Thursday, October 1, 2009

Information On Properties in Noida or On Noida Properties. Noida Property a Emerging Real Estate Sector

The Delhi NCR region has witnessed a great number of residential projects being constructed and the market speculation is that the growth will continue in the same pace for the next two to three years. Noida and Greater Noida are the emerging destination in NCR for the investments in properties in noida or Greater Noida. Greater Noida falls within the National Capital Region in New Delhi and is located very near to Noida Industrial Township. In recent years, it is considered to be an emerging real estate destination for both residential and commercial properties due to its metro extensions, express highways, and wider roads.

Noida property market has an exceptional demand for residential complexes surrounded with modern amenities like fitness centers, children park, fun park, medical aid centers, restaurants, community hall and shopping centers. Properties in Noida certainly benefits from the relative proximity to Delhi. Excellent network of roads and other civic infrastructure make up for a good idea to stay here. Also, Noida is attracting large interests from young well to do professionals who are making Noida, the highest income tax paying district in UP. The real growth drivers of real state in Delhi are NRIs and working population. They prefer to settle in Delhi due to the fact that it has state of art infrastructure, proximity to other cities like Noida, Gurgaon. Interestingly though the capital prices of residential real estate in some sectors of Noida have gone up by almost 5-10 per cent in the past 3-months. Moreover, the demand for residential properties in Noida and Greater Noida is likely to shoot up in very near future, feels industry watchers. Greater Noida also boasts of being the only city in North India with privatized power distribution which ensures efficient and uninterrupted power supply. An international airport is also coming up in Greater Noida.

The demand for Noida real estate properties, both residential and commercial is reaching new heights. Greater Noida seems to attract more investors and developers due to its better infrastructure facilities arrangements and also a direct metro connection with Delhi and the Express Highway (taaz express) to Noida will enhance and facilitate easy movements to Noida.

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