Greater
Noida Real Estate
Greater Noida is a known planned township situated
in proximity to the India's Capital city, Delhi. As such,
the area falls within the NCR region and is adjacent to Noida,
the first industrial township in Asia. It is a township developed
on the outskirts of NOIDA, is mainly to cater to the phenomenal
influx of population into this region in the last few years.
If Noida boasts of a vigorous growth as far as real estate
is concerned, Greater Noida indeed tops the chart in real
estate development. Much development has taken place here
during past years, making Greater Noida an attractive destination
for prospective investors. Greater Noida has shed its old
area tag and is on the verge of emerging as a fast developing
infrastructure support system.
Property market in Greater Noida is flourishing at a tremendous
pace. Whether talk about residential property or commercial,
both are raising sky high and that too with rocket speed.
The demand for property is outstripping supply thereby resulting
in an increase in rental and property prices.
What adds on to real estate value of Greater Noida is its
proximity to Noida and also its pollution-free environment.
Indeed, the authorities do not permit polluting industries
to set their establishments here. There are laboratories for
measuring ambient air quality. With a multitude of construction
projects budding in this twin city of Noida, its infrastructure
is metamorphosing from better to excellent.
A lot of quality constructions are expected to be coming
up in the residential market of Greater Noida. Adding to the
living standard are improved infrastructural facilities like
wide roads, proper underground cabling and excellent drainage
system. A number of shopping avenues featuring world class
brands and outstanding services also make Greater Noida an
attractive destination for investors.
One of the major reasons why people are mulling over investing
their money in Greater Noida is the escalating prices in Noida.
The rate of property in Greater Noida range between Rs 2,400-2,800
per sq ft m as compared to Noida whereas the rate of built
up property is no less than Rs. 3.500 per sq ft. Likewise,
land rates in Greater Noida hang between Rs 16,000 - 22,000
per sq m whereas it is between Rs 35,000 - 65,000 per sq m
in Noida.
Greater Noida is also establishing itself as an attractive
value proposition for commercial properties. One of the most
significant sector gaining high market value in the commercial
phase of into view, is the IT and ITES sector. It is believed
to be the key driver for the office market which accounted
for a major portion of the over all office absorption.
Alpha, Beta, Gamma, and Delta enjoy reputation of being well-settled
sectors in Greater Noida. Here the going rates for land range
between Rs 16,000 - Rs 18,000. Following in ranking are P3
and Swarna Nagri, where the property prices are slightly high.
Top real estate developers like Unitech, Eldeco, Ansals, Omaxe,
Parsavnath, Assotech have established their presence in Greater
Noida.
Adding more to its investment features are better connectivity
like plans to build an international airport and connecting
by Metro Railway. Undoubtedly, Greater Noida is riding on
growth wave and promises to set new benchmarks.
Real Estate Greater Noida - Buy, Sell, Rent Properties, Commercial, Residential
Land, Plots, Apartments, Flats, Office and Retail space from reputed builders/developers by
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