All of us wish to have a warm, cozy and luxurious home in a well planned city which boasts of glitzy malls, high-tech IT Parks, world-class institutions and all the conveniences of life. Now, the wait seems to be over as the real estate development in Noida now offers everything one can desire. Property in Noida is the main focus of every person engaged in real sector because it assures well calculated cash back in future.
Property in noida is one of the most sought after requirement for everyone in present scenario. The commercial hub, Noida has a close proximity to Delhi that makes it the hot destination for property buyers and real estate developers. One of the largest planned towns in India and in Uttar Pradesh, Noida boasts of all high-end facilities with the presence of all major institutions. Noida or the New Okhla Industrial Development Authority was constituted under the UP Industrial Area Development Act, 1976 and covers 20,316 hectares of land area. It is well connected to other parts of the Delhi/NCR region. It has excellent connectivity with Delhi via the 550m long 8-lane Noida Toll Bridge over river Yamuna. Noida is also well connected to other parts of NCR via the Faridabad-Noida-Gurgaon Expressway and NH-24 bypass that connects it to Ghaziabad.
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Property in noida have emerged as the preferred destination for many real estate developers due to many reasons. The primary reason is its location as well as its proximity to Delhi and other parts of the NCR. Moreover, Noida is home to innumerous leading MNCs and various prominent Indian companies. Noida also boasts of excellent metro rail connectivity which facilitates convenient travel within the NCR region. The presence of many the world-class educational institutions add to the attractions of the city. There are numerous malls, multiplexes and other places to hang out with family and friends.
Noida has witnessed a massive surge in the real estate sector with famous builders making an entry with large investments in the town. Reputed real estate companies like Jaypee Group, PAN (Patel Engineering, Amrapali Group and Nirala Group), Prateek Group, SHRI Group and Eldeco Infrastructure have their projects in progress. It is expected that Noida will witness more such upcoming projects in the current year, and will soon become the Singapore of India.
Noida has been so far the greatest beneficiary of the real estate boom in north India. By virtue of the excellent civic infrastructure and the well maintained roads, the city has been an eye catcher for many investors who dream of living in a well planned city. Besides this, the Metro rail connectivity has lured many builder s to take advantage of this location and build numerous projects in this city. Investments worth crores of rupees have already been done and the city will witness more such investments in the years to come. With the establishment of more special economic zones and expansion of the Metro rail link, one can expect a lot of people to live in this city.
The day is not far away when Property in noida will join the big league of cities like New York and London in terms of infrastructure. We will have to wait and watch how great this real estate boom shapes up to become.
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