Potential investors often look out for new properties in Noida and Greater Noida. These two suburban areas around the capital have witnessed significant growth on the real estate front. It would be a wise decision for you to invest in real estate in Noida or Greater Noida. In the coming years, property prices in this part of the city would be increasing. In this post, you will get to know why it would be a good decision to invest in real estate in Noida or Greater Noida.
Here are some of the reasons that explain why it would be wise to invest in real estate in these locations.
- Excellent connectivity
Over the last decade, the government authorities have largely focused on developing the infrastructure around Noida and Greater Noida. With fast-moving roads now available, it is easy for the residents to move around. Particularly, the Aqua line of the metro railway seamlessly connects Delhi and Noida with Greater Noida. This infrastructural development has also led to the high demand for commercial property. Currently, Greater Noida attracts a number of IT firms. Commercial property investors would benefit from purchasing these properties, as they would enjoy high returns in the coming years.
- Airport at Jewar
The upcoming airport at Jewar is likely to be the largest in the country. Evidently, residents and corporate professionals in Noida would significantly benefit from the better connectivity on the cards. As a result, prices of real estate in Noida and Greater Noida would further escalate. Business activities in Noida would also get a boost with the development of this new airport.
- Development in infrastructure
Greater Noida has got a number of infrastructure projects in its pipeline. This includes a mega rail terminal and a transportation hub. As a result, people residing in the area will have better employment opportunities. Moreover, a fast metro rail project is also likely to strengthen the connectivity between Greater Noida and the IGI airport. Apart from this, several other projects are currently under development. This will enhance the real estate property market in the coming years, as prices would escalate rapidly.
- Impressive social infrastructure
The social infrastructure in Greater Noida is well-developed. You have several branded academic institutions around, including Khaitan Public School, Kothari Public School, Amity University and DPS. Along with this, you have some reputed shopping malls and markets around. A number of established hospitals are also located around this area. Companies like Micromax, Lava International, and LG have also established their offices in the city. With the social infrastructure developing fast, it would be a good idea to purchase your property in this area.
You simply need to explore the different investment options in the city and make your decision. Investing in Noida or Greater Noida would be a good decision at this point of time.
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