Wednesday 6 July 2016

Why should a person buy Property in Noida City?

Noida is one of the fastest developing cities in the country. It has developed so fast that its growth rate is higher than most of the major cities of the country. If we move back just a few decades, the city of Noida was not like this back then. The land was mainly used by farmers and landlords for agriculture purposes, there were small-small villages around the city and some industries. Then with the start of the industrialization reforms in the country, industrialists, corporate owners and businessmen realized the potential in the city of Noida. Its close proximity to the capital, availability of manpower and resources were some of the reasons that big companies and industries found advantageous back then to expand their business. The establishment of various numbers of industries at such a large scale in the city created thousands of job opportunities for the people. As people started working the city, the demand for residential societies, residential areas and flats rose. Seeing the opportunity, many builders and developers acquired land and started construction of their own residential apartments and societies in the city. The government also launched many housing schemes to offer residence to the people of the city. That's how Noida became Noida city as we know it now. Noida is still one of the most preferred location to buy homes for the buyers and most preferred Real Estate Market for the investors. Here are some reasons why:
Lower Prices: This is what attracts most of the buyers in the city. You can get a property at really affordable prices without compromising with the facilities and features in Noida. For people planning to buy a house, there are various Housing Schemes & Housing Projects introduced by a number of developers and builders almost every day. There are different projects launched keeping in focus exclusive needs and requirements of various types of buyers.
Residential Hub of the Future: Noida is the city of the future. The city is coming up with various development projects which will transform it into a complete Residential Hub. Projects include construction of a number of shopping hubs, big malls (in which one can buy any product ranging from basics to leisure), etc. Apart from progress in the entertainment sector, the city has also progressed a lot in the education and health sector as well. There are some prestigious schools (like Amity International, DPS, Apeejay School, Lotus Valley International, etc.) and Medical Centers (like Kailash Hospital, Jaypee Hospital, Max Hospital, Fortis Hospital, etc.) in the city.
Connectivity: Connectivity is an important factor while purchasing a house/property if you are planning to settle-in in that house/property. There are a number of transport facilities available for intercity travel in the city of Noida such as Metro, Government Roadway Transportation services, Government Railway Transport services as well as Private Roadway Transport services (Auto Rickshaws, Taxi, etc.). The city of Noida not just ensures easy Inter City connectivity for the public, but also ensures proper connectivity to other significant locations. One can use DND Flyway, Noida-Greater Noida Expressway and Yamuna Expressway for fast connectivity to other cities. The International Airport, i.e. Indira Gandhi International Airport is just at the proximity of 30 KMs from the city (which is also the biggest Airport in the country). With metro expanding in the city at such a great pace, Government future Roadway projects (like corridor and underpasses on Dadri-Surajpur-Chalera Road and near Mamura crossing), proposition of new transportation projects by the Government like Mono-Rail, etc., it can be said that transport is only going to get better in the city in future.
Best location for the purpose of Investment: With the upcoming Government Projects for development as per the Master Plan 2021 and 2031 which includes Regional Rail Linkages, Regional Road Linkages, various power, water supply, sewerage, drainage projects and with the extraordinary growth rate of the commercial sector in the city, which is expected to grow in the future too (as there are so many big companies proposing to open their branch offices or operating units in the city), it can be said that the prices of the properties are going to rise at a great pace in the near future, which makes it the best place for investments.
Modern Living Option at Affordable prices: The whole infrastructure of the city has been planned and executed well and with a modern approach. The city has finely constructed wide roads. Further, the city also serves well in terms of community facilities by providing better surroundings to its residents. The Development Authority of the Noida has worked hard in order to provide quality surroundings to its city people by creating parks and sanctuaries in and around the city like “The Okhla Bird Sanctuary”, “Noida's Botanical Garden”, etc. On the other hand, some of City;s popular gems in the entertainment sector are “Greater Noida Race Course” and “Noida Golf Course”. Whereas a world class cricket stadium is under construction in Sector-21 of the city. Noida has some of the best shopping arcades in NCR too, like “The Great India Place (GIP)”, “Garden Galleria”, “The Mall of India”, “Centrestage Mall”, and many others.