Discovering the Emerging Realty Destinations!

Greater Noida is one of the emerging industrial townships in the state of Uttar Pradesh in Gautam Buddha Nagar district. It is a fast growing region and it has left behind the other adjoining cities like Gurgaon in terms of development and sale of residential properties.

Rise in Investment in Commercial Space in Noida

Many companies are coming up with new ventures and plans to be implemented in Noida. A number of Non-Resident Indians and other good investors are readily investing their money into the new real estate projects in Noida. The reason for such a keen interest shown by high profile investors can be attributed to the long term potential gains that this city promises to give in the future and the better comforts that will cater to the needs of the more discrete clients. There are already many good and highly facilitated malls in Noida and many more are in the process of construction.

Many business tycoons are also coming up with large investments to make in the real estate properties in the city. It is because of the large commercial space in Noida which is alluring these wealthy investors and other people to invest their hard earned money here. Since it is also a home of many national and international ITES, IT and BPO companies, the interest of large number of investors is going to increase even more. Furthermore, the issue of connectivity is also solved for properties located here due to the strong linkage through metro stations to many connected cities like Delhi, Ghaziabad, Gurgaon, etc.

Thus, it can be concluded that the city is transforming into a center of hot realty destination. It is a highly developed and advanced city. If you are planning to start a business or want to buy a flat in Noida then you do not need to think of any other place except this to get the best dealings and that too at affordable prices. It is a prospering business here and is trending towards enhancement and progress and is greatly reliable that it will not suffer any setbacks.

Residential Property Trends in the Cyber City of Noida

Noida has seen a lot of development in the recent years and it has ideally turned to be an IT hub. Many schools, colleges and multi-national companies have developed their centers there.

Greater Noida Perfect Place for Office Space in Delhi-NCR

Noida and Greater Noida Both the cities had dedicated industrial spaces also as the same were developed and subsequently managed by industrial authority of UP. Assisted development of industry particularly non – polluting and clean manufacturing type verticals was promoted by the state agencies. ‘Special Economic Zones’ or SEZs emerged as a prominent and successful economic experiment in this urban region of the NCR. State of the art infrastructural conveniences were the hallmark of such office space in Greater Noida. It presented the dream environment for the business activities and convergence operations of the companies.

No wonder the region evolved as the ‘headquarter’ destination for some of the leading BPO and electronics brands of national and international presence! Single window clearance was facilitated by the UP government for the establishment of businesses and this provided a major reason for the shifting of office operations for many Delhi based companies. This region also established itself as a media hub in the recent years. Most of the electronic news media houses accepted it as a preferred choice for their operations on account of latter’s proximity to Delhi.

The region received connectivity boost in the recent years through the infrastructural extensions of Delhi Metro. It revolutionized the image of the city as it no longer remained the satellite town of Delhi but got actually integrated with the latter’s economy and society. Yamuna Expressway is a similar development providing influxes from the east. Therefore for acquiring office space or Residential Property in Greater Noida has emerged as a dream point locale!

The Culminating Economics and the Real Estate Boom in Noida

Noida has emerged as one of the most prominent urban centers of the National Capital Region. Noida – an acronym for ‘New Okhla Industrial Development Authority’ was established as a planned urban region and came into existence on 17 April 1976. This city is a part of district of Gautam Buddha Nagar in the state of UP. Noida led the urban expansion phenomenon along with similar cities like Gurgaon and Faridabad in Haryana and Alwar in Rajasthan.

 

In fact with the emergence of such economic hotspots, emerged the concept of ‘national capital region’. With lot of economic activities taking hold here, development of new real estate projects in Noida gained sharp momentum.

In the yester decades Delhi like most of the global capitals began experiencing the demographic over load as a consequence of convergence and differentiation of economic activities here. Economic activities have always been one of the prime factors which determine the manifestations of human settlements.

Noida reflects that same equation! It evolved as a promising ‘counter magnet’ for the booming and over flowing economy of NCT of Delhi. It provided the much needed space to relieve the congestion of Delhi at a very opportune time. With the shooting of property prices in Delhi its human resource particularly those who had economic interests closely interwoven with Delhi began moving out for relatively cheaper options.

Noida received a potent pull as regards its land resources since the same was now targeted for real estate developments and expansions. Real estate companies in Noida were active enough in the last few decades to act as vital ‘earth machines’ to transform the landscape here. The hither to rural appearance of Noida was fast emerging into an urban center.