The sky touching prices of properties in Delhi has paved the way for Noida to emerge as a hotspot for real estate industry. The city has witnessed a high pace growth in the last two decade in terms of real estate. The city has witnessed a drastic change in the last two decade. Earlier it was primarily agriculture based land, now it is one of the major IT hub, which has managed to create its niche not only in India but also in other countries. It is ranked as one of the highest development city in Asia. Many under construction projects in Noida completed in the past few years and many more are still lined up and being constructed. The area was in controversy owing to a discord between farmers, and local authorities of the area. The farmers were demanding their land holding back, creating hurdles for people including investors and builders. After the final verdict of the Supreme Court came out, which stating land shall not be returned to the farmers but the compensation in lieu of must be increased appropriately. Now there is no discord at all, which has increased the credibility of the area for investors. Now people are more confident and comfortable in investing here. According to real estate analyst property prices may get a leg up in the coming future. This is the high time for you to invest here.
The city has many dedicated builders, those are working for many proposed projects on the land acquired by DDA and Noida Development Authority through bidding and acquisition using proper legal process. Many renowned builders has shown their dedication in terms of quality, design and construction. They are working efficiently to provide affordable as well as luxury apartments here in Noida.
The city houses numerous IT/ITES, BPOs, KPOs, LPOs and so many more, owing to its advantageous location and proximity to the capital city Delhi. It is well connected through a channel of roads and highways from Delhi. Delhi Metro has revolutionized the transportation in the city, enabling a good populace to travel with ease to and fro Delhi. The city has proposed metro extension lined up and that will be completed in next few years.
The city has a range of offers for residential as well commercial property buyers at its various advantageous location. If you are looking for a good property within your budget, many ongoing projects in Noida are waiting for you, where you may get the property in accordance with your interest and affordability.
