Why investing in Noida Expressway a good deal?

Everybody who lives or have researched enough to be ready for living in the Delhi/ NCR region, knows how crowded all the areas of Noida and Greater Noida have become in terms of presence of residential and commercial projects in abundance. While the demand for houses is equal to the number of units supplied, other problems such as road congestion, electricity and value for money houses have worsened to a great extent. The one location that has become a talk of the town because of the interest shown by both end users and investors is Noida Expressway. In this article, we are going to talk about the area in detail and try to see why investing here can be taken as a good decision.

Because a large number of investors are confused in terms of where to buy a house, due to the fact that the options are a lot, one can choose to live anywhere in Noida, Greater Noida, Noida Expressway and the Dwarka expressway. The one area that has come on the prime notice is the Noida Expressway locality. Being comparatively new and a lot on offer, it takes a lot on attention on itself, whenever the investment topic comes up. 

There are some other reasons too, which makes an investment in Noida Expressway a profitable deal. They are:

1.      Infrastructure

The region has a fast-growing social plus physical infrastructure. Already, the 23 km road connecting Noida and Greater Noida is based towards the beginning of Noida and has been a reason for developed connectivity service in the area. The region is an excellent investment preference for its stable infrastructural development. Even when the internal roads link is not yet fully developed, the locality is already expected to be connected via the Delhi Metro line.

2.      Connectivity

The Noida Expressway area is efficiently linked with Delhi, via the Kalindi Kunj Road, (DND) Delhi, Noida, Delhi Highway; Yamuna Expressway, Greater Noida and also Ghaziabad. As it is already well linked through multiple roads, the metro is going to be an added advantage after being taken from the present Noida City Centre metro station and will go up till Greater Noida.

3.      Commercial development

There is a large number of IT and non IT companies, which are expected to start functioning in the Noida Expressway area. The number of jobs that are expected to be created here can be expected to increase the real estate demand in the area too.

Seeing the growth in demand among both end users and investors, a large number of developers have been motivated to develop project in the locality, in the positive hope of a hefty return. Some of the developers who have launched their new project here are:

1.      Supertech Limited

The most reputed real estate brand of India, Supertech Limited has recently launched their new project Supertech Ecociti in sector 137, near Noida Expressway. They are offering 1 to 4 BHK apartments of 410 - 11655 Sq. Ft. area size at a price range of Rs. 20.5 Lac to 1.48 Crore. Amenities offered by them are of superior standard such as theatre, swimming pool and gym etc. Brand name plus international amenities at affordable prices, is what grabs investors attention to this apartment.

2.      Logix Group

The renowned realty developer of Delhi/ NCR has recently launched their new project Logix Blossom County in Sector 137, right next to the Noida Expressway. The project is offering 2 to 3 BHK apartments of 900 - 1675 Sq. Ft. area size in the price range of INR 44.1 Lac to 83 Lac. The amenities they have on offer are swimming pool, golf course and club etc. which are at par with the standards followed by almost all builders in the area.

Noida Expressway is one of the best known areas for investment purpose. If you too are looking to buy a house, go for this area as it promises a hefty return on investment.

Tripti writes on the behalf of 99acres.com. Her articles talk about new developments in the real estate industry. She is an avid fiction reader, craftsman and a keen observer. Being someone who just observes without having a point of view, she keeps herself updated in real time. You can reach her on G+ and LinkedIn.

Top 3 upcoming projects of Noida

Like the majority of Delhi/ NCRites who have made Noida the most livable city, if living in the famous Delhi neighborhood and most developed locality of NCR is your dream too because of a myriad of factors ranging from connectivity, mix of property options, and abundance of social facilities. However before you make up your mind, it is imperative that you have settled the factors like choosing a developer, buying plot versus apartment, specification of the project, and the absorption rate. The next thing that you need to get your head around is the project you will be investing in. 

 

The number of fraud cases that hover around Noida real estate market is not unknown so before you start looking for a property for sale in Noida, accustom yourself with the projects that are presently ruling the market.

The top three projects of Noida that have made it to the list at the back of its brand name, amenities offered, record of timely delivery, and various other factors like offered space and property prices are: 

1. Mahagun Moderne by Mahagun Builders (Sector 78)

Spread across 25 acres of land, providing 2235 units amid 80% open space, the premium project has topped the list of top new project in Noida. Here they are offering two to five BHK apartment style units going from 1150 to 5175 sq. ft. area at a price ranging from Rs. 75.47 Lac to 2.33 Crore. Along with the apartments they are also giving out 4 BHK independent cum builder floor of 2490 sq. ft. area at Rs. 2.6 Crore, which is rare for a Noida based project.

The builder does not stop here; they also provide a number of modern amenities to the residents that include but are not limited to piped gas, rainwater harvesting plant, power backup, meditation center, paved compound, swimming pool, etc.

2.  Homes 121 by AGC Realty (Sector 121)

Spread over 12.5 acres of land, providing 1724 units amid 80% open space, the ready to move in project comes second in the list of top new project in Noida. Here they are offering two to four BHK apartment style units going from 920 to 1960 sq. ft. area at a price falling in the bracket of Rs. 16.99 Lac to 99 Lac. 

The perks that this project is giving out does not stop here; they also provide a number of modern amenities to the residents that include but is not limited to piped gas, laundromat, ATM, restaurant, theatre, meditation center, swimming pool, shopping center, etc. This is not it, every resident of Homes 121 can avail doctor on call facility along with shuttle service for metro connectivity.

  

3.      Wave City Center by Wave Infratech (Sector 32)

Coming up in the most strategic location of Noida, Wave City Center comes third in the list. Being in vicinity of various metro and other commutation routes, the project is spread across a total area of 152 Acres. In this large area, they are offering8500 units that comprises of two of four BHK apartment and studio apartments. The two to four BHK units range from 985 to 3016 sq. ft. area and are priced at the value justifying its worth from Rs. 82 Lac to 2.71 Crore while the studio apartments fall in 422 to 802 sq. ft. area category.

What makes Wave City Center the third most in demand project of Noida is the amenities it offers to the residents that are escalators, theater, ATM, cafeteria, restaurant, shopping center, gym, conference room, etc.  

While these are the top three projects of Noida, depending on your budget, location, and comfort needs you can opt of various other upcoming projects in both in and around Noida. What you should know that the whole territory is divided according to the price segment. While Noida Extension and Greater Noida still follow the low price trend to sell the excess units, areas that are in the heart of Noida such as Sector 30s and 20s, which have reached their maturity stage might not suit everyone’s pocket needs.

So do not lose heart if these three projects does not match your requirements, there are plenty other options available in the property market in Noida for you. Just know where to look!

 

Tripti writes for 99acres.com, with articles focused on real estate industry. Being an avid reader and a keen observer, she keeps herself informed about the new realty developments in real time. You can reach her on G+ and/or LinkedIn.