One of the most well-planned cities in India, Noida is the answer to problems caused by the deficit of land in the capital city. Delhi and its surrounding areas have seen tremendous development, and thanks to this, the area is a little too populated.
As a result, Noida now meets the housing needs of a large part of the population. This satellite city is still developing and expanding, which makes for a great opportunity when it comes to investing in real estate.
According to research published by Moneycontrol, Noida Sector-46 ranks in the top position when it comes to realty investment destinations in India. This trend will hopefully continue as new projects are cropping up in the city. With the influx of large companies and more people moving into the city, most investments here will turn out to be beneficial.
Noida offers affordable investments compared to other parts of the NCR. Since most areas here are still developing, it's a great time to explore your investment options. Check out these points to learn why buying property in Noida is a wise decision.
Metro and Road Connectivity
Connectivity is an important feature to consider when investing in real estate. Delhi and Noida are well connected through the metro railway, and the upcoming metro plans will connect the area to various other parts of the NCR.
Apart from the metro, Delhi and Noida are well-connected through roads, highways, and expressways that make for convenient transportation.
This great connectivity ensures that more people will be able to commute to and from Noida with ease. Thanks to this, the city will see an influx of people looking to benefit from the lower cost of housing.
Ideal for Asset Generation
With the presence of reputed and established builders and developers like Unitech, Noida is an ideal place to invest in real estate. The existence and the establishment of corporate offices will ensure that the property prices see appreciable rise in the future.
Buying property in this area, whether it's for your own residential purposes or simply as an investment is a good idea. The ever-expanding population of professionals in the city will ensure that you get sufficient rental returns.
Well-Planned Infrastructure
This city is one of the most well-planned cities in the whole country. You'll find wide roads and ideally placed infrastructure, which provide the perfect backdrop for the development of residential and real-estate projects in the area.
The bare necessities are very important when it comes to investing in residential properties. The planned nature of the city also ensures that there are minimum hassles in development and the basic services like water and electricity are taken care of.
Comfortable Living
According to an article published on MSN, more and more people are moving to Noida and its extensions to provide their family with an urban lifestyle. If you're considering moving to this area, you should know that Noida boasts various shopping complexes, parks, and recreational facilities that will help you give your family the life that they deserve.
The city also has a number of medical institutions and hospitals in case you're looking for good health care. You'll also find prestigious schools and colleges, so you can ensure the best education for your children.
With all these basic amenities in close proximity to your home, you won't have to travel far to satisfy your basic needs.
Increased Employment Opportunities
Noida is seeing the establishment of a number of corporate offices, which means that soon, professionals working in these offices will flock to the area. Increased employment opportunities could even mean that you can get a job in the area, and save on transportation costs by shortening your commute to work.
Proximity To Big Cities
Noida is situated in close proximity to Delhi and Ghaziabad, both of which have good public transportation systems. So, even if you're employed in these cities, travelling to and from work is a simple affair.
Noida is witnessing an increase in the number of residential projects, and the decline in real estate prices makes this an opportune moment to invest in property here. Before you plan any investments though, assess your finances and ensure that you can take on the cost of the investment.
Source : articlesbase.com
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