Triggering A Buying, Raising Consumer Confidence in Noida Real Estate Market

Over the past few years, National Capital Region has gained momentum in real estate developments, from rising interest of buyers looking to buy property in Noida. Urban lifestyle, high speed connectivity, job opportunities and well developed social and commercial infrastructure has constantly garnered attention from property buyers. Noida broadly is divided into three categories, one is the oldest developed residential sectors, namely 12, 22, 26, 27, 29, 37, among others and the other two are the upcoming neighbouring areas such as Noida Extension and Greater Noida. Let us know the reasons impacting property buyer’s decision to buy property in Noida and neighbouring regions:

Why Noida Extension?

• Noida Extension offers a plethora of residential housing options along with modern age amenities and facilities. It is well connected with National Highway 24, Greater Noida and Central Noida. Available properties in Noida extension are from all well established builders with good market presence and credibility for offering projects timely. Amenities like a private terrace garden, club house, jogging and strolling track, among many others are a few of the high end smart technologies that are being offered by real estate developers in Noida extension, enough to trigger a buy among potential buyers.
• Housing options: Noida Extension offers properties to cater buyers from all budget segment. You can find budget homes, mid-segment class homes, luxury apartments and residential units as well. However, the property price further depends upon the size of the dwelling.
• Target Audience: If you are a professional or first time home buyer, Noida extension will suit your budget as property available in the locality ranges from minimum 30 lakh and goes above a crore. First time home buyers with low budget also have the option to buy property in Noida 

Why Greater Noida?

Greater Noida is informally divided into two parts – Noida Extension and Greater Noida, both offering well planned infrastructure. If we talk about Greater Noida alone, then it offers a lot of established social and commercial infrastructures along with residential development.

• As a prospective home buyer, you will be wooed by the large open spaces here followed by the availability of premium schools such as DPS, GD Goenka, Greater Valley School, Lotus Valley, APJ International School, among various others.
• Apart from established infrastructure, you may also find number of residential housing options, many of the under construction stage, whereas many ready to move in suiting well with the budget of home buyers from all backgrounds.
• When it comes to lifestyle, Greater Noida has malls, entertainment centres and also the residential communities offering high end facilities.
• The area also has a factor driving demand here, which is the announcement of the metro route in Greater Noida. It will pass through Knowledge Park-II followed by including areas such as Pari Chowk, Sectors Alpha 1 and 2, and many others. This metro announcement has worked positively in the real estate market of Greater Noida and also on increasing the positive sentiments among buyers. However, the actual demand will pick once the metro work will seem to be in the completion stage.
• There are a lot of commercial projects in Noida and it has expanded to Greater Noida as well for which many professionals on a daily basis commute to the area from other parts of the city. Looking at the availability of work opportunities here many professionals have cited it as a better option to reside here.
• Growing work opportunities in Greater Noida have been only because there have much traction of many top notch IT companies. As metro is reaching greater Noida therefore, several IT companies are eyeing Noida Expressway and Greater Noida for setting up their offices and hence housing demand from professionals.
• The area also witnesses rental housing demand from the students migrating here from across the nation to pursue education.

Growth of commercial projects

Considering the growth in housing demand, real estate construction activities across Noida, greater Noida and Noida Extension, have taken a high rise. Right from IT, telecom, software programming, IT services, E Commerce to electronics, all have their base across the city. Greater Noida is one such example for offering commercial projects in Greater Noida. Real estate developers are also keen on offering commercial spaces across Noida and its neighbouring developing areas owing to the increase in momentum of people migrating to work study and live and hence demand in for buying as well as in renting homes. If you are looking for upcoming commercial properties in Noida extension, greater Noida or older established areas of Noida, there is a plethora of options to choose from. Renowned developers are offering commercial properties in Noida, extension and greater Noida as well in varied sizes and attached amenities.

Buyer’s outlook

Whether you are an end user first time home buyer, investor, NRI or from another city looking forward to invest in Noida you will find property for sale in Noida in huge numbers. In many cases buyers have to be smart and keep a check as many times they land up getting into the wrong deal. Many people offer property in Noida for sale, which are not even approved. In order to keep a check and get the right deal, buyers need to assess the developer on various parameters, consult necessary people and then make the financial decisions.

In order to be a smart buyer, you need to be aware of the few factors which are:

• Checking the background of the developer
• Clear title of the property
• Details of the property size and area promised
• Occupation certificate
• Ensure there are no legal dues on the buyer
• Commencement certificate
• Additional cost while buying a home
• Amenities in the project
• Infrastructure promised in the project, etc.

Whether you are buying a residential or commercial property in Noida, it’s never too late to do a check in order to get the right deal.

8 Reasons Why Buying Commercial Property In Noida Is A Great Option!

More often than not, investing in a commercial property is the heftiest expense that you incur as a business enterprise. While this expense is non-recurrent, it also is not reversible, because once you buy a property, chances are that you wouldn’t want to sell it off or even rent it out for a long time to come. Hence, it is always better to make a solid investment, something, that wouldn’t make you regret your decision, and it is for this reason, Noida is fast becoming the preferred choice of all businesses. If you’ve been wondering why exactly that is, here’s a list of8 reasons why it makes complete sense to buy commercial property in Noida!

1. Competitive Pricing

While at the first instance, you may find the property rates in the NCR town a little mind boggling, after careful consideration and comparison with prices in the capital city, it will only seem worth the value. Especially because of the top-notch amenities and features that a large majority of new projects in Noida offer!

2. Connectivity

Stupendous connectivity options offered by the metro as well as the local transportation facilities make Noida property the censure of all businesses. It has become exponentially easy for employees and clients alike to approach the NCR area seamlessly, without any hassle.

3. Residential Projects

Since Noida has become a hub for some of the finest residential projects, attracting a large number of people pouring in from Delhi as well as other NCR along with those coming in from other parts of the nation looking for a better lifestyle, it is only obvious that businesses will get a boost in the near future.

4. Well-Planned Layout

As opposed to a large majority of urban cities in India, Noida property has been meticulously planned by the local authorities in a manner which makes it highly viable, both commercially as well as on a societal level. It is this very reason, that the city seamlessly extends living benefits to families and singles alike, thereby creating a larger market-place for all businesses.

5. High Standard of Living

Pertaining to Noida’s close proximity with Delhi, the residents are used to a high standard of living, a factor which greatly helps in attracting as well as retaining employees thereby aiding businesses to overcome a major challenge of the present day scenario.

6. Integrated Commercial Projects

Home to some of the finest commercial projects such as the BPTP Capital City Noida it is becoming increasingly cost-efficient for businesses to set up in the area. Marvellously integrated to offer facilities such as conference rooms, high-speed internet and even fitness centres, BPTP Capital City has already attracted some major commercial giants, thus proving to be a hub for some of the most successful ventures.

7. Proximity to New Delhi

Needless to say, New Delhi being the capital city of the nation is core to the smooth and efficient functioning of every business, especially in terms of legal documentation, licencing, various business permits and other such technicalities. Owing to this very fact, buying commercial property in Noida, will, in all likelihood prove to be immensely beneficial for any business in the long run.

8. Yamuna Expressway

Noida property has never witnessed a boom like it has in the most recent times, and it wouldn’t be wrong to attribute this boost to the Yamuna Expressway, thanks to the unparalleled connectivity that it offers. It is for this reason that new projects in Noida such as the BPTP Capital City have become the most-sought after projects, thanks to its juxtaposition to the expressway, which is a boon for every business house that flourishes in the premise of this outstanding project.