Bangalore is called the silicon valley of India as it is the leading IT hub of the country and the tech capital of India. Gradually, Noida is also walking the same pathway as Bangalore and is all set to become an industrial hub. Noida is an emerging IT hub with firms like Headstrong, EXL Service, First Flight Courier LTD, Padma Infocom Pvt. Ltd. IBM, Miracle, AON Hewitt, Fujitsu, WIPRO, Padma Infocom, HCL, Adobe Systems, Ericsson, Dell, Sparta Consulting, Accenture, Samsung etc. located in its vicinity. Noida also hosts the head office of the Software Technology Park, which was established by the Government of India to promote the software industry. In the Special Economic Zone (SEZ) Sector 135 along the expressway TCS, Accenture, Genpact and Steria have started their offices. It is very evident that due to its fast paced developments and rapid industrialization Noida is becoming a preferred investment location be it for commercial purposes or residential. Buying a property in Noida has many advantages. Let’s discuss the top five reasons to buy a property in Noida.
Great Location
The very first advantage of buying a Property in Noida is its great location. Noida’s proximity to Delhi, which is the political hub of the country, makes it an attractive destination for investments. There are many buyers who dream of buying a house in Delhi but are not able to locate one. The reason for this is the shortage of options in the main city of Delhi itself but NCR provides a great solution to this problem. There are many real estate projects in Noida, Noida Extension and Gurgaon.
Commutation Accessibility
The second reason to buy a property in Noida is great connectivity with ease and accessibility of transportation via a well connected metro and road network. Buying a property in Noida provides a good residential solution to people working in Delhi as they can live away from the hustle and bustle of the over-crowded city and still commute easily to their offices daily via metro. In Delhi, the residential areas are already over cluttered and there is dearth of raw land as well for any kind of construction activity. Thus, now all the residential activities are being carried out in the regions of NCR. The city is supported by three main Expressways: The Noida -Greater Noida Expressway, DND Flyway, and Yamuna Expressway which has enhanced its connectivity with other areas of NCR and to international tourist destinations like Agra.
Variety to Choose From
Thirdly, a lot of variety in terms of housing is provided in NCR ranging from mid-end apartments to high-end luxury villas. There are housing solutions for the mid-segment buyer as well as the elite and super rich classes. There are many properties in Noida to choose from offered by reputed builders like DLF, Amrapali Group, Mahagun India, Supertech, Jaypee Greens, Gaursons India and many others. All the properties in Noida showcase great features and attributes accompanied with luxury and style. Not only Noida but its further stretches of Noida Extension and Greater Noida are offering newer options for the investors.
Price Appreciation
The fourth reason to invest in a Property in Noida Extension is the bright prospect of price appreciation. With continuous setting up of MNC’s, five star hotels and other industrial projects the prices are expected to hike which in return will give more profit margins to the investors. Another great opportunity comes in the form of employment options as NCR is transforming into a major IT hub.
Good Infrastructural Development
Lastly, the region has good infrastructural developments including good roads, regular water supplies, no power shortage, good educational and health institutions, amazing entertainment parks as well as many other proposed projects. So, if you are looking for a real time investment with assured returns, buying a Property in Noida Extension is a great option.