Why Investing in Noida is Profitable Than Other NCR Areas?

The sale of property in Noida has escalated over the decade and this report can be attributed to its popularity in terms of its offerings from world class infrastructure to luxurious condos, office spaces, modern amenities and ease of connectivity; all packaged at an affordable price.

Housing society sales and buying of commercial property in Noida including plots in Noida has risen across the nation since January this year when compared to the last quarter of 2012. This is due to new projects being launched at attractive prices and discount schemes on offer to lure prospective buyers. Low-price property may not essentially mean that the property you intend to purchase is worthless or built of cheap materials. It only means that the real estate developers have realised the potential of utilising barren lands set on the outskirts of the capital cities to be transformed into a township that one can only dream of.

There are speculations that property in Noida will escalate further while the impending revival of the economy is likely to fuel the demand for new luxurious and affordable homes and plots in Noida. Hence, if you are planning to buy a house around the outskirts of Delhi then Noida and Gurgaon ought to be positioned high up on your preference list. These satellite cities are touted as one of the most sought after destinations when it comes to investing in properties in the National Capital Region.

Gurgaon, called the 'Millennium City', witnessed a surge in the demand for new homes when it was initially established and this has slowed down due to the property price inflation. People began to look for cheaper options and searched for plots that were set farther than Gurgaon NCR. The focus suddenly shifted to Noida and Greater Noida regions when the state government began developing DDA housing societies in full swing and leading real estate developers realised the potential of this area and acquired barren land for development of world class infrastructure and amenities. This changed the face of real estate business and dealings and Noida became the new destination to invest in lucrative, luxurious and affordable properties.