Noida One Of The Favorite Destination Of Property Investment
With IT investments and development of ITES in Noida, there has been significant resident’s growth in the city. For that reason, with the hurried expansion of commercial real estate market, residential possessions in the city has also grown promptly. The growing demand has built an enviable price appreciation to Noida residential city of the favorite motifs for property investment.
As already talked about, the main reason for the development of residential real estate market is the growth of the company and industry in the city. Each year thousands of IT professionals comes to the city to earn money. Thus as a result, the demand for housing has led to the development of commercial structures and modern daily life.
Owing to the boost in the price of the city residential property, many find it a profitable option to invest and make profits in return. In fact, the trend of real estate investing has allured the people to invest money and procure best apartments in Noida and Delhi.
It is located near the capital of India and well planned town, the city has become the hot spot for NRI investment. It is said that the expected foreign direct investment in the years to come will cross 30,000 crore. Non-resident Indians prefer to buy luxury residential property as their second home in the regions of NCR and Delhi. You will find most luxury apartments in Noida in the sectors 14, 15, 27, 28, 29 and 37. Most residential properties are housing units, while those located in sector 44 are group housing.
The variety ranges for residential property of apartments, houses, luxury detached bungalows, condominiums, villas penthouses. In order to excel over others, each involving real estate developers get the best experience for innovative projects and villas. There is strong contest amongst developers of the best to reach pioneering residential and lifestyle centers world-class quality. The real estate giant Unitech has developed plush residential apartments in the projects of the Great in the sector 96, 97 and 98. The project covers over 347 acres in Greater Noida Expressway.
Another well-known builder called Jaypee Group Noida basis has launched its latest project The City of Desire in Sector 128. The project focuses on golf and offers apartments with large green front. Other projects include Aamantran by Eldeco, Celeste Towers by Assotech limited, Eldeco Utopia, Omaxe Twin Towers, Eldeco Olympia, Grand Woods Omaxe, Omaxe Forest Spa by, Gaur Grandeur and many more.
There has been record investment property in the property market of the city. Therefore, a constant appreciation of the prices of the properties up to 30% is observed every year. This also ensures a highly impending for investors, since they have the prospect to make big profits. The city is well known for its developed infrastructure facilities, communications and transport, major shopping complexes and luxury shopping centers. Therefore, there is great demand for residential housing in here. Activities such as buying, selling and renting apartments in the city are very common. There are number of flats in Delhi NCR which is quite affordable when compare to other cities of India.
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