Delhi NCR offers a variety of high-paying jobs and premium infrastructure and is one of the fastest-growing regions all over India due to these factors. Due to great connectivity with the top cities of NCR through metros and top-quality highways, Noida has significantly developed, and real estate prices will surely strike high in the future.
The government is taking so many initiatives for continuous development, and Greater Noida is emerging in terms of residential places as well as commercial development. Living in Greater Noida in the coming years would be one of the best decisions due to the proximity to MNCs and jobs, residential places as well as conventional centers.
Here are the top 5 reasons to invest in Real estate in Greater Noida:
- Upcoming Jewar Airport
The Jewar airport is expected to be the largest airport in India, and the construction will be completed around the end of 2024. Once completed, residents of Greater Noida will not have to travel to the Indira Gandhi International Airport. The Jewar Airport construction projects involve developing around 4 thousand acres, with the future aim of constructing the surrounding properties. Therefore, it is the best time to invest in real estate because, for now, the real estate prices are quite reasonable and affordable in Greater Noida, but just after the airport is done, the prices will undoubtedly rise dramatically as soon as the construction of the airport is done.
- Employment
Cities like Gurgaon and Noida are the business hubs of NCR and are near Greater Noida. Noida sectors 62, 15, 125, and others are hubs of top MNCs, IT companies, and various start-ups. With continuously improving connectivity, MNCs and established IT companies are willing to invest in offices in Greater Noida to take full advantage of the affordable rates of properties and the exceptionally high-quality infrastructure. Career opportunities will surely take a steep hike as more companies move to this location and offer high-paying jobs.
- Easy access to Different Locations
Greater Noida is a wonderfully planned city with a lot of greenery and excellent roadways.
- Popular schools like Delhi Public School, Ryan International School, G.D. Goenka School, and Greater Valley are great for families looking to settle here with children.
- Universities and colleges are exceptionally great here, with Amity University in Greater Noida as well as on the Noida-Greater Noida expressway, Jaypee Institute of Information Technology in Sector 128 as well as in Sector 62, Shivnadar University in Greater Noida, and many others, all accessible through public transport and metros.
- Hospitals like Jaypee Hospital, Yatharth Wellness Hospital, Apollo Hospital, and Kailash Hospital offer high-quality facilities in Greater Noida.
- All the prominent banks like HDFC, SBI, Kotak, ICICI, and Bank of India have several branches in Greater Noida.
- Taj Mahal, Mathura-Vrindavan, and Murthal are some of the locations perfect for an outing and are easily accessible through the Yamuna expressway.
- High-Quality Infrastructure
Greater Noida was planned for 30 years before it was constructed and thus had excellent infrastructure.
- The roads are of high quality and exceptionally wide, with a scope of growth.
- All the residential societies and sectors in Greater Noida include a good number of shops for grocery and daily shopping.
- Yamuna Expressway is a top-class highway and is a great achievement for this city.
- Large shopping malls like the DLF Mall of India, The Great India Place, Logix Mall, Gardens Galleria Mall, etc, have been constructed mindfully.
- Property Rates in Greater Noida
Greater Noida is a great investment opportunity currently.
The cost of residential spaces in Greater Noida would approximately be as listed below.
- Average Pricing for 1 BHK in Greater Noida – 30 lacs
- Average Pricing for 2 BHK in Greater Noida – 50 lacs
- Average Pricing for 3 BHK in Greater Noida – 60-70 lacs
These prices are expected to hike in the near future, and the investments then may turn out to be expensive.
The above-listed reasons make Greater Noida one of the most popular upcoming locations to invest and live with your families. Depending upon the current projects in action, Greater Noida will offer a decent Return on Investment, and this is just the right time to invest because the prices won’t stay the same forever.
Paramount Group, a real estate company, offers its customers premium infrastructure and the latest design solutions to create top-quality projects that are a style statement yet give the comfort of a home. They are renowned for offering excellent 2 and 3 BHK in Greater Noida.
They make dreams come true by keeping a customer-centric approach to fulfil what the customer needs. Their priority is making a personal connection with their customers to understand what they are looking for in their future homes. They provide excellent services and assist customers throughout the process until they step into their forever home.
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