Known to be one of the largest industrial cities in India, Noida is a city that has left all records behind in its skyline renewal. Its real estate sector transformed it from a barren land to a display of advanced world-class architectures that even developed cities envy. And now there has come a time when hundreds of new projects are launched every year, both in the affordable and luxury realm. But as an investor, how will you decide where to invest in Noida for the highest returns?
Here are the top four locations to invest:
Noida Extension – Also known as Greater Noida West, this town is known to be the best planned neighborhood in Noida. Easy connectivity to all NCR cities makes property in Noida Extension West so much in demand. Since it is still in the affordable category, mid-tier buyers can take advantage of the properties. Several properties are due for delivery in 2016 and several are in various stages of construction.
Yamuna Expressway – The best thing about this town is its connectivity through the Mahamaya Flyover and its proximity to the F1 Track and the next night safari. Yamuna Expressway Scheme Projects has made it easier for buyers to invest in real estate. Some of the schemes are for government employees and other specific buyer segments, while others focus on making properties more affordable, either in the form of EMI holidays or a reduced interest rate.
Greater Noida – Greater Noida is another good location from an investment point of view. Although prices haven’t appreciated much in recent years, it’s still a good place to park your money. Some of the professionals are in favor of Greater Noida while others are against it. Due to the high level of unsold inventory, builders are in a hurry to sell their project, which is why property prices are very affordable.
Noida–Greater Noida Expressway – Its proximity to the commercial hub of Sector 18 has made it the most sought after place to live. Overpasses, underpasses, highways and expressways surround the town and make it easily accessible from all parts of NCR. Sector 94-150 falls along this highway, so property prices have skyrocketed in the region.
All the above factors point towards a bright future for real estate in Noida. So if you expect a high return on investment in the near future, Noida is the best option.