Noida is fast becoming a popular area among people who want to invest in property.
The area has an equal appeal for people looking for commercial plots too for setting up their new office.
There is a rush among homeowners too regarding Noida because the majority of them want to find their dream home in any of the top projects in greater Noida west or elsewhere in the region.
Basically, some reasons determine their thought process. Some of the reasons have been compiled and presented here for your reference:
Accessibility is one of the core reasons behind the popularity of Noida as a residential and commercial area.
The area connects Delhi with a good network of roads. The Noida-Greater Noida Expressway makes it easy for people to connect with Noida and Delhi.
Future projects are also in the pipeline that intends to connect Delhi and Noida through the new loop of the metro. This Metro line shall run through Sectors 32, 50, 51, 78, 81, 83, 101, 137, 143, 147, 149 and 153.
The ace property dealers and property investors look for properties that are expanding.
Expansion does not apply in absolute terms always. Here, expansion means increased commercial activities in the region, expansion of commercial centres and a growing number of residential properties in an area.
Noida features all these properties that establish it as an ever expanding zone. This makes it a popularly chosen destination for property investment.
There is another welcoming feature of properties in Noida. There is a property that fits into the budget of every property investor.
The lucrativeness of properties in Noida acts as a drawing force for hundreds of realtors of different sizes and profiles. Eventually, they make residential and commercial projects that fit into their capital as well as comes within the budget of every property investor.
For instance, properties in Greater Noida start at approximately Rs. 3500/- per square feet. The same area coverage comes at a higher price in other parts of Noida.
Hence, Noida gives property owners a wide range of choices. This makes properties in Noida most cherished among everybody.
When you invest in a property, you will look for handsome returns if you have to sell it someday. Properties in Noida meets this expectation precisely.
On average, you can expect a return of 10% to 15% if you sell your Noida based property within a year from its purchase.
The same property can fetch you an average return of 25% or more if you resell your property within three years of purchase.
So, you can make handsome gains when you invest in a property in Noida.
