Real estate market sees significant upswing in Noida and NCR

beautiful-city-223633In 1976 Noida came into existence and developed into one of the biggest and most economically significant hubs of India. Real estate investment is one of the most lucrative sectors for investment in India. After reviewing the top 10 markets in India, there is a positive shift in the overall feeling within the housing market. There are several areas in India that preside at the forefront of this highly profitable market in which Noida and Noida extension are two of them. Its excellent connectivity is augmented by the Yamuna Expressway on one end and the Noida Expressway on the other.

Noida and NCR are some of the best places to invest in real estate business, because it enjoys certain benefits that are as unique as they are favorable. All the properties in this area have been privy to a price appreciation trend that has left the entire real estate community dumbstruck in its wake. High absorption rate was recorded in the affordable and mid-end segments.

Major developers:

Many reputed developers likeEldeco Group, Jaypee Greens, Rudra Developers, BPTP and much more have established scores of commercial and residential properties here. They have masterminded some of the most prestigious developments in Noida, which attracted several IT companies like; Fujitsu, Dell, Ericsson, IBM, Miracle, Metlife, Indus Valley Partners, Accenture, Samsung and so on.

It’s a good time to be here:

The emerging trend represents that a large projects with numerous blocks of apartments offering an array of amenities like swimming pool, gymnasium, club house, etc and low income resident are choosing 2 BHK flat in Noida region.  Good news for those looking to buy or sell property in Noida and NCR, a recent data indicates that real estate market in Noida has also been incredibly beneficial for the Indian economy. The median appreciation of properties in Noida is 10-11% (latest quarter appreciation). The yearly rate reaches up to and even surpasses 18%. This translates to a high rate of return in a relatively short period of time.

Demand of residential property in Noida and NCR region will endure to growth exponentially, and results can be seen in the various residential apartment projects being thrown by the government.Now people are comfortable in finding grand living life style by Noida flats. If you’re looking for a place to invest your hard-earned money, Noida and NCR is your safest bet. You can be sure that Noida and NCR will enhance your investment portfolio in a very short period of time. real estate

In these regions there is also, rise in employment opportunities due to commercial and industrial activities, and due to that, income level increases, which reflects increased sales of residential properties. Fate of new residential projects still remains to be seen in the forthcoming years. Noida and NCR real estate market is changing too fast and we will keep you ahead of the changing trends in Noida and NCR real estate market.

For more information on new residential or commercial project, kindly visit us at www.investorslobby.in.

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