Noida Extension is being one of the sought-after real estate spots for past few years. The development and evolution of the region over the years cannot be ignored. The region just cannot seem to stop growing and future prospects and upgraded living options have given good reasons to the investors to invest in Noida Extension projects in order to reap the solid fruits out of their investment seeds. Not to mention, the amenities and facilities like metro connectivities and connectivity to DND and National Highway (NH 24) are adding values to this part of NCR (National Capital Region) making it a perfect destination for residential as well as commercial setups.
Here are 7 benefits an investor can draw by investing in Noida Extension projects –
Noida, Ghaziabad and Greater Noida Connectivity
The connectivity to major NCR areas viz. Noida, Greater Noida, and Ghaziabad is well-established. Each of the NCR is at 15-20 mins drive away. This gives one of the most profound reasons why people are buying properties in Noida Extension.
Noida Extension offers some good projects at quite affordable rates along with the ease of payment options. Since RERA (Real Estate (Regulation and Development) Act) is in force, the quality of the projects is also not-to-be-compromised. This means that the buyers will get quality residences to live in, at a fair price. The deal is surely the must-grab ones for the buyers as well as for the investors.
As mentioned above, the location is about to bring all possible connectivities in. The proposed metro at Knowledge Park V (Aqua Line) is most likely to run from this year which will connect Noida and Greater Noida at specific locations. This is a plus point for the buyers for booking a home in an area where connectivity is not an issue.
Reputed Realty Brands
Ajnara, Gaursons, JM Housing, Patel, Nirala, ABA Corp and Supertech are some of the reputed brands in the realty sector and have been delivering great projects in Delhi-NCR for years. Interests of these developers have been shifted to Noida Extension and a wide range of projects – both commercial and residential – are being offered by them.
Planned as a perfect residential hub, Noida Extension is all set to facilitate luxuries and necessities to enhance the living standard in this area. Roads as wide as 120 m, sector roads as broad as 60 m and parks covering large area add to the great planning of the Noida Ext. Easy access to schools, healthcare centres, restaurants and shopping complexes is yet another valuable point for investing in Noida Ext.
Right Time for Investment
Noida Extension will be carrying major parts of Affordable Housing units by 2022. However, before the latter plan, the authority had passed master plan 2031 wherein the homebuyers will get the grand opportunity to fulfill their dreams of owning a home of their own. Both the plans are the indications of good ROI (Return on Investment) for the investors looking for long-term benefits.
The water level is higher at Noida and Great Noida sides as compared with Gurgaon. In the latter area, one can find the scarcity of groundwater.
On the terms of lands, Noida is at an advantage of getting better access to the Capital. Gurgaon, on the other hand, can connect to Delhi via Jaipur Highway.