Noida or New Okhla Industrial Development Authority has been strategically planned in such a way that it is well connected with every part of the NCR or the National Capital Region of India, either via road or the metro rail. It is a part of the NCR which has been planned according to the demands of the people and has numerous industries, entertainment junctions, and residential complexes. Due to its large network of amenities and plush living standard, people are inclined towards this city. Investors and developers are also spending a huge amount in the real estate projects in Noida to meet the demands of the people.
Large Network of Roadways and Metro Rails
Along with the sumptuous living standard, the city is very well planned with wide roads and expressways, which provides an additional benefit to the people staying there. The green spaces and good traffic management also add to the perks of staying in Noida. When accessing the road, the DND flyway or Delhi Noida Direct Flyway enables the people of Noida to reach South Delhi within a few minutes. And when people access the metro rail, Noida is connected to each and every part of Delhi along with Gurgaon and Faridabad. To add to the wonderful roadway connection, a 205 km long Yamuna Expressway makes the various places like Greater Noida, Agra, and other adjacent places come closer to it.
Below figure shows the top sectors of Dwarka Expressway to invest in 2017:
Plush Living on the Lap of Greenery
The residential properties, which the people of Noida prefer are in the form of plots, bungalows, condos, penthouses, single housing units, flats, residential complexes, etc. Various reputed and well-known professional builders have already launched their projects in Noida and much more have declared to establish their projects. The speciality of the residential complexes of Noida is that it is being constructed in conjugation with the environment and greenery. Latest technologies that will resist the natural calamities like earthquake have been instated in the buildings for an effective disaster management.
Amenities of the Residential Complexes
The 3 BHK apartments in Noida have been in great demand, as it fulfils all the requirements of a nuclear family. It is an accommodation that can be afforded both by the middle-income group a well as the high-income group. The residential complexes are built with 24-hour power backup, swimming pools, gymnasium, Children Park, jogger’s park, secured parking spaces, community halls, yoga and meditation centre, etc. Along with these facilities, other amenities like various schools, colleges, fitness clubs, and stadiums are built in the vicinity so that it can be accessed with ease.
Price Hike Trend in Noida
Noida has witnessed a steep increase in the price of the residential projects along with the demand. The best in the market comes with higher prices. The demand for the real estate projects in Noida has increased to such an extent that developers are not able to fulfil them. This has promoted the hike in the price as well. The prices are consistently increasing and the developers are expecting to see better technologies with a huge price leap in the coming years.