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Property in Noida Scaling New Heights

Posted On : Aug-19-2011 | seen (688) times | Article Word Count : 597 |

The last decade saw a major boom in the real estate sector in India and especially in the urban areas. The business flourished in Noida during these years at an unparalleled pace owing primarily to its pollution free and peaceful surroundings, Infrastructure, well developed markets, planned expansion and development.
Three most important factors to be considered while making a decision to purchase a property in Noida are location, location and location. The strategic location of this well planned city makes it a grab for investors looking to own a property here. Several advantages make this place worthy of huge investments. Its proximity to the National Capital of India, that is Delhi, its connectivity to all major places of the country are few perks of buying property here. It is connected to the nearby areas or NCR region through road, rail and metro which attracts buyers to make a decision regarding purchasing property in Noida.

A tier II city, Noida has many features that make it very alluring to investors. Matching global standards, there are many happening malls here besides numerous parks, underpasses, broad roads and excellent traffic management. All these features force potential buyers to think about this place as their investment destination. The place is easily accessible and many people choose to stay in Noida and commute to NCR cities for their jobs. It is a well planned city and there are so many well managed parks here. This imparts lush greenery thereby giving a sense of peace and calm to the people living here. Potential buyers are also overwhelmed with the open spaces and greenery all around.

To buy commercial property in Noida, people are choosing this city as well besides making it a choice for their residence as well. A number of commercial places have come up in past few years. An exceptional growth has been registered in past couple of years and this has resulted in an increase in the prices of real estate in Noida whether residential or commercial. In the residential sectors of Noida, a phenomenal demand is being forecasted. Unitech, Amrapali, Mahagun, Omaxe, Jaypee Greens, etc are some of the best property builders in Noida that are trying to match the demands of dwelling units here.

It is high time that people planning to purchase property make a quick decision due to the increase in prices of property in Noida. A clear boom is going on in this sector and the prices have almost doubled. In order to gain high returns, many prospective buyers have set their eyes on Noida as a potential city for buying property.

Noida is progressing with a pace that is unmatched and unparallel ever since the industrial boom entered this city. The demand for residential as well as commercial property in Noida is also increasing. To cater to this demand housing development of all kinds such as flats, residential complexes, independent houses, apartments, villas, etc are being constructed in full swing. A boom in the market is further predicted as residential buildings are swiftly being constructed. Rs 5,500 crores are being invested by Unitech, which is a world renowned builder on a residential project that is believed to be a jewel in the property sector of Noida. A wide range of facilities like a 200 bedded hospital, golf course, a sports complex, convention centers and clubs are being offered.

An indication about the trend of the property market in the forthcoming years is given by the Noida property news as well. All eyes are glued to this market since the city has registered gigantic growth in the last few years. The facts mentioned above easily reconfirms that Noida is on the verge of becoming a hot property sector. The soaring rate of property in Noida beckons people to take a fast decision at the right time.

Article Source : http://www.articleseen.com/Article_Property in Noida Scaling New Heights_74972.aspx

Author Resource :
Gurleen Kaur writes on behalf of 99acres.com, which is an internet portal dedicated to meet every aspect of the consumers needs in the real estate industry. It is a forum where buyers, sellers and brokers can exchange info. 99 acres covers buy and rent information of land, apartments and plots for almost all major locations like greater noida property and many more.

Keywords : Property in Noida, Noida Property, Greater Noida Property, Apartments, Flats, Rent, Home, Land, Buy, Sale,

Category : Business : Sales

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