New Okhla
Industrial Development Authority (Noida) is the largest industrial hub and one
of the major regions in National Capital Region (NCR). The city came into
existence in April, 1976 and today it is considered to be best place to live
and work due to exclusive amenities and superlative infrastructure. Though it
is an industrial area, with time and entry of leading realty developers, the
area has also gained popularity as a most suitable residential destination. A
number of builders like Purvanchal Group, Supertech, Mahagun and The 3C Company
have launched various residential and commercial projects in this area and have
offered ample choices to investors looking for property in Noida.
Proximity to
major cities like Delhi, Gurgaon, Ghaziabad, Greater Noida and Faridabad is one
of the factors behind rapid growth of this area. Noida is a well developed city
with assurance of unmatched connectivity and world-class infrastructure.
Further, metro extension and high-end residential and commercial property in
Noida has further witnessed a steep rise in property demand here. One can
easily connect to Delhi and other NCR areas via wide highway and expressways
such as Noida-Greater Noida (NGN) Expressway and Faridabad-Noida-Ghaziabad
(FNG) Expressway.
The Noida
development authority has also undertaken various infrastructural development
project to strengthen real estate development of the area. New Master Plan 2021
includes a number of facilities to cater to the residential and other
requirements of growing population in this area. Master Plan 2021 also focuses
on making it a green and pollution free place to live and for the same reason
provision has been made for green belts along Noida and Yamuna Expressway. The
development authority has also proposed around 40 educational institutions in
Noida, which will reinforce quality education and state-of-the-art social
infrastructure. New shopping malls, complexes and commercial spaces have also
been proposed here to boost retail segment. A number of developers have
launched commercial property in Noida such as Premia Corporate City 2.
One more reason
that brings home seekers and real estate investors to Noida is easy
availability of high-class and affordable properties. Residential property in
Noida is in high demand and to encash the situation many projects, townships
and group housing projects have been launched here. Some of these include
Airwil Green Avenue, Purvanchal Royal Park, Supertech Czar, and IITL Nimbus
Palm Village etc. With so many projects finding a suitable flats and apartments
in Noida is not difficult. One can easily get classy flats from 1BHK to 5BHK.
Projects here are designed as per the housing requirements of contemporary home
buyers.
The developers
also take care of lifestyle facilities in order to ensure that residents get
integrated living environment. Noida Real Estate Projects are equipped with
basic and lifestyle features such as uninterrupted water and power supply,
ample parking space, complete security and recreational choices.