Ever since the
value of real estate in North India (especially the Delhi-NCR region) shot up
dramatically, property rates became too hot to handle for the middle-income
group buyers. Delhi's real estate market became fiercely competitive and soon
the region became choked up with projects spilling all over the place. Projects
by reputed builders were either too expensive or got booked sooner than one
could ask €how much?' Gurgaon followed suit and soon filled itself with
apartments of all sizes and styles. There was only one catch though - the city
was too withdrawn and without much convenient travel options. Plus, property
rates were almost head-on with their counterparts in Delhi. Noida was the only
city adjoining Delhi that offered affordable properties and seamless transport
facilities too. But the best part was, being an emerging real estate market it
now had an extensive list of projects up for grabs.
Buying a piece
of property is one of the most widely followed investment practices in India
today. Going by the market trends, investing in an apartment could fetch you a
better ROI than any other investment scheme in the market. Property values have
been seen to go up by 50 percent or more within five years of investing on
them. That's a good enough reason for serious investors. And when you have the
opportunity to invest in a luxury living space at an affordable rate, wouldn't
you jump to it? You can choose from 2BHK, 3BHK and 4BHK luxury flats in Noida
by some of the leading developers in the country. According to the latest
reports, encouraged by the establishment of a new government and a stable
policy environment, real estate market in Noida is slated to grow by about 5-7
percent. So you could expect more projects to come up in the near future.
Noida extension
and Greater Noida are fast coming up as luxury living destinations in the NCR.
Factors like sprawling road network till as far as Agra, metro rail connectivity
and the availability of retail markets, top MNCs and leading education
institutes are the reasons behind this development. The metro rail link of 30
km that will connect Noida and Greater Noida with Delhi will be completed by
2017 and will also be a major reason for investors to buy property in Noida
extension. Moreover, the real estate market of Noida extension and Greater
Noida is still unexploited to a great extent, with lots of room for growth.
For those who
have always dreamt of owning a luxury apartment in the city, there couldn't be
a better place than Greater Noida now. Luring eager investors to this
developing city are a wide range of world class projects by the best builders,
which are nothing short of architectural delights. La Solara by Emenox is a
combination of the great engineering, fantastic landscape and new-age amenities
that is coming up in Greater Noida (West). At a price that's highly affordable
even for its own standard, it's basically a catch for eager buyers.