Reasons to Invest in Residential Properties of Noida

Being the prime city of the National Capital Region there is a wide range of residential properties in Noida. Both, including the professionals residing in the national capital city Delhi or other NCR cities along with the migrant professionals, demand for housing accommodation here in Noida. There are multiple factors responsible for the increase in demand for residential properties in Noida and this blog post discuss the same.  

Residential Property

 

1.      Growing Infrastructure        

Noida is a well-planned city and the infrastructural development like better road connectivity to the neighbouring cities like Greater Noida and Ghaziabad along with Gurugram and Faridabad made commutation easier like never before. Other than this, the extension of metro lines like DMRC’s blue line that now runs upto Electronic City Sector 62 from the Noida City Centre and the NMRC’s aqua line that connects Knowledge park 2, Sector 148, Sec 146, NSEZ upto several parts of Greater Noida made commutation easy.

The infrastructural growth has taken a giant leap in the past some time and the operational Noida-Greater Noida Expressway along with Yamuna Expressway are the example of the same.

2.      Better Growth Opportunities

All major IT companies like HCL, IBM and TCS have offices in Noida and thus the professionals prefer to buy a home in this city as the vehicular congestion leads to long travel time. Apart from this, the FNG i.e. Faridabad Noida Gurugram expressway and the Delhi-Meerut Expressway that are under-construction currently will improve traffic condition and thus several developers are planning to have residential projects in Noida.

3.      Affordable Property in Noida

 Another reason to buy residential properties in Noida is affordable cost.       Several sectors including 137, 143, 107, 104, 100 and 168 on Noida Expressway offer residential properties in Noida at an affordable cost. The developers are also forwarding the benefit of PMAY Scheme [Pradhan Mantri Aawas Yojna] to the beneficiaries and this makes buying of residential properties in Noida affordable.

4.      Better ROI

Buying residential properties in Noida is a wise decision and this is because of the well-planned infrastructural development on both sides of Noida expressway and availability of reputed educational institutions like Global International School, Amity International, Delhi Public bridge the path towards better educational facilities where the young brains can learn and explore. A person can yield better rental income from the residential properties in Noida as the strategic location, safe living environment, proximity to hospitals, banks, shopping arcades set the tone of a better lifestyle.

All these points make the home buyers prefer buying residential properties in Noida.