Commercial Properties in Greater Noida are the Next buying Destination in the Realty Sector

With the proposed metro plan to be extended till Greater Noida, the interest of the property buyers has seen a shift with Greater Noida being on the top. As infrastructural development is a must for buyers looking for investment, the articles points out the perks of getting a property in Greater Noida. 

Areas like Noida Extension, Greater Noida and New Gurgaon are the new interests of the buyers looking for affordable residential and commercial properties. Yamuna Expressway a popular part of Greater Noida has alone seen many investors though with comparatively higher price range. Individuals who are unable to find ample housing in Delhi or Mumbai are looking for alternatives in tier I cities. Greater Noida has seen several new projects some of which are exclusively planned in the past few years. The city is undoubtedly improvising in every aspect that includes transportation and infrastructure as the major one. With so many projects coming in Greater Noida is going to witness a storm of development with educational institutions and good housing schemes. 

Greater Noida has evolved over time with busting construction activities that includes the much awaited metro line connectivity of the Dwarka – Noida City Center to go till pari Chowk. With the completion of this project as promised by 2021, one is sure to see a much developed Greater Noida that would be to the urban side. Some of the elements that are driving the home buying decisions in this area includes affordability and high rental yields. Most of the middle income group seeks such houses that offer good facilities and yet are well within the budget. The projects been introduced in his area are catering to such needs with some of the schemes to attract the buyers. Commercial property for sale in Greater Noida is also gaining speed because of the high return on investment. As the crowd is shifting in so are the companies willing to set up the offices with headquarters around this region. 

The development in the commercial sector in the region is attracting the IT, retail and hospitality sector and it has out shined the neighboring areas like Faridabad and Gurgaon. Commercial Property in Greater Noida has seen many educational institutes also coming in which is likely to grow as well. Planned development with green spaces and well-built roads are the essence of Greater Noida and is surely a hit with the property buyers. Organized flow of all the transactions and a thorough check on the money being invested in projects by the government has further boosted the confidence of the buyers. Real estate bill passed in the parliament stated several mandatory rules that are supposed to be followed by the builders and the violation of which can cause heavy compensations. Greater Noida has seen a larger number of projects and would set up a whole new living for the new buyers with projects handed over in time. Developers are also offering ready to move in properties for the commercial buyers that generally look for projects that take lesser time for hand over. Greater Noida is certainly a major investing prospect for the buyers looking for cost effective investment. 

 

The writer with an intricate knowledge of the real estate sector wants to get the knowledge to the interested players in the industry.