Noida has emerged as a serious destination for home consumers over the previous few years. Noida and bigger Noida, alongside Yamuna highway and Noida Extension, give cheap alternatives to social class consumers within the metropolis region. Average home costs in these regions square measure considerably under in Gurgaon, that is related to high-end flats.
- Plot versus housing: you’ll be able to obtain a plot for the worth of Associate in nursing apartment on the Yamuna highway that connects bigger Noida with Agra. The planet category highway provides quick access from Old Delhi. However, do not expect immediate capital appreciation as a result of theirs Associate in nursing oversupply of plots during this space. Plots close to the F1 track or within the integrated townships returning on the highway square measure higher choices.
- selecting a developer: comes being developed by Associate in Nursing unknown builder, or a primary time builder, square measure susceptible to execution delays. They be relatively low-cost, however might stay grounded forever. Samir Jasuja, chief officer of Prop Equity says consumers should pay alittle premium however accompany a supposed or branded developer United Nations agency can make sure the execution of the project despite the fact that it should still get delayed.
- Project specification: little might not perpetually be lovely. As buildings go taller, massive open areas become a necessity. seek for a project that’s connected a public park, or has larger common areas. there’ll be satiny low premium between a 25-acre and a 50-acre project to begin with, however with time comes with higher amenities command a much bigger premium.
- Absorption: Some areas just like the Yamuna highway and Noida Extension have massive inventories and absorption might still impede. Homes in square measureas with low absorption rate are less expensive, however square measure appropriate just for long run investors, United Nations agency have a timeframe of a minimum of 5-10 years. you ought to invest in such properties given that you’re Associate in Nursing user with no plans to dispose the property.
- Geographical factors: Noida and nice Noida have high groundwater level in contrast to Gurgaon wherever spring water isn’t on the market. Noida has higher accessibility to Old Delhi as compared to Gurgaon, that depends solely on the Jaipur road. However, each Noida and Gurgaon fall in seismal zone four, wherever the danger of earthquakes is pretty high.
As per end users of noida and Greater Noida Property market they suggest some good projects in Noida and Noida Extension like Superetech projects Noida :- Supertech North Eye, Supertech Capetown and Amrapali Projects:- Amrapali Aurum Towers, Amrapali Silicon City Etc.