Being close to the most sought after places in India, Noida and Greater Noida are often overshadowed and forgotten. While the real estate prices in Delhi have grown substantially, and the residential projects in Gurgaon are fast filling up, these cities remain slightly overlooked despite their lucrative qualities.
Here is why they should be the first place for you to consider living in.
Booming commercial hub
The connectivity to the national capital of the countries has attracted a lot of startups and PSUs. The cities have garnered attention as the country’s largest smartphone manufacturing hub as well as one of the biggest IT-BPO destinations in the country. With proposed construction for Jewar airport, the largest airport in Asia, Noida has attracted the attention of a lot of MNCs as well.
Major names in the business like Patanjali group, LG, Micromax, Lava International, and tech giant Intex have invested in the overlooked cities. This interest has created a lot of opportunities for high paying white-collar jobs. The flats for sale in Gurgaon will have a competition with the advancement of business hub in Noida and Greater Noida.
Connectivity and accessibility
Perhaps the most lucrative quality of Noida and Greater Noida is their convenient location. Placed just 30 minutes away from Central Delhi, Noida is now also equipped with its own metro corridors. Noida features three major roads namely, DND Flyway, Yamuna Expressway, and Noida-Greater Noida Expressway. Four other expressways are under construction which will run through the city.
While it is not directly connected to IGI Airport in Delhi, construction of the Jewar Airport in the city, supposedly the largest airport in Asia, offers more profitability to potential home-investors in the two cities.
In 2016, former Union Information and Electronics Minister Ravi Shankar Prasad announced the government’s plans to make “Noida and Greater Noida a Singapore like place”. Subsequently, in 2019, they were funded with infrastructure projects worth Rs 2,881 crore for the construction of elevated roads, underpass, and a new hospital building.
Noida stands as the 17th most clean place in the country as well as has major green belts promoting a healthier lifestyle for its citizens. It is also equipped with a good number of excellent schools, universities, hospitals, and green-parks. While the flats for sale in Gurgaon boast the infrastructure of the millennium city, residential projects in Noida and Greater Noida aren’t far behind either.
This robust infrastructure development will essentially lead to greater demand for real estate, thus making the properties in these cities very profitable.
Now that the great real estate opportunities of Noida and Greater Noida have been listed, it is time to look further than the residential projects in Gurgaon. Following is a list of worthwhile projects to look forward to.
Godrej Park Lane/Windsor
Nestled in the lush Golf-side filaments, in Sector 27, Greater Noida, this residential project opens doors to the health and wellness of nature. It infuses the necessities of a modern homeowner with the natural world and provides amenities like sky-high indulgences, exclusive 9 Hole Golf Course, sports arena, spa and salon, expansive master Golf Course Club House, Golf Course Practice Academy, amphitheater, marble games corner, music and classical dance classes, billiards, and snooker, Western music classes among other facilities.
It is located conveniently close to Pari Chowk as well as connected to railway stations, bus stops, and international airport.
Located in the PI locality of Greater Noida, these 1 and 2BHK flats, ranging from 710 sq. ft. to 1,450 sq. ft. enjoys the luxuries of all amenities required by the modern homeowner like a swimming pool, clubhouse, indoor games facility, cafeteria, rainwater harvesting, landscaped gardens, play area for children, gymnasium, and cafeteria.
This locality is best known for its connectivity to reputed schools and hospitals in Greater Noida like Father Angel School, Pragyan School, Kailash Hospital, and Dayal Hospital. It also boasts popular shopping malls in and around its vicinity.
Godrej Palm Retreat
In the greenest sector of Noida, Godrej Properties brings a residential project that is a perfect combination of green and luxury living. It has 3 expressways, a metro line, and the proposed Jewar Airport in its vicinity.
This project boasts the resort life indulgences and comes equipped with amenities like gymnasium, squash court, sky garden, and walkway.