Investment In The Noida Real Estate Market

By Author: Avesh Tyagi
Total Articles: 2
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Amrapali Group has seen lots of changes in the real estate market in Noida. The property market has seen increased domination by people intent on purchasing residential properties and investors looking to capitalize on the industry's growth. Many major cities in Delhi Ncr have seen an upsurge in the number of persons seeking to invest in the property industry and hence the need to educate the public on what is necessary to successfully purchase a property in Noida.

Sector 76, like many other major cities in Noida, the property market is doing well. There exist real estate investment opportunities for foreign nationals as well as the locals whether it is for residential use, commercial use an investment.

Property Investment in Noida Sector 76

A large number of the Indian population lives in approximately 50 mile radius from Noida and the Delhi Ncr Border. Consequently, for real property investment purposes, the property lying within these bands and communities are more investment oriented and highly selling. These are the areas where investment is likely to do well although lots of funds are required to invest ...
... in the areas. These areas are representative of the largest growth both in real estate industry and commercial property development purposes in 2013 India.

In India, investment oriented parties should pay close attention to the commercial properties as they offer a decent investment. Noida like many other cities in India, being overdeveloped, is faced with a high demand for commercial building space more so in the central commerce locations. As a result, there exists little room for maneuver by investors in this area.

Consequently, for a person who is interested in property but has limited resources, the best option is to go for the residential buildings targeted for lease by holiday travelers and vacationers. This is due to the fact that tourism remains a major source of income in Noida, India and attracts huge investment returns. This is perhaps an area where people with little funds to invest can make money considering the huge capital requirements associated with commercial building investments.

Residential Property Investment

In case you do not yet own your own residential house property then it is time now to start investing in new residential house property so that you can have your dream house. The investment in residential property would also bring home for you special tax deduction under section one year and two years for interest payment on loan for residential property. The maximum deduction would be Rs.1,75,000 for interest payment. Besides, the repayment housing loan also would enjoy tax deduction under section 90C. It would be better to buy a house in the name of two or more family members so that each one can enjoy tax deduction. From tax angle it would not be worth just to buy a piece of land because no tax benefit is available only on land purchase.

In essence, people who buy residential property which can be leased by persons who are on vacation can benefit a lot from ownership of such property. In general, Noida just like many other parts of India has lots of room for investment. Nonetheless, it is important to make the right investment decision and this all starts by contacting a professional and experienced property manager.

ATN Infratech has one of the largest networks in the property business and owing to this very fact, we are able to our clients by offering them a multitude of options to choose from. If you want to buy Amrapali Princely Estate Noida or Princely Estate Sector 76 Noida in best property rates in Noida.