The Three High-growth Markets Of Noida City

By Author: Vinay Kumar
Total Articles: 19
Comment this article

Noida has undergone massive industrialization and urbanization, making it one of the forerunner cities that have seen a spurt in real estate. Fueled with excellent infrastructure, steadily ameliorating connectivity, and relatively affordable rates, the city has garnered the attention of buyers and sellers equally well. The property market has been in upswing, with more buyers looking it as as affordable alternative markets in Delhi NCR. While the scope of realty market is not limited to a particular sector, there are some areas that have been earmarked as high-growth localities. Let's have a look over some of these:


1. Noida Extension: Developed to cater the housing needs of buyers from mid-income groups, Noida Extension carries ample scope for realty constructions. At present, a multitude of Noida properties projects have been launched here. A part of Greater Noida, the area is expected to get improvement in terms of its connectivity to cities like Gurgaon and Delhi. The proposed metro connectivity shall considerably reduce the commutation time. The emergence of some IT Parks has been another booster for its ...
... realty market. Apka Ghar by Supertech, Mahagun Mantra by Mahagun, Anjara Homes by Anjara are a few new projects that have been rolled out in Noida Extension.


2. Noida-Greater Noida Expressway: Another location where constructions of new properties in Noida is taking place at elephantine proportions is Noida-Greater Expressway. This six-laned highway connects Delhi to Greater Noida and is expected to be the next big thing for Noida's real estate. There have been plans to extend this expressway to International Airport, Taj Economic Zone. The average price per square feet rate for a multi-storey apartment during Jan-Mar, 2014 quarter stood at 5100/-, which is a rise of 5% q-o-q. Some prominent projects that have been launched are Jaypee Tiara Tower by Jaypee Greens, Sharanam by Eldeco, and Unitech Amber by Unitech.


3. Yamuna Expressway: Connecting Greater Noida to Agra, Yamuna Expressway is a 165 km, six-lane way. To be extended to 8 lanes, this Expressway is another high-growth localities of Noida. It is one of the most affordable areas to have come up in recent years. A 2 BHK flat here is available at a cheap price of 10-20 lakh. Investors are seeing it one of high-return localities in the city. A number of renowned builders have launched their projects along Yamuna Expressway.


To know more about price trends in Noida, search Indian real estate websites.


Makaan.com is one of the leading property sites India that connect buyers and sellers for property Noida extension. Search 2 BHK and 3 BHK Noida property across variable price rates, age and type of construction.