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Beyond Demonetization: Leverage The Benefits Of Investing In A Greater Noida Property
Investing in a Greater Noida property could be the ideal growth vehicle, despite tumultuous times in the present. This area , created under the up industrial development authority act and controlled &managed by GREATER NEW OKHLA INDUSTRIAL DEVELOPMENT AUTHORITY is nowadays considered to be the most modern and growing city of Uttar Pradesh. The difference in infrastructure, connectivity of metro, better electricity and water supply and above all schools places it favorably in case property investment is required. Greater Noida is a good investment option for those willing to hold properties long-term. It is advisable for investors to opt for projects by reputed builders, in areas where the civic and social infrastructure is either strong or is developing at a good pace. The Hemisphere ticks all the boxes when it comes to investment in property in the Greater Noida region.
As a major commercial hub for multinational companies outsourcing it services, healthcare services, BPO and a multitude of others, nationally and internationally famous big companies have their corporate offices in Greater Noida . The city is also well connected with Delhi and Gurgaon via Metro and travelling by road is also quite easy. Over the past decade, there has been a secure investment climate in this place, with an average of 15 percent return on investment. So, you can be assured of a good return on investment by putting your money on a real estate property in this area. As Greater Noida is a commercial hub for major corporate houses, the demand for both residential and commercial properties is high. In the last few years, there has been a huge appreciation in the Greater Noida properties due to rising demand for both residential and commercial units in this place. So, it can be assured that you will get appreciation in the future for your investment.
Not surprisingly, all the major developers including, Godrej Properties have marked their entry into Noida & Greater Noida by collaborating with NCR-based builder Lotus Greens to build a housing project on 36 acre land parcel in sector 150. Tata Housing in collaboration with the Lotus Group is set to make its foray into Noida & Greater Noida. Strong growth has been seen in the scale of operations in NCR as they look forward to building on this momentum. Apart from the home-buyers who are increasingly getting attracted towards, big business houses, start-ups and even PSU’s are building permanent base in Noida and Greater Noida, adding value to the region.
The home & office market in Noida and Greater Noida, is also gaining traction due to availability of quality office space at lower rentals compared to Delhi and Gurgaon and presence of excellent infrastructure. The incremental take up of office space is expected to boost demand for residential space in the sub-markets of Noida and Greater Noida.
Many corporate (MNC & National) are setting up their base in Noida And Greater Noida, which is adding to the employment generation in that region. Also, the availability of labour on the outskirts is attracting many manufacturing-based companies to set up their operations in this region. This is leading to the movement of people from the peripheral regions to the main region. Noida & Greater Noida, being a good affordable market, can cater to these demands; therefore, investing here can yield reasonable returns in the future. Proximity from the metro station, absorption rates, credible developers with a good track for completing projects will ensure that valuations of the property always rises.
Amidst the gloom in the real estate market, on account of demonetization and the consequent poor sales and high levels of unsold inventory, Greater Noida continues to outshine other neighboring markets in the National Capital Region (NCR). The Greater Noida market, which is closer to east Delhi and Noida, is divided primarily into two and affordability and availability of options make Greater Noida a preferred destination for property buyers.
When you choose to find a residence for your family-or as an investment, it has to be as comfortable and lavish in nature as possible. So, home in on Greater Noida, the youngest of smart cities in India- if you are searching for a luxury home !
It is almost 100 acres in its span with a 9-hole operational golf course included in it. The best part with The Hemisphere project in Greater Noida is that you rarely have to leave for enjoyment too far, unless you willfully plan it.
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