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Better Metro Connectivity To Boost Housing In Greater Noida-opens All Doors To The Magnificent Green
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Most of the affordable and mid-segment buyers are now open to buying an apartment in Greater Noida and travelling to other parts of Delhi-NCR once the Metro Rail is operational next year. Real estate analysts also highlight the fact that the areas closer to metro stations, are also offering incredible opportunities with the launch of premium and luxury houses-including the most prestigious of all – the Hemisphere. While proximity to transportation networks will raise home prices and rents in Noida, Noida Extension and Greater Noida, accessibility to offices and other parts of the National Capital Region of Delhi will also rise, making property in Noida a lucrative investment option.
The metro route that will extend from Wave City Centre Metro Station, connecting Sector 32 to Sector 64, and touching National Highway 24 up to the Ghaziabad border, has turned into a goldmine for property developments. Even the lifestyle choices in the region are changing, with malls and entertainment options emerging due to the metro connectivity. Metro rail connection between NOIDA and Greater NOIDA will result in people being assured about their connectivity, and thus more people will like to move to these satellite towns of Delhi, thus decongesting Delhi. As a result, more residential and commercial complexes will develop in this region. With metro rail in place, there will be less vehicular traffic on roads leading to less congestion, less time and cost of journey, less consumption of fossil fuel and less environmental pollution. People of Noida-Greater Noida, which has a population of approx. 7.50 Lakhs and people of surrounding areas will be benefited with this metro link.
The upcoming Noida-Greater Noida Metro line, will be the longest corridor of the region (30 kms). It will be an extension of two lines – the Dwarka Sector 21 to Noida City Centre line and the Noida Sector 32 to Sector 64 stretch. There will be 21 stations and one depot, with 6 stations falling under Greater Noida. All the stations will have platform screen doors that will run on solar power, while the depot will have rainwater harvesting facilities. The stretch is scheduled to be completed by March 2017.The construction of the metro rail, has already led to an increase in property prices along the stretch. Many leading developers have launched projects in the premium category, while developers from other markets are either entering the region through joint developments, or are in the process of purchasing land.
There is a strong focus on infrastructure development in the region, with the authorities concentrating on water, roads, transport and electricity. Soon there is likely to be a multiplier effect kicking-in, given the focus on developing the extensive metro line, the proposed multi-level transport system and other connectivity corridors that have been planned for the city. Such infrastructure development, will definitely impact property prices and take them higher. Metro connectivity in all real estate markets positively affects both residential and commercial stock as commuting gets easier and valuations improve. However, prices are likely to be less in saturated areas and more in new markets where habitation is yet to settle and connectivity expected to improve.
Getting infrastructure in place first also makes affordable housing successful as outskirts of cities get connected. The main objective is to connect Noida and Greater Noida and to do it in one shot. The 22-km Noida-Greater Noida Expressway is the road link between the two cities. A 30-km Metro stretch is now under construction that is expected to link Sectors 50, 75, 78, 79 and most sectors along the expressway with Greater Noida. Once the Metro is operational, this stretch will be a preferred corridor for live, work and play. It offers exciting residential options. Also, the housing supply expected to come up in these sectors will be staggered and will not come in at one go. This will ensure that consistent demand exists for the next few years.
The Hemisphere offers the epitome of fine luxury villa living in the City Centre of Greater NOIDA. Spanning over 100 acres, The Hemisphere not only offers the advantage of easily accessible location, but choicest living in private residences in an exclusive community encircling a 9-hole golf course embellished with splendorous lifestyle amenities.
Elevating living to the finest in world, The Hemisphere Golf Villas offer a transformed, tranquil lifestyle with 80% green cover amidst a green, panoramic golf view. The luxuries abound even as it is surrounded by the finest in amenities to complete your magnificent lifestyle. Every conceivable feature like multiple luxury clubs, a full- fledged sports complex, a wellness centre, banquet halls, orchards, hi tech cloud based security and more provide a million ways to experience the luxury living. These provide the perfect ambiance to the exquisite villas that are meticulously crafted and redefine elegance & class. Natural surroundings, traffic-free zone, well-manicured lawns with wide internal roads and an oxygen-rich atmosphere complement the opulent lifestyle. From an exclusive spa to performance at the amphitheater, the fine life is at hand in a million ways.
All these enviable living is now available nearly at the steps as Greater NOIDA gets seamless connectivity to Delhi and NCR. The upcoming Airport, Metro connectivity and multiple road links make it an eminent choice. The civil aviation ministry has already cleared a proposal for a second international airport at Jewar in Greater NOIDA and would be completed in 3-4 years. Apart from the Metro links, Greater NOIDA is already well connected to the Yamuna, NOIDA Expressway & Upcoming FNG & DMIC/Eastern Expressway. Whether it’s the Gautama Buddha University for education or Hotels like Radisson Blu & Crowne Plaza for entertainment-everything is within easy reach at The Hemisphere, even as one revels in the finest living!
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