subject: Buying Property In Greater Noida - Mammoth Investment [print this page] In the past few couple of years the city of Greater Noida has been seen to witness a tremendous growth especially in terms of the commercial sectors. The commercial properties in the Greater Noida is growing rapidly due to the availability of the large commercial plots at a very affordable rates. This city is recognized as one of the most preferable location in terms of the Greater Noida real estate investment and hence is presently lining up with the trail of high end properties. Thus, in the last couple of years, both industrial as well as the commercial centres have contributed a lot to change the look of this grand city.
Due to the advancement in number of sections, as well as successful launch of the commercial segment, the Greater Noida real estate developer have been seen to be highly benefitted. As this city is highly planned, it is located around 30 minutes drive from Delhi and is having good connectivity through expressways. It will be considered to be one of the hottest destination in the near future. Some of the well known developers who have sniffed their business opportunity over here are are Unitech, Jaypee etc and has been seen to start building townships, apartments, independent houses as well as various comfortable dwelling units.
Along with the world class features, the Greater Noida real estate project are integrated townships thereby offering golf courses in their developments and is being constructed along Noida-Greater Noida Expressway. The residential properties in Greater Noida thereby offers resort like environment and hence is being designed with tree-lined streets, site-lighting, golfing fairways, pedestrian paths, golf-themed townships, medical centres and green-planted swales along the streets, etc. If you are truly interested to invest in the Greater Noida property then this is the perfect time to invest. According to the Master Plan-2031 of Noida allocates that clearly shows that more than 40 sectors along the expressway have been divided into four major zones where 24.5 and 3.5 km of the expressway comes under Greater Noida and the rest in Noida. All the projects over here are developed in a 3-5 km stretch along the expressway and involve high investment thereby targeting middle-class and limited-budget buyers.
The Greater Noida real estate is seen to be highly flourishing and this is due to the fact of the successful launch of the Yamuna Expressway and clearance of Noida Extension Projects. In the past 2-3 years the capital values of the commercial property have seen to be doubled with the appreciation increase in the Residential properties in Greater Noida in terms of both residential and commercial segments by an average of 12-15%. Omaxe Connaught Place is considered to be one of the amazing project launched by the Omaxe Limited and is considered to be the Asias biggest commercial business centre. Certain other Greater Noida property with the capital values of office space varying from Rs 4,000 to 8,000 per sq ft are Ecotech Cosmic Corporate Park, Knowledge Park etc and hence has made the city an upcoming commercial destinations.
by: Subhash sharma
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