Investing in Residential Spaces in Noida
In the last decade, Noida has seen an unprecedented growth. The population of the city is increasing every year with more and more people relocating to the city. As the population increases, the demand for real estate in Noida has seen a boom.
The real estate market in the city has grown at a very fast pace and is still growing at a good rate. Several factors such as good infrastructure,
connectivity, transport and facilities provided by builders, have prompted growth in Noida. It is a cheaper cousin of New Delhi where even though the residential rates are lesser than the city, the quality of living remains good. Earlier, the city was only seen as an extension for Delhi. However, over the years, it has grown into a city in its own. Many companies have established their presence in Noida.For investment in real estate, Noida remains a hot spot. Already made investments are giving good returns and have encouraged people to invest in the city. There are many residential projects upcoming and planned in the city that still offers investment opportunities. While hunting for a good residential property Noida, you must ensure that you look for a builder of repute, a good location and the facilities provided by the builder.A good builder generally provides facilities such as gymnasiums, community centres, shopping complex, play schools and parks within the residential colony. Investing in residential property Noida is one of the safest real estate investments in the country.For residential spaces, sectors 14, 26, 27, 28, 29 and 37 are the best within Noida for investment. Other upcoming areas are Noida extension and Greater Noida region. A number projects have been planned in this area and the property rates are going up very fast. Some of the reputed projects in the area are Jaypee's township, Wave City Center, Unitech's project, Omaxe's Forest Spa and Grand Woods, gaur Grandeur, Omaxe Twin Towers, Eldeco's Utopia and Aamantran and Assotech's Celeste Towers.These projects offer opportunities ranging from studio apartment to four BHK flats. For investment purposes, small apartments are also good options. They are easy to maintain and fetch good rent. Besides, it is easy to find tenants for these apartments in Noida. One can find many options for such apartments in Noida. Besides, the rate if also competitive as many real estate developers are present in the real estate market of Noida.
