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Part of the NCR region, Noida (New Okhla Industrial Development Authority) is a meticulously planned city that has seen a swift rise in recent decades. Originally planned as an industrial township, it has over 163 sectors that now feature residential, warehousing, & commercial areas.
e city is strategically located, affording easy access to Delhi and Gurgaon A network of roads, highways, rail lines and metro lines ensure seamless inter and intra city connectivity A few major routes here are Delhi-Noida Direct Flyway, Yamuna Expressway, & Noida Aqua Line
The upcoming Jewar Airport, is primed to be one of the biggest airports in India and set to transform the future of Noida
The city is also home to numerous IT parks, manufacturing units, and power companies that offer good job opportunities The social infrastructure is reputed as well, with the finest education, healthcare, entertainment malls, and numerous green parks scattered across the city
Another factor that stands out is that the city offers more affordable housing options, when compared to Delhi and Gurgaon
This, along with a good quality of life has led to a rise in residential properties in Noida Investing in the right projects here could lead to good returns, especially after the completion of the Jewar Airport[ View More ]
About Mumbai Real Estate
As per a Knight Frank report, Noida contributed around 14% share in the residential sales of the NCR region in the 2nd half of 2022. This share is set to rise in the future with better government initiatives and the construction of the Jewar International Airport.
Furthermore, the residenti..
ntial demand is high in localities along the Noida-Greater Noida Expressway, as it offers good inter-city connectivity and access to numerous commercial parks Central Noida is another popular option for good housing As more IT parks open here, there could be a rise in appreciation in the rental rates here
Configuration-wise, the demand is high for mid-segment 2 and 3 BHK units
Buyers also tend to prefer ready-to-move-in flats in Noida, with carpet prices that range on average of 5000 to 7,500 per sqft
As per another report by Cushman & Wakefield, Noida saw one of the biggest property price hikes in 2022 amid micro-markets in popular cities
It saw a fabulous price rise of 22%, which includes properties in both the mid-segment and luxury sector Overall, this shows that the Noida real estate market has immense potential for home buyers today[ View More ]
Key Feature About Mumbai
A well-planned city, Noida features wide roads and lush green parks.
This city has affordable property prices as compared to Gurgaon & Delhi.
Sectors 50, 62, 74, 78, 79, 137, & 150 are some of the top residential areas in Noida.
Stamp Duty charges in Noida is 7% for men, while it is 7% with a concession of ₹10,000/- for women
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