10 Reasons to Invest or Buy Property in Noida

By Investoxpert | 20 Sep 2023 | Real estate

Buy Properties in Noida as it has experienced the fastest growth since it provides first-rate residential apartments and residences in addition to some of the largest commercial complexes with MNCs from all over the world.

Due to the increase in high-paying white-collar jobs and endless opportunities offered by both Indian enterprises and MNCs, individuals and families from all over the world are relocating to Delhi/NCR.

An area of Uttar Pradesh known as Noida (New Okhla Industrial Development Authority), which is a component of the Delhi/NCR, is becoming well-known for its upscale residential and commercial projects. If you are considering investing in Delhi/NCR, Noida's outstanding job opportunities, stores, clubs, residential complexes, and easy access to the capital city would catch your eye.

A well-known planned community called the New Okhla Industrial Development Authority (NOIDA), widely known as the "electronic metropolis of India," is located in the Gautam Buddh Nagar district of Uttar Pradesh.

The property investment in Noida is receiving a lot of attention due to its well-developed industrial, IT, and technological investment. Thanks to investments made in both commercial and residential real estate by foreign and domestic developers in the 2000s, NOIDA, which was developed utilizing a private-led paradigm, became a hub for employment.

The city has drawn investors and purchasers as a result of these developers' efforts to build inexpensive homes, making many districts habitable and now posh enough for families to reside in. As a result of this achievement, a lot of families are currently residing in the city.

The Noida authority, which has grown into one of the wealthiest civic bodies in India, is now adeptly managing the infrastructure created for this burgeoning IT city.

Is Noida A Good Option For Property Investment?

Delhi/NCR has become India's fastest-growing region as a result of high-quality residential top projects in Noida, houses, significant commercial complexes, and the presence of MNCs from all over the world. Due to the increase in high-paying white-collar jobs and the endless opportunities offered by both Indian enterprises and MNCs, individuals and families from all over the world are relocating to Delhi and the NCR.

Why Invest At Property In Noida?

Noida is positioned to develop into a megalopolis in the near future given its proximity to the capital city and its appeal to numerous international firms.

The demand for property in Noida, Greater Noida, and Yamuna Expressway is rising as a result of the development of the Noida International Airport, a new airport being built in Jewar. The area is also home to the best home builders, who offer a variety of grandiose, opulent, and moderately priced housing developments to meet the interests of every investor.

Noida has the potential to be a top real estate location with guaranteed long-term returns given its infrastructure and lifestyle.

What Are The 10 Reasons to Invest Or Buy Property in Noida?

Noida, which is tucked away in a greenbelt, provides a more affordable way of life than Delhi or Gurgaon. Delhi, the capital of India, is congested and has the highest real estate costs. Gurgaon, another MNC hub and developing suburb, is pricier when compared to Noida.

In this blog let’s know about the major factors that make Noida’s property the most lucrative investing hub.

1.Enjoy Seamless Accessibility To And From Noida

As more people select the area to Buy Properties in Noida and establish a permanent residence there with their families, the government is working hard to strengthen Noida's connectivity to nearby cities, including Delhi, Gurgaon, Ghaziabad, and Faridabad.

Noida and Delhi are connected by the Delhi-Noida Direct Flyway. On the Delhi Metro's Blue line, which also stops at significant destinations including Rajiv Chowk, Rajouri Garden, Janakpuri, and Dwarka Mor before coming to an end at Dwarka Sector 21, are the stations of Noida Sector 52, Noida City Center, Botanical Garden, and Sector 16.

2.Metro Service And Connectivity

All of the properties in Noida are excellently connected by metro services. Transferring between locations is simple because to the sector 51 metro station on the Noida Metro Aqua line, which is close to the sector 52 metro station.

After going through the following Noida neighborhoods, the Noida Metro Aqua line links to Greater Noida: 50, 76, 101, 81, NSEZ, 83, 137, 142, 143, 144, 145, 146, 147, 148. With the metro, traveling from Noida to Gurgaon and Faridabad takes less than two hours.

3.Home to Employment Opportunities

Noida, a center for business, is home to several commercial structures from reputed builders. Prominent news networks, sizable MNCs, start-ups, and well-known Indian enterprises have offices in a number of commercial zones, including Film City, Sector City, Sector 62, Sector 15, Sector 16, Sector 125, etc. Furthermore, Noida has grown to become India's largest smartphone manufacturing facility and fourth-largest IT-BPO hub.

In Noida, you may find top IT companies like Tata Consultancy Services, Microsoft, NIIT Technologies, Adobe, Oracle, Infosys, and others.

Listing some of the well-known Indian companies that make it a bright location to buy property in Noida are The Times of India, DishTV India Ltd, Paytm, Jubilant Food Works, Everest Industries Ltd, Havells India Ltd, Info Edge India Ltd, etc.

4.Noida International Airport At Jewar

The largest airport in India, whose development will take more than 4,000 acres to complete in 2024, started in December 2018. The distance between Noida and the Noida International Airport, is only about 13 kilometres of drive away.

After the airport is completed, residents of Noida and Greater Noida won't have to travel to Indira Gandhi International Airport, which is around 44 kilometres away. This airport will be used for both domestic and foreign flight. Because property values are predicted to rise dramatically after the airport opens, now is the perfect time to invest in Noida real estate.

5.Shopping Centres And Malls in Noida

Noida's bustling local markets and upscale, modern malls provide a wide range of retail opportunities. Living in the finest residential properties which are nearby to such local marketplaces makes life blissful and blessed.

The Atta Market (sector 27), Brahmaputra Market (sector 29), Savitri Market (sector 18), and Indira Market (sector 27) offer reasonably priced apparel, accessories, footwear, home décor, etc. You can also splurge on some of the market's delectable alternatives to street food.

The Mall of India, The Great India Place, Gardens Galleria Mall, Wave Mall, Spice World Mall, Tulip Mall, Gaur City Mall, etc., among other facilities that have theatres, nightclubs, luxury restaurants, and premium goods (clothing, footwear, and gadgets) makes Noida more happening.

6.Noida's Top- Notch Educational Institutions

With the number of prestigious schools such as DPS Noida, Khaitan Public School, Kothari Public School, Global Indian International School (GIIS), G.D. Goenka Global School, Indus Valley Public School, etc., that provides quality education are located in Noida.

Amity University, Jaypee Institute of Information Technology, Noida International University, Maharishi University of Information Technology, and many other illustrious universities are located in Noida and are connected by the metro.

7.Best In Class Medical Facilities Nearby

As when you choose to buy properties in Noida, the biggest advantage is the presence of first-rate medical care in close proximity. Such as Jaypee Hospital, Apollo Hospital, IndoGulf Hospital & Diagnostics, SJM Hospital and IVF Centre, Kailash Hospital and Heart Institute, among many others.

8.Presence of Social Infrastructures And Attractions

Noida is only 44 and 32.8 kilometers from Buddh International F1 Circuit, Indira Gandhi International Airport, Pari Chowk, Ghaziabad Railway Station, and Nizamuddin Railway Station, respectively.

Noida is home to branches of many famous banks, including HDFC, Indian Bank, DCB Bank, ICICI Bank, Canara Bank, and Bank of India.

In several parks, including Rashtriya Dalit Prerna Sthal & Green Garden, Priyadarshini Park, Meghdootam Park, Mansarovar Park, Nithari Park, and Shahid Bhagat Singh Park, you may unwind and enjoy nature's beauty.

9.Smart City with Effective Planning

One of the cities with the highest population growth in India is Noida, which is renowned for its well-designed infrastructure, broad highways, open areas, and superior access to Delhi and other important towns in the National Capital Region (NCR).

Green places, eco-friendly transportation, and effective waste management are all emphasized. With a focus on lowering carbon emissions and protecting natural resources, Noida seeks to strike a balance between urbanization and environmental preservation.

By implementing cutting-edge technologies to enhance governance and public services, Noida hopes to become a smart city. To improve citizens' overall quality of life, the plan calls for e-governance, the development of digital infrastructure, and the use of smart transportation technologies.

10.Affordability Of Residential And Commercial Property in Noida

The building of top flats is on sale in Noida has been a top focus. By encouraging the construction of affordable dwellings for low- and middle-income populations, Master Plan 2031 maintains this priority. This action attempts to maintain housing accessibility for a large segment of the city's population.

Conclusion

For the reasons mentioned above, Noida is one of the most sought-after locations for both living and working. It is smart to buy best investment property in Noida today rather than waiting to make costly purchases in the future.

The urbanized city of Noida in the Indian state of Uttar Pradesh is part of the Delhi metropolitan area. Because of its expanding infrastructure, upcoming international airport, and affordably priced housing, Noida has emerged as one of the most sought-after locations. Numerous options in expanding municipalities have attracted home buyers and sped up their purchasing processes.

Central Noida is home to the majority of built-up neighbourhoods that are categorized as high-growth areas. Numerous well-known firms have their corporate offices in Noida, India's commercial centre. Additionally, Noida has developed into India's fourth-largest IT-BPO hub and the primary site for the manufacture of smartphones.

So, Buy Properties in Noida now!!!

Read also:- Why Noida is best for investment

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