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Gurugram and Noida: Realty Hot Spots for Buying Residential Properties

In the last 10 years, the realty map of Delhi-NCR has transformed greatly. With scarcity of land in Delhi and exorbitant land prices, people are turning towards nearby cities like Gurugram and Noida to own their dream abode. It goes without saying that both the cities are well-planned and score high on infrastructural development. Even Gurugram and Noida are fast emerging as well-established business and leisure hubs owing to the presence of corporate offices of several MNC’s and shopping complexes. Good network of roads, thriving social infrastructure and affordable land prices are few factors which are drawing the attention of end users looking for quality residential projects in Noida and Gurugram.

Both the locations offer myriad options for investors looking for ready-to-move-in, under construction and near-to-completion inventory. Let’s take a closer look at some of the most sought-after destinations in these twin cities for buying dream abode.

Gurugram

Golf-course Extension Road and Southern Peripheral Road are two thriving locations for residential properties in Gurugram. Excellent metro connectivity, fast developing commercial spaces and seamless connectivity with key employment centers are key drives for emergence of the location as one of the best addresses in Gurugram to own dream house at affordable rates. In the last few years, several developers like Godrej Group, etc., have shown the interest in these locations and are planning to come up with both affordable and premium housing projects. New Gurugram is another location which is fast emerging as a residential hub of Gurugram with promising rise in property prices in the next 5 years. Godrej Meridien, Godrej Aria, etc., are few projects worth to consider while buying residential properties in Gurgaon.

Noida

Sector-150 is regarded as one of the prime locations to own a 2 or 3 BHK unit at reasonable budget. Strategically located, the area is well-connected with Delhi, Ghaziabad and Faridabad with FNG Expressways and DND Flyover. Moreover, business and entertainment hubs are easy to reach with well-planned metro network. Presence of excellent social and civic amenities and several residential societies in vicinity makes investing in sector-150, Noida as one of the best property decisions. Reputed builder like Godrej Group is coming up with premium residential projects like Godrej Nurture, Godrej Solitaire Nest in Noida, sector-150. Mostly, projects are under-construction and are expected to offer possession by 2021.

Noida Extension also known as Greater Noida West is touted as another promising location for owning a residential property. Existing metro network, well-connected with Noida-Greater and FNG Expressway, availability of premier educational and healthcare institutions in the vicinity, well-planned network of road, etc., are few factors increasing the popularity of the place as a most sought-after residential hub of Delhi-NCR.

So, if you really want to residential property market of Delhi-NCR, go ahead with aforementioned locations in Noida and Gurugram. For gaining any kind of property related assistance, speak to professionals of Investoxpert.

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