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Is It the Right Time To Invest In Noida Greater Noida Expressway

by Admin, 14 December 2023

Noida Greater Noida Expressway Real Estate: Hidden Gem

Noida and NoidaGreater Noida Expressway area is emerging as an epic canter of Delhi NCR real estate, particularly in the luxury residential, high-end retail, office space, and other commercial activity. A well-connected corridor in India’s National Capital Region (NCR), with its strategic location, excellent connectivity, robust infrastructure, and well-planned and rapid development, Noida – greater Expressway offers a host of advantages for investors to look for high-return real estate investment opportunities. Let’s look at the key factors that are driving the real estate boom on the first expressway of northern India.

Location, Connectivity, and well plan development

Noida-Greater Noida Expressway is a strategic link to connect Greater Noida, Noida, and South Delhi, in short, it brings the entire south and central Delhi to within 40 minutes’ drive distance, besides connecting Noida to other parts of the NCR. In the past, it helped in developing educational institutions, and entertainment centers seamlessly. The expressway is well connected by arterial roads and major landmarks, like IT/ ITES service sector and major business hubs. Close proximity to the Delhi-Mumbai Industrial Corridor (DMIC) further enhances the investment destination potential.

Employment Opportunities in IT/ ITES , Retail and Commercial Growth

Noida Greater Noida Expressway is already home to numerous multinational IT/ ITES companies, like, HCL, IBM, Infosys, TCS, Adobe, Oracle, Wipro, and many more, that led to the development and growth of several IT parks, and business centers. Besides IT/ ITES the corridor also houses several corporate offices, thus generating huge employment opportunities and attracting skilled professionals. Renowned educational institutions and research centers have initially contributed to the growth of this corridor. With a growing commercial landscape like high-end retail shops, office space, office suits, and other commercial Noida Expressway is also offering a thriving luxury residential real estate investment market.

Infrastructure Development and Urban Planning

Noida – New Okhala Industrial Development Authority has done good planning and implementation for Noida. The Expressway area is known for its modern infrastructure and well-planned urban development. Having excellent provision for residential developments, Retail shops, office space, IT/ Ites office space, and Studio apartments. The corridor has wide roads, good landscaped green spaces, and sufficient and efficient transportation systems.
For residential developments, It features a range of residential options, from high-rise apartments to luxurious villas, designed to provide a comfortable and convenient lifestyle. In addition, the new trends of luxury and super luxury residential development on the expressway and in and around Jaypee Wish town are prevalent.

Recreational Facilities, Entertainment & Lifestyle amenities

Noida Expressway has enough green spaces, sports complexes, shopping malls, Retail shops, restaurants, and theatres to fulfill the recreational requirements. On the other side, it has excellent hospitals nearby and is well connected to leading healthcare infrastructure in Noida and Delhi. Similarly, there are many very well-known schools for basic schooling and leading educational institutions, for higher education in the vicinity of the Noida- Greater Noida expressway.

Potential for High Returns and Appreciation

India's overall real estate market has witnessed a steady upturn in the last two years. Noida and Greater Noida Expressway is no exception to it, rather it has outpaced not only the national reality market but also the NCR market. There are many factors as explained above like its strategic location, rapid infrastructure development, and growing commercial market. As a result, investors can get better returns and appreciation of the assets.

Conclusion: Expressway of fast growth and great returns

No one can ignore the compelling opportunity for real estate investors, or owing an apartment, retail shop, office space driven by its strategic location, robust infrastructure, and thriving commercial landscape -Noida -Greater Noida Expressway will certainly cheer the investors or owners alike.
As investors or owning a property in residential, retail shops, office space, or commercial, it is of paramount importance to do due diligence before concluding a sale. By making informed investment decisions, like developer background, records, physical verification of the site, comparing other properties in the vicinity – features and prices, must compare super area to carpet area ratio, once these basics have been achieved now finally can look at leveraging the corridor’s growth potential and capitalize on the real estate opportunities available and secure a prosperous future.
 

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