For those interested in buying property in the National Capital Region (NCR), Noida and Greater Noida are the most sought after areas adjoining east Delhi. Besides being the country’s biggest industrial outposts, Noida houses corporate offices of many IT giants like Abode and Dell, IBM, HCL, TCS, etc. and many power companies like Tata Power, Indian Oil, Reliance and NTPC thus also making it an employment center.
As of now, Noida property is divided into three areas. The first area comprises of sectors 74-79, 119 and 120. The biggest highlight of this area is its proximity to the Metro Rail. Also these sectors have many ready apartments awaiting possession, priced between Rs 4500 to Rs 5000 per square feet.
The second area is the region across Noida expressway, which is a six-lane highway of length 24.53 kms and built to keep the load off the crowded NH2. Inaugurated in 2002, it connects Delhi with the two suburbs of Noida and Greater Noida. The presence of residential projects, industrial houses and foreign setups on both sides of the expressway has created a demand for hotels, shopping malls, restaurants and departmental stores in the area. The area also boasts of a horde of educational institutions, high quality hospitals and a draping 18-hole golf course positioned alongside. Known as the “employment hub” of UP it has the International Business Park containing both the global giants as well as many small time industries.
The area has hassle free connectivity to large bus stands like Amity bus stand, to railways stations like Bodaki Railway Station and has easy access to South Delhi and Greater Noida.
Built at a cost of Rs 400 crore to divert traffic from NH 2 and easily approachable with extensive facilities for commercial, residential and institutional activities it attracts many prospective home buyers. The enormous development and boundless facelift is making this area hotspot for Commercial Project in Noida and Residential Projects in Noida .
The third area is the Greater Noida (West), famous as Noida Extension, which is a part of Greater Noida and the most encouraging affordable residential locality of NCR as around 3 lakh flats are being constructed in this area. Just 5 kms away from the Sector 121, Noida, it is a popular option of working class of Delhi and NCR as the property rates are comparatively lower. Thus there are always lots of options for new as well as resale properties in Noida. The fact that it houses many IT companies, top educational institutions, malls, reputed hospitals etc and its infrastructural development has led to a sharp rise in the property market. The region has undergone exceptional development and is surrounded by posh localities of Noida and Greater Noida, which are excellent commercial and residential localities. It connects to Greater Noida, Noida, Ghaziabad, and directly to NH-24. The IGI airport is about 25kms and Ghaziabad Railway Station is 6 km away from Noida Extension.
Residential Property in Noida
For those who are interested to buy residential property in Noida, Noida Extension has a booming real estate. The presence of software companies triggers the demand for middle income housing and it is known to be the forthcoming planned localities of NCR with a lot of hustle bustle in the residential property market. The future of this area seems to be very bright with lots of investors flocking to this place.
If we talk about the future of Noida property, then Noida Extension has the best infrastructural planning in NCR and the regions aims to be a self-sufficient both is terms of employment as well as providing excellent lifestyle to its residents. The recent legal developments have removed all the uncertainties and the project completion is happening at faster pace so that the buyers do not suffer further. Many developers have already started giving possessions to the buyers.
Having a mix of high class, affordable, independent luxurious villas and high rise residences, the area is very promising for prospective buyers to live in or to invest. Besides having basic necessities like roads, water and electricity it is nestled between green spaces for healthy and peaceful living. And the upcoming infrastructural boom like multi-level transport system, metro and other connectivity options will have a multiplier effect on the area.
Noida extension will be a future city in terms of not only the connectivity but price appreciation as well as everything is well planned with strategically located projects and best-in-class facilities. In comparison to other places, it is a reasonable hub for middle income group as it has been undergoing 100% appreciation in terms of connectivity, infrastructure and value for money scheme. The affordable prices of property are making it the most lucrative option for homebuyers as compared to Gurgaon.
Commercial Property in Noida
For assured return commercial property in Noida, the Beaver International Pvt Ltd is coming up with its latest commercial project in Sector 62, Noida known as The Iconic Corenthum. Setting new standards in the field of civilized and plush office spaces with commercial solutions this ready-to-move in project is well connected and is becoming hotpsot amongst BPO’s and IT companies. The glass entrance and the gracefully designed glass exterior adds to the brilliance of the building along with the classy architecture and interiors having best-in-class facilities. The project becomes truly exemplary with top notch facilities at reasonably priced office spaces.
Strategically located, it is 10 minutes’ drive from NH-24, Noida; 7 kms from Noida City Centre, Metro Station; 10 minutes from Akshardham; 18 minutes from Connaught place and has close proximity to Fortis hospital.
Some of the world class amenities provided are cool roof system for terraces, terrace restaurant, ATM and food courts inside, hi speed escalators, challenging business environment, sky deck at top level, private parking and an auditorium for 60 people. To relax your tiring muscles it houses a club house with latest facilities, golf course and a squash court.
On the offer are Commercial spaces of configurations 200 sq ft to 2330 sq ft, having a price tag of Rs 8,250 per sq ft. The key specifications are insulated glass to keep harmful UV rays away, high speed elevators, plug and play offices, solar architecture concept design and double roof entrance with elegant lift lobbies.
The Iconic Corenthum offers many easy and flexible payment plans like Down Payment Plan (DPP), Time Liked Payment plan (TLPP), Flexi Payment plan (FPP), Shared Space Payment plan (SSPP) and Construction Linked Installment plan (CLIP). The booking amount of Rs 200,000 assures you return worth 9%, 11% and 12% annually. Rest installments can be paid as per the payment plan chosen. The booking for CLIP is 10% of BSP and rest as it is.
Influenced by latest smart building concepts along with plantations and green spaces of true Japanese nature, the Iconic Corenthum will definitely fly away your Monday blues stimulating productivity and high energy levels.
Noida Real estate with continuously expanding portfolio that include Commercial Property In Noida Extension offer opportunities for most gainful investment in NCR. As the scope of development increases in the area, property prices have risen to 21 per cent over the past year. Price rise here has been far more impressive than other part of the National Capital Region. Buyers and investors have plenty to choose from the expanding portfolio catering to all verticals of the market like commercial, residential and hospitality.
Increased office space absorption in turn push demand for residential units. According to market analysts, state of art residences with good connectivity and affordable price tag will continue to drive property for sale in Noida. Investors who are looking for profitable opportunities in NCR can find Commercial Property For Sale In Noida as an good option.