With its metro extensions, expressways, wider highways and availability of land parcels, Greater Noida guarantees to be the rising residential destination within the National Capital Region (NCR). About 26.5 million sq ft of housing offer is projected to come back up in Noida.
The Taj Expressway, currently open to traffic, has brought in higher end-user demand for housing. When rising consistently for 3 years, the Greater Noida property market is stable currently. The times when costs doubled per annum are long gone. Costs are quite high and investors, several of them having created substantial gains, are heading for the exit. One more reason is that with property rates having risen quite high, investors are heading for different cheaper destinations, like the Nahar Paar space of Faridabad.
The larger Noida Authority is revamping the civic amenities and different infrastructural facilities. Abundant awaited comes just like the international airport at Jewar and 160-km long Noida-Agra Taj Expressway can facilitate within the fast-track growth of the larger Noida.
Level of occupancy in higher-end housing comes in Noida is recorded at around 20-30%, as for HNIs (High Networth Individuals) who get property in Noida is simply for the aim of investment. Furthermore, attributable to lack of basic civic amenities, the end-user phase isn't able to shift in these comes. One amongst vital factors answerable for the low occupancy in several of Greater Noida's sectors is that the absence of public transport. At the moment solely people who will afford personal vehicles live in larger Noida.
FeetNAcres Gurgaon, to keep with their thinking of enhancing your means of life with their premium housing comes, has attending to launch their new residential project in Gurgaon – spacious 2,3 & 4 BHK luxurious residences having distinct options and distinctive structural style within the fastest growing community of Sohna Road,DLF City Center,Faridabad, Delhi,Gurgaon and NCR.
Most builders are developing premium residential and retail comes in anticipation of the Noida-Greater Noida zone rising as an IT-ITES hub.