Scope of Property Investment in Noida

NOIDA is an abbreviation of New Okhla Industrial Development Authority and comes under Uttar Pradesh Government and lies in the Gautama Buddha District. The city was formed in 1976 and has seen steady development since then. NOIDA comes under Delhi-NCR circle.

NOIDA by far is the cleanest city among Delhi –NCR cities and scores 17th position in the country. NOIDA is the home to many IT/ITeS outsourcing and off-shoring companies, major residential projects and an established commercial hub as well.

The proximity of NOIDA to The Capital City – Delhi through well constructed roads, bridges, flyovers and most importantly Delhi Metro is the reason of establishments of companies like Global Logic, EXL, Birlasoft, Impetus, ST Microelectronics, Mtron PTI, Fiserv, Adobe Systems, TCS, CSC, HCL, ATC Labs and more.

The Industrial, Commercial and Institutional Growth together are the reasons behind the growth in Real Estate Industry. The growth of NOIDA has affected the adjoining areas as well and this being the reason behind the development of NOIDA Extension, Greater NOIDA, NOIDA-Greater NOIDA Expressway and Yamuna Expressway.

NOIDA has three main Expressways:

• DND Flyway: It connects NOIDA and Delhi, runs across the river Yamuna, and receives heavy    patronage from office-goers in the city.
• Noida-Greater Noida Expressway: Six-Lane expressway connects Noida to Greater Noida and further extends to meet Yamuna Expressway.
• Yamuna Expressway: It connects Noida to Agra via Mathura. The area adjacent to the NGN Expressway has seen heavy residential development in recent years.

Some of the well renowned builders that are coming up with their projects in NOIDA are listed below:

• Sunworld Group
• Logix Group
• Jaypee
• Shubhkamna Advert
• Eldeco
• Omaxe and many more

NOIDA has seen the maximum growth as compared to other NCR cities and still has scope for more! 

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