Why Investing In Greater Noida Properties Is The Right Thing To Do Now?

Greater Noida is one of the most significantly suburban areas of Delhi NCR and is on the way to become a major growth hub, booting prospects of real estate, especially commercial real estate. 

The township right now measures around thirty-six thousand hectares but the government is planning to make it around ninth eight thousand hectares by increasing fifty-eight hectares from the agglomeration of 188 villages to it soon. 

Here is a look at why there will be a massive increase in return on investment from commercial real estate shortly in Greater Noida properties. 

Jewar Airport

The commercial real estate industry in Greater Noida will get a shot in the arm with the country's largest construction that is the airport at Jewar. This will a reason for the increased real estate prices in Greater Noida. Plenty of companies will like to shift here or have their operations here as of the proximity to the international airport. Around four thousand acres of land will be developed for the first phase of the airport and much more will be developed in the subsequent phases. This will have a great cascading effect on the prospects of commercial real estate in the vicinity including Greater Noida. 

Connectivity

Today the city of Greater Noida is witnessing amazing infrastructural development for improving the connectivity of the area. The Aqua line of the metro has connected Noida and Greater Noida and Delhi and that is a major enabler for the real estate here. With the passing time, the rentals are also increasing day by day in the existing stock of the commercial real estate and are expected to go up further, say property experts. The companies are showing more inclination now to shift to Greater Noida as the introduction of the metro here. 

Boosting the connectivity through the Eastern Peripheral Expressway that will link the Palwal with Kundli Sonepat to Greater Noida will provide new opportunities for Grade A commercial buildings and warehouses to come up here. A link road is in the works between Greater Noida and Ghaziabad. It will be around twenty-two kilometres in length and will connect the Zeta sector in Greater Noida with Vijay Nagar Bypass in Ghaziabad. 

Infrastructural Development

A mega rail terminal and a huge transportation hub are planned in Greater Noida. This will improve the employment opportunities in this area. There has also been a proposal for the Fast metro train project between Greater Noida and IGI airport. There are numerous infrastructural projects planned here in the city by the government. This will increase the prospects of commercial real estate as more companies will like to shift here as the experts say. 

Social Infrastructure

Greater Noida has already seen the development of some of the important social infrastructure and a lot more is coming up with time. It already has some of the renowned brands for schools like Amity University, DPS, Ramagya, Kothari Public School and a lot more. There are also plenty of malls and hospitals that are known for their amazing services. There will be more hotels and malls coming up in near future. 

The city of Greater Noida is very well planned and different companies like Lava International, LG, Micromax have huge investment plans here. As the government plans more infrastructure here and as more companies prefer this suburban part of Delhi city, it is just a matter of time before the commercial real estate starts to bloom here, according to the experts. 

Therefore choose to buy the best Greater Noida properties that suit your budget and preference. Make sure to do proper research about the property before you deal so that you do not end having fraud.