New Okhla Industrial Development
Authority, NOIDA, one of the most developed cities in India. Number of offices
and malls has given a facelift to its residential space as well. There was a
time when this NCR was not considered as developed as other NCR i.e. Gurgaon.
With the upcoming new companies, malls and multiplexes, Noida is getting
unpredicted growth in the commercial field. Due to its closeness to the Delhi,
this capital region catches the interest of numerous corporate sectors to
invest in its commercial space.
At present Noida has become a
focal point for all pioneer Corporate Houses, IT & ITES industries and BPO
sectors. The infrastructure facilities developed by this city provide a strong
base for these industries to do well efficiently. Sector 29, 57, 58, 59 and 60
are the major IT hubs in this area. Sector 18 and 38-A is well known for their
shopping markets and for many banking firms like ICICI, HDFC and HSBC etc.
Whereas Sector 14, 15, 27, 28, 29, 37 and 44 are the main areas for residential
properties having luxury villas, penthouses, freehold property, etc and
apartments. Some of the Leading builders like Unitech, Gaur, Amrapali, Jaypee
Aman 3, Supertech, Eldeco, and Omaxe have announced some of their
ambitious projects in the entire NCR.
There has been record property
investment in Noida real estate market. There is near about 25% annually
earning large capital returns for the investors. By this, Noida has proved its
worth in the real estate market and now people residing in Delhi are shifting
to this NCR as therein they find cheap and best properties.
In Summary, Noida has lot to
offer to its residents and commercial property investors for leasing, buying or
selling. Also because of the improved connectivity through DND Flyway and the
coming of Metro, this capital region has surely become the most sought-after
commercial hub. So for better returns, invest in a property now in Noida.
