Noida and Greater Noida are India’s industrial hub, has, lately, caught the fancy of buyers and real estate investors. The reasons are crystal clear to us. Any city that has adequate infrastructure, scope for realty development, and adequate resources, can become a real estate hotshot, and Noida Extension has all of them. Decades back, an average buyer would hardly think of buying a property in this city, but the situation has changed now. The city has witnessed an appreciable growth in new constructions, both commercial and residential. Prestigious developers have forayed with their ultra-modern projects. With the saturation state of Delhi and Greater Noida, the end-users as well as developers are finding themselves in blue. In such a scenario, Noida Extension has emerged as a good alternative market. Gaur City 4th Avenue Price / Gaur City 5th avenue Price / Gaur City 7th Avenue Price / Gaur Atulyam Price
Presence of both small and large-scale industries has remained the base for city’s economy, and today, it has become a plus factor for property in Noida Extension. Big industrial and commercial setups by leading companies like Tata consulting, HCL, Ericsson-Worldwide, Nagarro, Birlasoft Limited, NHPL, Adobe & Coforge, and many more have attracted the property -seekers. Pharmaceutical, computer software, and automobile industries contribute a lot to India’s overall GDP. In fact, Uttar Pradash ‘s half of GDP comes from Noida Extension and Greater Noida alone. The location of the city has also paved the way for real estate development. Being present on Noida – Greater Noida expressway, the city is accessible from both Delhi and Agra. Its proximity to Greater Noida has helped the commuters to seek employment opportunities here. It is located at a driving distance of 20 minutes from Greater Noida. The upcoming connectivity to Delhi Metro shall further reduce the distances. Noida Extension property is going to gained by its improving transportation services. In the case of prices too, Noida Extension has an edge over tier-I cities.
The rates are affordable, and at some of the colonies, one can hope to look for cheap flats. Though prices get appreciated quarter after quarter, Gaur City Resale Price booking, they are still lower than Delhi and Greater Noida, which are fighting with their property bubbles. There are a few negative points too as far as Noida Extension real estate is concerned. Some of its colonies lack in basic civic amenities like water, electricity, and sewage disposal. Greenfield Colony had been in news for its scarcity of drinking water recently. At some others, colonies are not very safe to live in. Before making a purchase, one should make a thorough inquiry into the things. Look for builder’s reputation, ownership papers, sanctioned water and electricity papers, and completion certificate from the developers.