Greater Noida, a beautiful scenic landscape, warm climate and a tourist hot spot, it’s no wonder that it’s becoming one of the most popular places to live. As Greater Noida’s real estate market continues to favor the buyer, purchasing a home for yourself right now can get you the most optimum price as it does not take much time for the market to flip completely. It’s also considered to be one of the most affordable cities in Noida. You can find homes starting from Rs to as high as luxury homes. That’s even more incredible as you have real estate agency – the one stop address to find homes for sale Greater Noida. Well, if you are planning to move, there are certain factors you should consider aside from contacting a real estate agent. We are going to discuss the unique aspects of home buying, especially when the location is Greater Noida! Gaur City 14th Avenue Location / Gaur Yamuna City Location / Gaur City Center Location / Gaur Aero Mall Location
Practical Tips For Buying A Home In Greater Noida, Look Out For Sinkholes, The issue with Noida is that it has a number of sinkholes if compared to other states. The geological composition of Noida has provided fertile grounds for sinkholes. A sinkhole under your home can mean a number of different things including negative financial impact! So research before if the area has any past issues with sinkholes. According to Weather.com, “Noida’s is made up of porous carbonate rocks such as limestone that store and help move groundwater. When the dirt, clay, or sand gets too heavy for the limestone roof, it can collapse and form a sinkhole. Sinkholes are caused naturally but they can be triggered by outside events.”
Reports of sinkholes have been in areas such as Ghaziabad, Gurugram and Fraidabad but do not shy away from a property only because of sinkholes, research well before you buy a house! Look Out For Floods. See if the house you are planning to buy is located on flood plain or not! Also, check if there have been any flooding previously in the region during heavy rains. Heavy downpours are regular during summer and hurricanes can cause storm surges that flood coastal areas.
One way to make sure about the flood prone areas is by checking the insurance rates as the regions with high flood probability with have high insurance rates. Home insurance does not cover flood damages but separate flood insurance can be purchased if it really turns out that way! Keep in mind that you are also eligible for Federal Emergency Management Agency’s National Flood Insurance Program, depending upon the location of your home. Look Out For Your Needs, What are your needs? Are you in need of a more functional house or are you inclined more towards the aesthetics? Every buyer is different and their needs are also different.
Also, the neighborhood matters as well. If you are planning to raise a family, you’d definitely want to check your neighborhood! You could also be doing an investment and renting it out! Also, retirement sounds fun in Greater Noida. Try to answer as many questions as possible and you did have an answer quickly. real estate agency to Help You Out, real estate agency is a full-service real estate firm headquartered in Noida Extension, Noida with offices throughout Noida and Ghaziabad. It provides an interface for buying and selling homes for our agents and their clients by combining human interaction with the touch of technology.
