The Residential Projects in Noida Extension have promised an immense potential where number of investors are investing their capitals for both personal and professional benefits of this place as the plots are quite affordable. The main reason for gaining popularity for the Noida Extension Property
is that this place may be the next IT destination. The main sector that is related to the residential areas are located near the highway and the Golf Course. The size of the plots in the Chi-Phi sector in Swarn Nagri Taj, sector of Sigma Eta, and highway extends from 200 to 1000 sq ft.
Other residential places that are popular for Noida Extension Property are Parasnath Platinum, Jalvayu Vihar, and Swarn Nagri. The lands for the industrial purposes come in sizes between 450 to 4000 sq m. Unitech, OMAXE, Eldeco and Uppal Chadha are some of the famous developers who are well known for their work in Noida Extension projects and are surely going to be better in terms of facilities, space, and the budget.
NCR Planning Board who approved the revised Master Plan 2021 of Greater Noida, the Residential Projects in Noida Extension have become costlier in anticipation of the resumption of construction. A couple of years ago before the land acquisition the average residential rates in Noida Extension were in the range of Rs 1,800 to 2,000 per square feet, with the current average rate at Rs 2,800-3,200 per square feet.
According to Ashok Gupta, the managing director of Ajnara India Ltd, states that The recent developments are a positive sign as the buyers are relieved lot as the construction work in Properties in Noida Extension is set to resume soon. According to R K Arora, the chairman and managing director of Supertech Ltd states that the construction for the Noida Extension Projects are gearing up to resume construction. Any change in price will be based on the increase in construction cost and the burden passed by GNIDA. Nearly 2.5 lakh house are under construction in Noida Extension, while nearly 1.5 lakh are already sold.
According to the director of the Gulshan Homz who stated that Noida Extension projects will prove to be a tough contender to other localities in the NCR region especially in terms of pricing and location. Some of the well known Noida Extension Projects are Amrapali La Residentia, Leisure Valley, Antriksh Golf Link in Sector 1, Supertech Eco Village, Mahagun Mywoods, Centurion Valley, and Golf Homes, Gaursons’ Gaur City, Ajnara Ajnara Homes and Le Garden, Gulshan I Homz etc that ranges from Rs 1,400 per sq ft onwards.
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