Thursday, 8 November 2012

Real Estate Greater Noida Growing Industry for Residential or Commercial

The real estate in Greater Noida are seen to have high impact due to the launch of Yamuna Expressway and clearance of Noida Extension Projects. According to sharma, who stated that the property values of both residential and commercial segments has been increased by an average of 12-15%. There are number of eminent developers who are known to launch enormous properties in Greater Noida. One of the developer, Omaxe Limited has successfully launched its upcoming projects ‘Omaxe Connaught Place’ in Greater Noida, which is known to be the Asia’s biggest commercial business centre. Other real estate properties in Greater Noida are Knowledge Park, Ecotech Cosmic Corporate Park etc. All these projects have made the city an upcoming commercial destination. All these projects include maximum facilities, all available under one roof. The capital values of office space that varies from Rs 4,000 to 8,000 per sq ft.


Sanjeev Seth from Cosmic Group stated that due to the availability of land in Greater Noida along with the reasonable price with growing infrastructure and good connectivity, the Real Estate Greater Noida is seen to be growing at highest pace. Certain areas along the 24.5 km-long Noida-Greater Noida Expressway are improving their facilities. Some of the important sectors that have seen to be highly developing are 94, 95, 96, 97, 100, 101, 107, 110, 142, 137, 143, and 168 along the expressway are having great scope for strong and sustained growth in all the real estate segments.

According to The Master Plan-2031 of Noida allocates, over 40 sectors along the expressway which have been divided into four major zones where 24.5km, 3.5km of the expressway falls under Greater Noida and the rest in Noida. Although most of the projects here involve high investment, targeting middle-class and limited-budget buyers and hence are developed in a 3-5km stretch along the expressway.

In terms of Real Estate in Greater Noida the projects along the Noida-Greater Noida Expressway are coming up with integrated townships that offer golf courses in their developments that offer golf courses in their developments apart from world-class features. This Residential Property in Greater Noida offers a resort like environment, designed with pedestrian paths, golfing fairways, tree-lined streets, cycle tracks, energy efficient educational, institutes, site-lighting, shopping facilities, e medical centres and green-planted swales along the streets, golf-themed townships etc. to be increasing and in order to meet this demand, number of developers have successfully.

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