An Overview of Noida Real Estate Segment

Noida has been one of the most highly sought out real estate market segments in the Delhi NCR region. Owing to its good urban infrastructure, affordable pricing with plenty of projects across all genres, the real estate segment of Noida has been on a constant upswing. Noida is home to a large number of multinational corporations and IT giants making it a lucrative destination for young professionals preferring an upscale urban living at affordable prices. Close proximity to the national capital of New Delhi and development works in the extended areas of greater Noida and Noida extension are also signs that Noida's real estate segment has come off age.

Noida and High Affordability: One of the biggest undercurrent in the success of Noida as a real estate segment has been a large number of affordable housing projects. Almost every big and medium sized real estate development company has tapped into the affordable housing segment in Noida at some point. While there are also the super elite villas and posh upscale modern affluent homes and duplex apartments, it has been the success of the medium section affordable residential apartments that has been the driving force making Noida one of the most sought out real estate destinations in north India.

Close Proximity to Delhi a Realty Boost: The close proximity to New Delhi has always been the biggest USP of Noida's real estate market. The opening up of the Noida Agra expressway and DND flyover over greater Noida has offered even better connectivity options for the residents. Most people prefer staying in Noida as real estate prices in New Delhi are exorbitant to say the least which are out of bounds for the majority of the working class population.

The Heart of Noida's Real Estate: While there are many real estate projects currently underway in various parts of Noida, sector 18 is by and large considered to be the vibrant soul of the city. While sector 18 is a predominantly a market area bustling with activity, users prefer to stay in close proximity to the area.

Noida the Road Ahead: The successful opening of the Agra Yamuna Expressway and Delhi Metro's extension to greater Noida along with a proposed international airport, Noida has far more chances to develop into a world class satellite city of New Delhi attracting good number of buyers as well as investors. Real estate experts are optimistic that Noida is going to offer substantial growth in the current year as all old roadblocks of land acquisitions and sluggish economy hampering buyers are not slowly easing out for good.

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