With Aqua Line Metro corridor all set to start its operations for the commercial usage in next few days, the realty market of both Noida and Greater Noida will be going to see a steep jump in terms of property prices as well as residential launches in coming future. The 29.7 km Aqua line corridor will connect the twin cities of UP i.e. Noida and Greater Noida.
Noida is one of the largest planned industrial cities in Asia. Owing to the continuous development in the infrastructure sector, the city is considered as a preferred destination by major players of NCR real estate market. It was essentially a residential market but is gradually seeing a spur in the commercial market as well.
One of the prerequisites of meeting the burgeoning demand for residential and commercial real estate is to acquire land parcels. Since Delhi is already covered with developments up to the brim, many of the multinationals prefer Noida and Greater Noida for setting up their offices.
Noida has something for every budget. NH-24 and Yamuna Expressway are the upcoming localities and are comparatively affordable. Since development is still going on in and around the areas, the property value is expected to appreciate in near future. Whereas, for those who want to buy luxury homes, express highway and sector 150 are recommended as viable options. Some developers are also offering niche properties in Yamuna Expressway and Central Noida. [Read more…]