Noida is an urbanized city in Uttar Pradesh that is part of the Delhi metropolitan area. Because of its constantly improving infrastructure, planned international airport, and affordable home prices, Noida has become one of the most sought-after residential hubs in the NCR following COVID-19. The availability of options in sparsely populated emerging areas has enticed home buyers and accelerated their purchases. The most significant advantage of relocating to a growing area is that prices are relatively low or the profit potential is critical due to infrastructure development. Numerous affluent neighborhoods in Noida offer various services and amenities to people of all ages, including families, professionals, and students. Noida has numerous parks, modern commercial centers and complexes, educational institutions, and healthcare organizations. If you want to live in a neighborhood with high investment potential and a significant presence of vegetation, Noida is the place to buy property.
The following are the reasons:
Noida’s Simplified Interconnectivity
The government is working hard to improve Noida’s connectivity to Delhi and neighboring NCR areas like Gurgaon, Faridabad, and Ghaziabad. Other cities are becoming more connected as more people look to buy a home in Noida and settle down.
The Delhi-Noida Direct Time-Saver Flyway provides excellent connectivity between Noida and Delhi. The Noida Electronic City signifies the start of the Delhi Metro’s blue line. Its coverage area includes stations such as Noida Sector 52 (Nasirpur Electronic City), Noida City Center (Nasirpur Electronic City), Botanical Garden (Nasirpur Electronic City), Sector-16, and Sector 21 in Dwarka. Furthermore, when traveling on the Aqua line, one can transfer from the Sector 52 metro station to the Noida Metro Aqua line’s station in Sector 51.
The metro Aqua line in Noida connects to the Greater Noida metro station via several Noida sectors, including 50 and 76, with NSEZ (81), 83, 137, 145, 146, 147, and 148. You can take the metro from Gurgaon to Faridabad in under two hours. Traveling by metro from Gurgaon to Faridabad takes less than two hours.
Noida Employer Concentration
Noida, India’s commercial capital, is home to several well-known commercial structures. Major news organizations, multinational corporations, start-ups, and established Indian businesses reside in several commercial districts in Delhi. Noida has India’s largest smartphone manufacturing facility and its fourth-largest IT-BPO hub. Some of Noida’s most prominent multinational corporations (MNCs) are Adobe Systems India and Rockwell Automation. Noida is also home to some of India’s most extensive IT infrastructures, including Tata Consultancy Services and NIIT Technologies, as well as Microsoft and other well-known names such as Oracle and Adobe.
Retail Trade Hubs in Noida
Noida has many different shopping options, including local markets and upscale shopping malls. Regional markets such as Atta, Brahmaputra, Savitri, Indira, and others sell a variety of clothes, accessories, footwear, home decor, and other items at low prices. Many street food alternatives are available for you to sample.
Many well-known shopping malls, including Gaur City Mall, the Mall of India, Wave Mall, The Great India Place, the Spice World Mall, Gardens Galleria Mall, and Tulip Mall, have movie theaters, fine dining restaurants, nightclubs, and high-end apparel, footwear, and gadget stores.
A planned and designed city with wide streets and trees
Numerous well-known schools, including DPS, Kothari Public School (GIIS), and GD Goenka Global School, as well as some of the best colleges in the country, including Amity University and Jaypee Institute, are located in the Noida metropolitan area. Numerous world-class medical institutions, including Apollo Healthcare and Jaypee Hospital, are located in Noida. Noida is also home to many branches of well-known financial institutions, including HDFC, Bank of India, ICICI Bank, and all the reputed names you can think of. You can unwind and recuperate in parks such as Rashtriya Dalit Prerna Sthal, Meghdootam Park, and Shahid Bhagat Singh Park, to name a few.
Jewar Airport is on its way to Noida.
The country’s largest airport (more than 4,000 acres) is currently under construction and will be open in 2024. Noida is only 13 kilometers off Gautam Bdh Nagar’s new Jewar Airport. Noida and Greater Noida residents will no longer have to travel to the 44-kilometer Indira Gandhi International Airport. When finished, the airport will be able to handle both domestic and International flights. As a result, now is the best time to purchase a home in Noida, as property values will likely skyrocket once the airport opens.
When is the best time to purchase a flat/apartment for sale in Noida?
Noida has seen rising real estate investment opportunities over the last decade. Noida has become one of the most sought-after property investment destinations due to its excellent infrastructure, connectivity, and rapid development.
If you want to buy a flat or an apartment in Noida, the best time to start is during the festive season. Developers offer various discounts, deals, and schemes to entice buyers at the time of year. Aside from that, property demand is high at this time, so you have a better chance of getting a good deal.
Noida’s Best Sector to Purchase a Flat for Sale
Noida is split into sectors, each with its specific features and amenities. Your needs and preferences will determine the best sector in Noida to purchase a flat. If you are looking for a prime location, next Sector 18 is a good option. This industry is well-known for its commercial establishments and shopping malls. Sector 137 is also a good option for those looking for low-cost housing.
You can also find perfect flats in sectors 78 and 150, the most popular areas to invest in Noida flats.
Propertywala can assist you in locating the best Noida flat for sale. You can search for flats using our platform based on your budget, location, preferences, and amenities.