Noida or New Okhla Industrial Development Authority is one of the most posh residential and commercial property addresses in the entire NCR . Noida Property market has registered most rapid and thereby steepest growth curve. The demand for both residential and commercial properties in Noida has increased tremendously forcing the builders in Delhi NCR to focus primarily on projects catering to this rising demand.
Real estate properties in Noida is such a high potential market that there has been record property investments in Noida real estate market . The appreciation in property prices in Noida in 30% annually thereby earning large capital returns for the investors.
Residential Property in Noida
The prime areas for residential property in Noida consisting of plots, independent houses, luxury villas, condos, penthouses etc. and group housing apartments & flats include Sector 14, 15, 27, 28, 29, 37 and 44. Leading builders in India have announced some of their most ambitious projects in the entire NCR region to be developed in Noida. The most prominent among these include:
Noida has become a modern-day hub for all leading Corporate Houses, IT & ITES industries and BPO sector in India. The infrastructure facilities developed by Noida Authority provide a strong base for these industries to flourish smoothly. The major IT hubs in Noida are Sector 29, 57, 58, 59 and 60.
These corporate office complexes and business markets are located in close proximity to the retail hubs sector 18 and sector 38 - A of Noida. Most of the shopping malls, retail shops and high street shopping zones are situated in Sector 18 and 38-A forming the highest hierarchal level in terms of property rates in Noida. With Noida Software Technology Park, Infotech Park, Noida Export Processing Zone and upcoming Biotechnology Park, Noida property market is nothing less than a goldmine.
