buying plots in greater noida
TRANSCRIPT
Buying plots in
greater Noida
New Okhla Industrial Development Industrial Development Authority or Noida in short is responsible for the management of the city of Noida which is within the National Capital Region of India.
Ranked best city in terms of housing in all of India by ABP news in 2015, it goes without saying that plots in Noida are in high demand among real estate businessmen. A major hub for multinational firms, the city is also rich in industries involving Energy and Power Utility companies. Rapid development in the past years have given Noida the status of a model city in UP.
Advantages of owning plots in
Noida:
The city of Noida is rapidly creating an impact in the economy of India and emerging as a financially powerful city. The scope of growing industries is particularly going to prove beneficiary for real estate investors if they choose to invest on plots in greater Noida or Noida.
Private housing has become a major demand in the city of Noida and hence the prices of plots are sky-high in these regions. Investing on land in a city within the boundaries of national Capital Region will prove particularly profitable since the demand will never go down and you are likely to get much more money out of your plot if you choose to sell it.
Living in Noida and greater Noida guarantee facilities of the capital city and immense scope in the IT and industrial sectors of the city. The majority of the skilled workers search for residents near their industries thus boosting the demand of residents in Noida.
Life in Noida:
The transport facilities connecting Noida to other parts of
India and to Delhi are excellent and includes Delhi metro, Noida-Greater Noida Expressway and Yamuna expressway. However there is no direct railway connection to the city but the nearby railways of Gaziabad and Anand Vihar can be easily reached by road.
The climatic condition is not the best with extremely dry and hot summers and equally cold winters. The problem of fogging is another issue that one can witness during the month of January in the city.
Recreational facilities of the city include the Okhla Bird Sanctuary and the botanical garden of the city.
However the villages of Noida still lack in basic facilities like post-offices and hospitals, though the city has progressed much.
In short, investments on plots in Noida are a thriving business due to the high demand particularly among those working in the multinational firms of Noida for residential purpose. The high demand in turn fuel the increasing price of the plots making them too expensive to be afforded by the middle class Indian. But if one already owns plots in Noida, it can prove to be equally a gold mine of business opportunities for the individual, courtesy to the never diminishing demand of plots in the city.
