Real estate sector in India is currently growing at a very fast rate and tier- II cities are contributing extensively to this. Initially, bulk of real estate development was happening in Metros like Delhi, Mumbai, Kolkata or Chennai. Later on, when due to sustained and fast paced construction of residential and commercial properties in these cities, space for construction became scarce real estate developers shifted their focus to sub-urban areas surrounding these cities. In Delhi, developers shifted their focus to neighboring tier- II cities of Haryana and UP (Uttar Pradesh), cities like Noida, Greater Noida, Faridabad, Ghaziabad and Gurgaon. These cities are collectively called NCR (National capital region). All leading real estate builders and constructors started residential and commercial projects in NCR cities. Besides affordable housing projects offering 1, 2, 3 BHK flats, luxurious residential projects providing villas and penthouses were developed. Commercial projects like malls, multiplexes were also building. Modern complexes offering office and retail spaces, which were previously developed only in Delhi started coming up in these cities. Presently many large projects of leading developers are being built in these cities.
Greater Noida is a part of Gautam Budh Nagar of Uttar Pradesh and it is basically an extension of Noida. Among all NCR cities, large scale real estate development started first in Noida. When builders shifted their attention from Delhi to NCR cities for development of residential and commercial projects, first option exploited by them was Noida. Noida experienced extremely fast paced Real estate development which diversified to Gr Noida eventually. Gr Noida is currently seeing a surge in real estate development similar to other NCR cities. Many big housing projects, malls, office complexes, cineplexes, retail spaces are being planned for Gr Noida. Many projects by leading developers are at different stages of completion. Some of the important residential projects in Gr Noida are- New Rajneegandha Greens, Golf country, Green Avenue, Gaur Yamuna City Noida Antriksh valley, Amaira county, Safari Studio Apartments, Cypress court, Express park view- II and Castille-II. Gr Noida also boasts of numerous commercial projects like India Trade Centre and Aldeco Arcadia.
Rajput Properties and Developers Pvt. Ltd., a well known real estate company has launched a residential project, New Rajneegandha Greens at Noida extension, Gr Noida, Uttar Pradesh (UP). New Rajneegandha Greens, Noida extension offers 2 and 3 bedroom apartments with sizes ranging between 890 sq. ft. and 1990 sq. ft. at affordable prices. Supertech group has launched a new residential project, Golf country at Yamuna expressway, Gr Noida. Spread over 100 acres, this premium residential project in Gr Noida offers plots with sizes 100, 150 and 200 sq. yards at very reasonable prices. Supertech Group is also offering Safari studio apartments in Tower- H of Up Country residential project, a newly launched high rise residential project at Yamuna expressway, Gr Noida. These fully loaded studio apartments with size 495 sq.ft are being offered at very affordable prices. Great Value Infra Developers has launched a new residential project, Amaira County at Yamuna expressway, Gr Noida. This premium residential project in Gr Noida offers plots with sizes ranging from 180-1000 sq. yards at very reasonable prices.
Grand Aashiyana group has launched a new residential project, Green Avenue at Gr Noida. This premium residential project in Gr Noida offers 1, 2, 3 and 4 BHK apartments with fine floor plans. Apart from 2, 3 and 4 BHK apartments with sizes ranging between 995 sq.ft and 2350 sq.ft 1 BHK studio apartments with sizes 390 sq.ft, 490 sq.ft and 790 sq.ft are available here. Antriksh Group, a leading real estate developer, has launched a residential project, Antriksh Valley at Tech zone-IV, Noida Extension, Greater Noida. Antriksh Valley, Noida extension offers 1, 2, 3 and 4 BHK apartments with sizes ranging between 575 sq. ft. and 1890 sq. ft. with fine floor plans at affordable prices. Nimbus Projects Ltd has launched a gated residential project, Express Park view-II at CHI- V, Greater Noida. This premium residential project in Greater Noida offers 2, 3 and 4 BHK apartments with areas ranging between 984sq.ft and 2191sq.ft. at very affordable prices.
Jaypee group has launched a new residential project, Cypress Court at Jaypee greens, Greater Noida. This premium high rise residential project in Greater Noida is being developed within the precincts of Jaypee Greens, a 450 acre Golf-centric real estate development, integrating homes with golf course, landscaped emerald spaces, resort living and commercial developments. The Cypress Court project, Greater Noida offers 3, 4 and 5 BHK apartments with fine floor plans at reasonable prices. Sizes of the flats range between 2530 sq.ft and 4165 sq.ft Jaypee group has also launched another residential project, The Castille- II at Jaypee greens, Greater Noida. The Castille- II project of Greater Noida offers 3BHK and 4BHK apartments with sizes ranging between 2200sq.ft to 3000sq.ft at affordable prices.
Omaxe Group, a leading real estate developer in India, has launched, India Trade Centre, a premium commercial project at ALFA-II , Greater Noida. This commercial complex features ultramodern office and retail spaces. Serviced apartments are also available. Shops are available on Ground floor, First floor and Second Floor while office spaces are available at floors 3rd to 16th. Serviced apartments are also being offered at floors 3rd to 16th. Prices are quiet reasonable compared to other similar malls in NCR. Eldeco Group, a leading real estate developer in India, has launched, Eldeco Arcadia, a premium commercial complex at Sector Pi, Greater Noida. This commercial complex offers shops and offices spread over four levels- lower ground floor, upper ground floor, first floor and second floor.