Property buying trends in North India are focused on Noida, Greater Noida and Noida extension. This is because this singular location is engulfing some of the biggest markets of the region like Agra, Meerut, Aligarh, and Mathura etc. There is no doubt in the fact that assets in NCR are of golden value as the appreciation is on the way. Therefore buying property this way around will be quite beneficial for buyer’s and investor’s account.
Noida and Noida extension also known as greater Noida (west) are seeing the upcoming of many residential projects. From affordable to luxury ones, this area is catering to the need for all types of buyers sections including the middle class ones. Moreover young buyers who are seeing to settle up in this area because of the proximity to their office like this region where a luxury range of residential flats in Noida is available at reasonable prices. Due to heavy competition amongst the builders, each developer is trying in its own ways of luring the buyers through freebies and discount offers. Other than this, to attract buyers and investors, convenient and flexible payment plans are being devised. This is making them more positive about property buying especially in new residential projects in Noida where possession is reserved for a year or so.
Since commercial is a wide term, this category includes office space, retail spaces as well as industrial plots. For administrative centre type space, builders are coming up with the concept of studio apartments in Noida where they are designed as premium offices equipped with all modern facilities and amenities. Entertainment zones which are finding their way out in every mass size township, large condominiums are being planned up for retail shops. These spaces are being preferred by not only the domestic brands but also by international brands who are finding their way out in Indian Market which have vibrancy, demand and growth.
Other than this, Noida and Greater Noida are some of the strategic locations of NCR where some of the main hubs are quite well connected to this location. Whether its residential apartments or commercial property, the prices are going to be revised as circle rates will be appreciated soon by the authority due to increased compensation to the farmers. So if you are looking for greater benefits make sure that you made this investment just now as sooner is the better are the theory of buying property in NCR.