5 Key Factors Driving Noida's Real Estate Market Growth

Noida is a thriving real estate market. It has everything to become the development hub of North India. It has multinational companies, thousands of small and medium businesses, amazing infrastructure, and a decent logistics network.

It has abundant job opportunities that make it a great place where the integration of jobs and accommodation will make it a priority to get investment. Today, we will assess the top five reasons that make Noida an amazing place for real estate investment.

Multinational Companies 

Noida is known for being the hub for multinational companies. It has famous companies such as Adobe, Microsoft, Vivo, Oppo, Tata, Mahindra and the list goes on. These multinational companies ensure lakhs of job opportunities. These companies also have lakhs of employees who contribute to the economic activities of Noida.

Now suppose, if you invest in flats in Noida, you will get superb rentals as the demand for accommodation is high in Noida. At the same time, the demand for retail shops is also at its peak to fill their needs for shopping, groceries, and other essential elements.

Apart from rental, the overall appreciation rate of Noida is about 20 to 30 percent because of its superb infrastructure, job and planned development. These factors are helping Noida’s real estate to thrive faster than any other place because demand attracts appreciation.

Office space

Because of being a thriving business hub the demand for office spaces has also risen in Noida. Commercial real estate projects are in demand. Investors are looking for long term investment options and what can be better than office spaces.

Office spaces provide you with a long term lease guarantee and also good appreciation because of their huge demand. Some famous projects with affordable office space options are Splendor Onyx, GYGY Mentis and One FNG. They provide exceptional returns as well  as affordable investment options too.

Largest Green Cover 

Noida has a green cover of over fifty per cent; it has the largest green cover among the other IT towns. The green area is part of the development plan of the Noida authority; they have given strict instructions to developers to leave enough green space to provide a blend of nature and modern development. 

The green cover ensures good air quality and water retention. We all are witnessing the water shortage in Bengaluru because it has concreted 95 percent out of its total area, which reduced the water retention and greenery that led to unsustainable development. If you invest in Noida,  you will get better infrastructure and air quality and also, because of amazing infrastructure, great appreciation or returns on your investment. 

Home Of Reputed Real Estate Developers And Prominent Projects

Noida is the home of the most famous real estate developers and projects. For example: Supertech Supernova, CRC The Flagship, GYGY Mentis, Splendor Onyx, Mahagun Medalleo, ATS Pristine, Ace Parkway, Sikka Mall Of Noida, Sikka Mall Of Expressway and One FNG. It is not the end of the list but the beginning. Noida has thousands of popular projects, and several new projects are being constructed here daily. 

Noida has famous developers such as:

       •  Gulshan Group
       •  Godrej Properties
       •  ABA Corp
       •  ACE Group
       •  Gaurs Group
       •  Prateek Group
       •  Eldeco Group
       •  Bhutani Infra
       •  Mahagun Group
       •  ATS Infrastructure Ltd.

These developers ensure top-notch projects at an affordable price and also help in the growth of Noida and push its development, which leads to good appreciation and returns on investment.

Amazing appreciation 

The appreciation rate in Noida in the last 5 years has almost doubled. The property, which was being sold for 35 lakhs, is now being sold for 70 to 80 lacs. The same happened with other properties, whether it is residential or commercial; every property in Noida has witnessed immense appreciation.

For example: 

       •  Jaypee Kosmos: 5 years ago, it was for 30 lacs. Now it is being sold for 70 lacs
       •  Jaypee Aman: 5 years ago, it was for 25 lacs. Now, it is being sold for 65
       •  Jaypee Kalypso Court: 5 years ago, it was being sold for 1 crore 70 lakhs; right now, it is being sold for 4 crores.

The appreciation in the property in these famous properties in Noida has doubled. It is just for your reference, there are properties in Noida which have given 200 percent returns as well. Contact us at 7053707070 for more information regarding such properties.

Great Footfall

Noida is a haven for retailers because of the high per capita income and immense footfall, and Noida's residents' spending power is also high. It leads to an increase in the demand for retail shops. Because of good per capita income and high spending power. You should also invest in shops in IT/ITES projects, because the employees working in the buildings will meet their daily needs such as food, snacks and other things nearby them, and that will increase you shop's sales.

If you invest in retail shops in Noida, you will earn superb rentals and also the appreciation value you will get will be high. This is a great time to invest here in Noida because of the demand. Invest your money now to earn exceptional returns.

Conclusion 

Investing in Noida's real estate market offers compelling advantages such as proximity to multinational companies, significant appreciation rates, extensive green spaces, and a robust infrastructure. With a diverse range of residential and commercial projects and high rental yields, Noida stands out as a promising destination for investors seeking substantial returns and sustainable growth.