Why to Investing in Residential Projects in Noida

Mar 13
12:15

2014

Janvi Ahuja

Janvi Ahuja

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Noida is one of the fastest growing cities of India. In past decade the city has given great returns on the investments in real estate.

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As the city continues to grow,Why to Investing in Residential Projects in Noida Articles investment in property in Noida is still one of the most profitable investments. The city is still developing with more and more people relocating to the city. Noida offers excellent infrastructure and transportation facilities. Besides, many commercial complexes have also come up in the city. A number of offices have been set up in Noida and many more are expected to come up in coming years. There are also a number of shopping complexes and malls across the area. Such facilities are inviting more people to Noida every year.  As the population rises, demand for residential projects is increasing steadily.Property in Noida is a lucrative option as the realty market in the city has already seen a boom. People who have invested in the city are already reaping good returns. Whether as return or for resale, flats in Noida are giving good returns. The rental in the area is increasingly steadily and the project prices have also appreciated considerably. In Noida, the prime areas for investing in residential projects include Sector 14, 15, 25, 26, 28, 29 and 37. However, the Noida extension region is the upcoming place with a number of residential townships planned.There are big projects by leading developers that are planned to cover 347 acres in Noida Extension. They are offering luxury residential flats and world class lifestyle facilities. Such developers have also launched a huge township in the same area. There is a hospital, school, health clubs, community centres, shopping arcade and even a hotel planned within the township. There are several residential projects planned within this huge township.Real estate market in Noida continues to grow at a good pace. With the residential projects in Noida witnessing a boom, demand for commercial spaces has also gone up. Hence, investing in commercial properties in Noida is also promising. Many developers are coming up with commercial complexes across the city offering new investment opportunities to the investors. Whether residential or commercial, investment in real estate in Noida is expected to grow further throughout this decade.Thus, if you want to invest, this is probably one of the better times to think of Noida and similar regions to put your money in. They can only promise to appreciate and offer high returns in the near future.