With large-scale investment in the information technology and BPO industries, besides the burgeoning of commercial real estate, Noida has fast become one of the most sought after destinations in the Delhi-NCR region. The satellite city also holds the distinction of being the largest planned industrial city in Asia. While the more well-known sectors — as far as residential societies are concerned — are concentrated around the Atta Market of sector 18, with the coming up of the special economic zone on the Noida-Dadri Road, several sectors leading up to the SEZ are now witnessing development in commercial and residential real estate.
Notwithstanding a bad year for the property market, says estate agent Pawan Mathur, homes in sectors 52, 51 and 62 that are reasonably priced and have the benefit of being located close to the SEZ as well as the expressway are now selling. Apartments close to the Noida SEZ and those near the Noida-Greater Noida expressway have been selling very well, especially due to the expectations of high appreciation in value. Flats here are priced in the range of Rs 1,800 to Rs 2,100 per square foot.
There is a lot of accommodation available for the working class. Paying guest apartments as well as service apartments are fast gaining popularity among those who wish to reside in Noida on a temporary basis, as well as those who are in-between homes. A fully-furnished apartment with two bedrooms and a floor space of 1,250 square feet can be rented for Rs 18,000. This is a steal when compared to similar apartments in sectors like 21 and 24. With the development of the SEZ, there are high hopes that price will rise soon, so the time to buy is now, advises Arun Triweni of IQ Properties.
More : expressestates.in
Send an E-Mail for Noida Property Enquiry!
Related News from Noida
Site for commercial development
Site for commercial development is a location in Noida in India. If you have seen Site for commercial development , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about Site for commercial development is important to us. Please provide you comment / review / article on Site for commercial development in Noida below.
Global Development Center
Global Development Center is a location in Noida in India. If you have seen Global Development Center , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about Global Development Center is important to us. Please provide you comment / review / article on Global Development Center in Noida below.
Foreign trade development centre
Foreign trade development centre is a location in Noida in India. If you have seen Foreign trade development centre , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about Foreign trade development centre is important to us. Please provide you comment / review / article on Foreign trade development centre in Noida below.
Mohali aims to be Punjab Noida
CHANDIGARH : Punjabs Infrastructure Development Committee on Tuesday approved a Noida- like authority for Mohali to be known as Greater Mohali Development Authority. The Greater Mohali Development Authority (GMDA) will work for the development of areas in the periphery of Chandigarh. Sub-tehsil of Kharar is also likely to be included in the Greater Mohali Development Authority. A government spokesman said after a meeting, the other modalities for setting up the authority and appointment of its chairman and chief administrative etc. are likely to be finalised in a meeting. Punjabs Infrastructure
National Dairy Development Board Office A3 Sector 1 NOIDA
National Dairy Development Board Office A3 Sector 1 NOIDA is a location in Noida in India. If you have seen National Dairy Development Board Office A3 Sector 1 NOIDA , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about National Dairy Development Board Office A3 Sector 1 NOIDA is important to us. Please provide you comment / review / article on National Dairy Development Board Office A3 Sector 1 NOIDA in Noida below.
Regional cooperation must for development: CM
Himachal Pradesh Chief Minister Virbhadra Singh today emphasised the need for regional cooperation among northern states and the union territory to carry development and economic activities at an accelerated pace. ''Close coordination among the northern states would help it emerge as the centre of economic and industrial activity,'' he said, while talking to a delegation of the PHD Chambers of Commerce and Industry (PHDCCI) that called on him here. Mr Singh said possibilities were also being explored to create industrial authority on the pattern of NOIDA for the planned industrial development of the industrial areas of the state. The state had witnessed
Lucknow industrial estate gets going
The citys Industrial Development Authority plans 200-acre industrial enclave. It is often debated that the industrial development in Uttar Pradesh is confined to the National Capital Region (NCR) and the growth is far less visible in other parts of the state. In this backdrop,the Lucknow Industrial Development Authority (LIDA) — the proposed industrial enclave along the Lucknow-Kanpur highway mooted almost three years back for industrial and commercial amelioration in the region — is slowly picking up steam. More : business-standard.com