Factors Behind Real Estate Investment in Noida

Noida is one of the well-planned city in National Capital Region, and has good infrastructure developments which attracts home buyers. Every people in this world want their own well built with prime location where they can spend their life peacefully. That means the house which is ideal in every respect and meets their luxuries dream.

Noida is a center of real estate of NCR, is a perfect city for buyer's dream home. All leading constructor and builders developed a number of residential and commercial projects in Noida. There are some factors that increase the growth of real estate investment in Noida.

These affective factors are:

Industrial Development: Noida has large number of industries which provides a large number of employments to Noida citizens. These are Asian Paints Ltd, Hindustan Adhesive Ltd,Yamaha Motors, L.G. Electronics, Reins Talbros Ltd, T-Series, Priya Foods, Punjab Fibers Ltd, Hindustan Times, G S C Toughend Glass, Jay Containers, Hongo India, Hind Polymers Ltd and Tapial Technomech Pvt Ltd. These companies provide a large number of employments to Noida citizens and emerge Noida city into India top industrial hub. This is also one of the factors which attract Real Estate industry to invest heavily in Noida.

Prime as well as connective location: When you purchasing residential or commercial area, location is an essential aspect. Noida is discovered as safe community and well developed area. The city is totally connected with Delhi by metro, smooth roads and expressways. That means a few minute drives from Noida to Delhi. Location is the main factor for investors to invest in Noida.

Rapidly augmentation of development scale: Noida's development scale is rapidly increased by Noida authority and many builders such as RG Pride, Parx Laureate, BPTP, Omaxe Construction Ltd, Amrapali Group, Jaypee Group and Supertech has launched their projects like Nimbus Golden Palm Village and Nimbus Golden Palm in Noida. These builders provide world class, Kothis, residential and commercial towers, Villa, Farm house, Penthouses, Bunglows, Guest houses studio apartments, luxury apartments, and great range of 1and 2 BHK flats.

Economic Development: Noida is located on left on the bank of Yamuna River and is equidistant from Ghaziabad, and Delhi, Noida is an acronym for New Okhla Industrial Development Authority. Noida has extensive growth of population during the last two decades.

This population includes a large number of young professionals working for various IT setups in and around Noida. Noida city is highest income tax paying district in UP. Bigwigs of real estate and hospital sector are poised to invest in Noida. And many domestic and international companies initiated their projects in Noida and increase the economic rate of Noida development.

Future master plan: The NCR Planning Board has recently approved a new Master Plan 2031 of Noida. In the new master plan, there is a lot of scope for infrastructural, residential and commercial development like widening of roads, elevated roads, underpasses, greenery, high-rise buildings, hotels, Metro and road linkage projects to ease traffic. Noida is planning to increase the FAR (flats area ratio) due to the supposed growth of population in future. According to the master plan, the city score well in terms of modern amenities and is also endowed with a healthy environment.

All the factors are the rapidly increase the rate of investment in Noida