Wednesday 13 August 2014

Greater Noida Infrastructural Projects to Change the Shape of the City

Greater Noida, a city that is growing by leaps and bounds, has earned the distinction of being highly preferable residential option for seekers of properties in Delhi NCR. The city gained prominence on account of availability of land parcels, unused infrastructure, and foraying of reputed developers in the city. A number of developmental projects have gone very well with its economy. At present, a number of major infrastructural projects are either on cards, or have been launched.

One of the eminent projects that are expected to bring boost to properties is Noida-Greater Noida Metro Rail Project. Slated to be launched in 2-3 months, the Metro project shall see setting up of a station at Pari chowk. Of the total 21 km stretch, 6 km would be the part of Greater Noida, while the remaining would be developed across Yamuna Expressway. Deemed important from real estate point of view, Metro Project shall help in improving connectivity between two cities. It will also help in reducing the time taken to and from Delhi. While the project is on its way, DMRC has still to prepare the detailed report about its carrying capacity and viability.

The 165 kilometer Noida Expressway is another high-end project that has shortened the commutation time between two cities appreciably. Built to relieve National Highway 2 of its excess traffic, this Expressway has had a significant influence over the development of property in this city. Stretched over a distance of 165 kilometer, this link brought about a boom in realty construction. For investors, it has proved to be a safe bet.

It is the good prospects for returns that India's major developers started a number of projects for 1 BHk, 2 BHK and 3 BHK apartments in city. While a majority of these cater to the property requirements of luxury segment, a couple of them have also been launched for mid-income groups. Unitech's projects along Noida Expressway are the best example in this regard. Some other major projects are Jaypee Greens, Gulshan Bellina, Victory Ace, and Supernova. Unitech's Horizon, Heights, and Habitat, and Parsvanath's Platimun Eden, and Estate are some of the popular residential projects that city has witnessed. Ashiyana Arcade in Gamma 2 sector and Rivera from Eldeco Infrastructure are among the other prestigious projects in the city.


The seekers of Greater Noida properties shall see establishment of an International Airport. A helipad connecting commuters to and from Greater Noida, Agra, and Mathura too is also on cards.

1 comments:

  1. Thanks for sharing the valuable information.
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    ReplyDelete

 
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