Reasons of rising demand of properties in Noida and suburb areas

There is no doubt in the fact that buyers and investors are keenly looking for lucrative deals in Delhi NCR areas. NCR – which includes Noida, Greater Noida, Noida Extension, is surpassing the highest appreciation rate since the time Noida – Greater Noida Expressway has been operational. This is because the connectivity which is the crucial parameter for any property buyer never remained a problem after the expressway came into effect. The strong lineup of Residential and commercial projects alongside expressway are the blockbusters, which are making NCR the most wanted place for the high range and middle income buyers. Property Manthan is one of the biggest real estate portals which helps you to find the best of the properties according to your budget and requirements.

Out of these developed areas of the National Capital, Noida is the region which got developed at the pace of rocket. The absorption rate of commercial and residential property in Noida is exceptional. This is the reason that even after full occupancy of estates, the demand for rentals is not decreasing a bit. Moreover people are ready to give double the cost. To curb this extra pressure on real estate sector of Noida, new sectors are coming up under the same jurisdiction inspite of so many newly developed neighboring areas with more benefits than Noida. This simply signifies how Noida has emerged as the hub of residential and commercial properties in India.

This does not mean that Property in Greater Noida and Noida extension are not in demand. It is just the fact that people are looking forward for their stake in Noida as it offers highest hike as compared to the any other area. Since Gurgaon is much expensive destination for investment hence it becomes a bit difficult for the middle income gainers to invest in that place. Sources at Property manthan reveals that most of the queries come from Noida Extension Projects which is a positive trajectory for Noida real estate industry.

With extraordinary projects coming up in Noida extension and on expressways, filled with classic amenities and features, It is practically proved that property buying in this area is the activity of the area. With minimum risk and high benefits surety, all residential projects in Noida extension, Greater Noida and Yamuna Expressways where plots are in high demand, are fetching high number of queries as compared to any other location of NCR. And why only residential ones, even a commercial project in Noida Suburbs is as much popular as Residential ones. The upcoming of IT technological park in Greater Noida is the best reason credited for it. This is the fact that many multinational companies and business houses are planning their branch units at this place due to low rentals and operational cost.

So Investing in Noida and its adjacent area is the bright option till the time you have huge funds and the patience to wait and watch the massive hype expected within two years