Greater Noida West or Noida Extension has been creating a wave in the real estate market of Noida. Strategically based between Noida and Greater Noida, Greno West holds the proximity of both Noida and Greater Noida making it ideal for buyers looking for houses in both the areas. The vicinity added with connectivity to all areas of Delhi and NCR though the upcoming metro that is going to start functioning by the end of the year 2016.
This article is about why you should buy a house in Noida Extension and the rewards you will be able to avail.
With the speed at which Greater Noida west bounced back, it was announced the most profitable investment choice. There are a number of reasons that have been bringing the developers here and have together contributed to making it the best place for somebody looking to buy a flat in Noida. Some of the most dominant ones are –
- NCRTPC, NCR Technical Planning Committee, has given Noida Extension the required approvals to sell flats there, giving the developers a green signal and bringing the lost faith back in the investors and buyers.
- The industrial development is also one of the prime factors, which is making a way for the economic development in this. Sports facilities and educational institutes are also helping in generating the consumer’s interest to a great extent.
- Presently, the values of property in the Greater Noida West ranges between Rs 3,000-3,500 per sq ft. A major factor that makes this area look extremely lucrative is the sufficient supply of both 1 and 2BHK units, building it as an ideal property decision for both the low and middle-class buyers segments, who otherwise have only a few options present in Noida.
- A number of banks have started offering loans for projects based in Greater Noida West making it easy for the pocket conscious buyers to invest here.
- The upcoming metro that is going to start its functioning in the end of the year 2016 has also supported and led the property prices in Noida Extension to grow manifold.
All the above mentioned have together made it easy for the buyers to invest in Noida Extension and seeing it as a prime locality. Two of the most renowned developers to have launched their projects here to take the full advantage of the rewards offered by Greter Noida West are –
- Amrapali Group
The premium builder group of Noida, Amrapali Group, has announced a launch of their new project in the prime location of Noida Extension. Branded as Amrapali Bollywood Towers, they are offering 2 and 3 BHK unit apartments of 975 to 1655 sq. ft. area in the price range of Rs. 29.25 Lac to 49.65 Lac. Amenities they are offering like play area, swimming pool, gym, paved compound, open space, intercom, clubhouse, and video security, etc. are at par with the latest quality standards followed globally, and aims at offering maximum comfort to the employees. The large area on offer plus low price are the prime reasons behind the popularity of this project.
- Amrapali Group
Another eminent realtor of India, Amrapali Group, has also launched their recent development in Noida Extension. Marketed as Amrapali Golf Homes they are offering 2 to 3 BHK apartments ranging between 835-1595 sq. ft. areas in the price range of Rs. 20.88 Lac to 46.26 Lac. Amenities they are offering include clubhouse, daycare center, play area, swimming pool, gym, cafeteria, open space, park, and sports facility, etc. are at par with the modern layout standards of the country. Considering the price and modern amenities, now would be a great time to buy a house here.
Greater Noida West has with time established itself as the most liked property destination of mid income buyers. Backing the rise in demand a number of developers have started flourishing here. All of these factors together clearly hint towards the statistics showing a surge in property prices and demand.