Availability of land for construction has attracted major builders and buyers in these few years and it would definitely increase in the coming years. The article discusses the current scenario of the properties in Noida. Noida is regarded as one of the posh areas for both commercial and residential development as there is a lot of scope for good construction with better infrastructure. The demand for properties has gone higher in the recent years and developers are increasingly opening up big project to meet the same. The property appreciation of 30% is being observed annually. His has given a highly potential market to the investors from Indian and abroad in both the sectors. With good infrastructure and better connectivity to the nearby region that includes Delhi, Noida is going to see a real estate boom in the future. The real estate bill also has set the ball rolling for the real estate with an organized way of practices. This has come as a relief for the buyers who are assured to get the projects in the given time. With allocation of funds for affordable housing and implementation of REITs the government also has taken the real estate development in its hand with a special focus in this sector. As Noida is growing and expanding this is a mature market for the interested buyers who want to investing good projects. Commercial Property in Noida has also seen a growth with more and more companies and educational institutions setting up offices in the region. The lower pricing factor that promises better return on investment and appreciation has attracted more buyers to Noida. There has been an introduction of several new projects by the big industry players that has further increased its demand. Connectivity is also a major reason in attracting so many buyers at once. The Dwarka –Noida city center metro line that is proposed to extend till Pari Chowk is going to give direct access to Delhi and other NCR areas. Also, there is a plan to provide uninterrupted supply of power to the region from the Greater Noida industrial development. With affordable housing schemes there are several luxury projects to that offers fancy attraction for the willing buyers. Real estate in Noida is set to pick up with the metro connectivity, good infrastructure, road network and affordability. The quick completion of the existing ones also has been lined up as the real estate bill has introduced strict rules, the violation of which can lead to imprisonment of upto three year with monetary penalties. The flow of transparency in the particular sector with better regulations and quick dispute disposals have given confidence to the buyers. Commercial property for sale in Noida till now has seen mainly the BPOs and IT firms but, many startups are also readily investing to get the desired location with better connectivity for the employees. All these factors have led to a paced up development in this region as the demands have gone higher. Noida is emerging as a major real estate interest for all kinds of buyers and would see major infrastructural change in the coming years.
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