Greater Noida West
Greater Noida West Amazing infrastructure get Affordable Residential flatsNoida Extension Now called www.greaternoida-west.in would be the hub of affordable housing within the real estate market with the Delhi NCR. With the form of development going down here, property prices have appreciated by a lot more than 15% inside the past 12 months.
Why Greater Noida West
According to experts, not able to this area is bright and buyers already have started reaping benefits when it comes to appreciation in property prices. The development authorities are swiftly planning the basic infrastructure like water, roads, and electricity. A green belt has become set aside for peaceful and diet and weight loss and connectivity are going to be smoother once Metro rolls in a couple of years. The area has already been well linked to Delhi through Noida.
Compared with places on the NCR like Gurgaon, Faridabad, etc, rapid developing Greater Noida West is well planned when it comes to wide roads, basic infrastructure like hospitals, schools, and educational institutions, and commercial sectors. And, with regards to price, the bradenton area is much more affordable than another real estate destination on the Delhi NCR.
Greater Noida West is spread over nearly 3,635 hectares (8,980 acres) and is particularly around 4-5km from Sector 121, Noida. The road from Sector 121 will pass over Hindon river and reach Sectors 1, 2, 3, 4, 16B, 16C, 10, 12, Techzone, Knowledge Park 5, etc.
The area is buzzing with activity with almost 75 developers ready having a slew of projects offering 1-, 2-, and 3BHK flats, villas, and floors at affordable rates. One estimate says the developing area would potentially appeal to a population that has reached over 10 lakh inside future through an estimated 2.5 lakh built-up houses set for being delivered within the next two-three years.
Despite problems such as the recent land row over compensation within the land acquisitions from the development authority, Greater Noida West has seen an extraordinary price appreciation and cost is expected to double from the next three-five years once the entire development starts taking proper shape. Customers have previously seen a growth of 100% in rates.
Buyers and clients who can't buy to purchase a property or are seeking 2or 3BHK flats in Noida could certainly come to this newly developing area. Here the prevailing rates of property are between Rs 2,600 and Rs 3,500 per feet square and realtors dealing in the lamp are registering a huge number of transactions.
Manoj Gaur, the MD of Gaursons India Ltd, says: "The housing demand in Greater Noida West is certainly very high because the region offers prime housing solutions that vary from affordable to luxurious options. Prices are fast obtaining and some with the projects in the bradenton area achieved an appreciation of 25% over their start-of-year values."
Deepak Kapoor, director of Gulshan Homz, says: "There can be a blend of investors along with end users inside the buyers of property in Greater Noida West. However, the running class with the Delhi NCR comprises the majority with the buyers. We be given a huge clientele from your Delhi NCR due to affordable prices here."
The existing Sector 32 Metro line will likely be extended as much as Greater Noida West through Sector 72. The 7km-long stretch would cost around Rs 1,400 crore ones Rs 1,100 crore could be shared with the Noida and Greater Noida authorities, with respect to the territory falling under their jurisdiction.
At least two stations are actually proposed to become built for this line.
Greater Noida West