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The Growing Noida Residential Property Market

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By : Aadi Sharma    99 or more times read

Since there is a massive growth of the IT and software companies in Noida, the population is also growing day by day. In order to suffice the growing demand of the population who mainly nurtures a taste of ultramodern lifestyle, the Noida real estate developers have come up with top class residential properties. The residential complexes are built with the aid of modern technology, innovative style and grace and world class amenities.

Let us have a look at some of the highlights of Noida residential property sector.

Highlights of Noida Residential Property Sector

  • Not only from within the own but investors for residential real estate also pour down from other peripheral regions. Most of returns of such investments are earned as rents since the apartments bought are mostly used for rental purpose.

  • Another very important feature of the Noida residential property is FDI. In the coming years, the market is estimated to be expecting Foreign Direct Investment of 30,000 crores. The Noida homes are taken to be their second home and are important part of their investment portfolio. In fact, due to the FDI, the luxury Noida residential property sector has gained prominence. Premium quality villas and plush residential structures with ultra modern amenities now feature the residential segment.

  • The Noida residential property sector is expanding by 30% every year. Even though the prices of the property have reached the level of stability, yet few segments still indicate very high price rates. According to experts, it is due to the increasing number of property deals.

  • The prime residential areas of Noida are located in sector 14, 15, 27, 28, 29 and 37. Though all these sectors predominantly consists of plotted housing while sector 44 comprises of grouped housing.

  • The Noida residential property are built in the form of flats or apartments, independent houses to high-end luxury homes like bungalows, villas, condominiums and penthouses. Further, due to steep competition among builders, top developers are now coming up with innovative residential projects with an array of lifestyle facilities.

Few of the popular residential property includes The Grande of Unitech, covering sectors 96, 97 and 98. The The Wish Town of Jaypee Greens at sector 128, Utopia, Aamantran, Olympia by Eldeco, Twin Towers, Grand Woods, Forest Spa by Omaxe, Celeste Towers by Assotech limited, Gaur Grandeur and many such.

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