Indian Property

Noida Project

Standing at an awesome location, Noida is more popularly known as the satellite capital of Delhi than a part of the sprawling Uttar Pradesh state. Noida is an acronym for New Okhla Industrial Development Authority, which is less popularly known by. The city is most popular amongst the real estate developers which in turn become popular with the home buyers, investors and commercial users.

The proximity of Noida, located in the Gautam Budh Nagar district of UP to the national capital is 20 kilometers south east; while for the district headquarters, that is, Greater Noida, it is 20 kilometers north-west. On the west and the south-west, Noida is bound by the Yamuna River and on the east and south east by the Hindon River.

How did Noida emerge?

Set up as a part of an urbanization shove during the emergency period of the Indira Gandhi regime, Noida came into existence on 17 April 1976 due to the initiatives of Sanjay Gandhi. The date is celebrated as ‘Noida Day’ as its administrative existence came into being on this day under the UP Industrial Area Development Act. Spread across the total area of 203 sq. km., Noida has emerged as the technology capital of India with most of the IT firms located in this part of the state. This happened due to the efforts of the government of India in 1980s which saw the rapid rate of development which was talking place in Delhi which in turn would result in chaos and demographic burden on the capital. Which is why, they planned to come up with the residential and industrial areas around the capital and not inside it. Two areas came up due to this decision, Gurgaon, across the Haryana border and Noida across the UP border. The Greater Noida and Yamuna Expressway were areas which evolved much after them.

There are separate governing bodies for Noida, Greater Noida and Yamuna Expressway, that is, Noida Industrial Development Authority (NIDA), Greater Noida Industrial Development Authority (GNIDA) and Yamuna Expressway Industrial Development Authority (YEIDA). Noida comprises of the central NCR region while Greater Noida and Yamuna Expressway are a part of outer NCR region. Noida being a part of Gautam Budh Nagar district of UP has reached the maximum level of urbanization among its intact UP sub region of NCR. According to the census of 2011, this district is registering 51.52% of growth, making it the fastest growing part of India. Owing to the proposed infrastructure projects, the future development of Noida is vast that will help improve the connectivity.

Noida lives a lavish living

If you get down at sector-18 metro station, take an exit and cross the road you will reach the huge Great India Place mall, also popularly known as GIP. Situated adjacent to the popular Atta market in the same sector, this is the best place to throng if one is keen to look forward for a variety in brands and food. This sector is the most celebrated for shopping and recreational hub along with the biggest amusement park called the worlds of wonder. And then you can also check into the luxury hotels like Radisson and Park Plaza in Noida. For some religious inspiration, head on to the popular Iskon temple; also do not forget to visit the Okhla Bird Sanctuary, a house to thousands of various bird species.

Connecting future to Noida

There are certain marvels in Noida which have been popular over the time making it the future city of India.

Delhi Noida Direct (DND) Flyway This flyway, 10.2 km long, connects Noida to Delhi with the help of eight lanes and is 9.2 km wide. This famous DND flyway links south Delhi’s Maharani Bagh to Noida’s sector-22. This flyway is the most popular option for the office goers in the city, making commuting time short. Yes, there are some traffic snarls too, but that comes handy with any such development.

Yamuna Expressway Connecting Greater Noida with Agra, this expressway makes one reach to either of the destination in 2.5 hours. This six lane, 165 km long expressway connects Delhi via Mahamaya flyover and with the already operational F1 track/ Buddh International Circuit, there is a mushrooming of real estate activities.

Noida Extension A planned residential hub with ample shopping options, commercial places and townships developed by well-known builders, the place offers easy accessibility to three major cities of which Noida is one and others are Greater Noida and Ghaziabad. There is also a proposed metro connectivity to this place, thus, further spurring the demand.

Noida- Sector 74 to Sector 79 This is the most upcoming belt of developing areas which is flanked by the already developed areas of sector-50 and 51. Nearby the reach of NH-24, Greater Noida Expressway, Central Noida and few stretches of east and south Delhi gives it the tag of prime important place.

Greater Noida Expressway Connected to the hub of Noida in sector-18, this Greater Noida Expressway is the most sought after for offering excellent connectivity to Noida, Greater Noida and Delhi as well. It is a six lane highway and areas along this expressway have gained a lot of momentum. This is the most promising investment option in the upcoming time. The proposed construction of flyovers, underpasses and a metro line also acts as a catalyst in enhancing the demands in the area.

Upcoming promises in Noida

Well, promises are promises until they are actually realized. The Noida Authority brings forth a set of new developments in Noida which are yet to be realized to make it a better place to be. Here’s a list:

Prevailing times in Noida

It is due to the improved economic conditions as well as its proximity to Delhi and other central locations that the real estate market has a booming business here. Noida alone accommodates approximately 65 real estate developers. Some of them are: Jaypee, Amrapali Group, Supertech Limited, Unitech, 3C Group,Logix Group, Wave Group and ATS to name a few. The city has a total of 1,57,714 residential units developed by private players of 181 projects and sub projects. Income from rent is another source for the residents of Noida here. Approximately, 40 per cent of Noida’s population is dependent on rent which includes working professionals and students. In a nutshell, be it apartments or flats, commercial or residential, real estate property in Noida shows up with a great package and unmatched services.

Project in Noida