Noida: A Hot Property Destination

NOIDA: The epicentre of global lifestyle

 All of us wish to have a warm, cozy and luxurious home in a well planned city which boasts of glitzy malls, high-tech IT Parks, world-class institutions and all the conveniences of life. Now, the wait seems to be over as the real estate development in Noida now offers everything one can desire.

Why Noida?

Noida has emerged as the hot favourite for many real estate developers due to many reasons. The primary reason is its location and its proximity to Delhi and other parts of the NCR. Also Noida is home to innumerous leading MNCs and various prominent Indian companies. Noida also boasts of excellent metro rail connectivity which facilitates convenient travel. Presence of many the world-class educational institutions add to the attractions of the city. There are numerous malls, multiplexes and other places to hang out with family and friends.

Noida has witnessed an unprecedented growth in the real estate sector with prominent builders making a foray with large investments in the town. Reputed real estate companies like Jaypee Group, PAN (Patel Engineering, Amrapali Group and Nirala Group), Prateek Group, SHRI Group and Eldeco Infrastructure have their projects in progress. It is expected that Noida will witness more such upcoming projects in the current year, and will soon become the Singapore of India. 

Greater Noida: An Ideal Property Investment Destination

Why Greater Noida?

Greater Noida, located in Uttar Pradesh, is under the purview of the National Capital Region of India. The development of this region has been undertaken by the Greater Noida Industrial Development Authority which manages the day-to-day affairs of the region. Greater Noida has close proximity to various regions of the Delhi-NCR and is a 35-minute drive away from Delhi via the 6-lane Expressway. The area is well connected to Noida through the Greater Noida-Noida Link Road. Almost 25% of the area is under the green cover, and the region has an excellent underground cabling and drainage system. The area is home to the fast growing industrial development. Leading giants like LG Electronics, Honda Power, Moser Baer, Daewoo Electronics, Videocon, T- Series and many more have already arrived here.  

 Surely, Greater Noida will witness massive infrastructural growth in the years to come. With the setting up of a night zoological park, the Greater Noida Night Safari will be a major source of revenue for the Greater Noida Authority. The park will be fourth largest in the world after Singapore, China and Thailand, and the visitors will enjoy seeing the nocturnal animals in the zoological park via a silent train running across the zoological park.

Real Estate Investment:

Greater Noida has seen a massive growth in terms of real estate investment with innumerous prominent real estate developers having their ongoing projects in this area. Its location and an excellent urban infrastructure make it supersedes the other areas in the Delhi/NCR region. Well built roads and a pollution-free environment make it the top choice of home buyers. The region also has an underground cable and drainage system as well as reliable power distribution through a public-private partnership. The sectors of Greater Noida like Alpha, Beta, Gamma and Knowledge Park 4 are completely developed and now have become home to many multi-national corporations. The region has good connectivity to other places in the Delhi/NCR regions through well maintained tree-lined roads.

Various prominent builders have recently launched their residential project in Greater Noida. Jaypee Group, is also among those who have their most ambitious project in the area. Jaypee Kassia in Jaypee Greens Sports City by the Group is considered to be the India’s first Integrated urban sports city, and is close to the proposed track for the Indian Grand Prix to be held later this year. It is expected that Greater Noida will expect more such real estate investments in the years to come. 

Ghaziabad: An Emerging Real Estate Destination

Ghaziabad, one of the planned cities in Uttar Pradesh and Delhi/NCR is emerging as a hot favourite investment destination for real estate developers who are aiming for an expansion of their businesses in this region. Due to its strategic location and having two important highways, National Highways 58 and 24 running through it, the investments in property in these areas are bound to reap huge dividends.

Why invest here?

Ghaziabad has been an ideal choice of many real estate developers for many reasons. The primary reason is its excellent connectivity to Noida that makes it convenient for the people to commute. The proposed Metro Plan by the Ghaziabad Development Authority will connect Ghaziabad to the other parts of the Delhi/NCR as well. With National Highways 58 and 24 running through it, Ghaziabad has great connectivity with other cities in the neighbourhood.

Another edge that Ghaziabad has over the other cities of NCR is the availability of budget-friendly homes for buyers. The real estate boom has led to the skyrocketing of property prices in other places of the NCR region that has become increasingly difficult for a buyer of the middle class to purchase a home in these areas. As a result, Ghaziabad has become a hot favourite real estate destination for property buyers owing to its location and infrastructure. Ghaziabad also has numerous malls for excellent recreation and shopping experience.

Ghaziabad is witnessing a massive real estate growth in terms of development of innumerous projects by various prominent builders. Apart from various prestigious builders, Land Craft Developers Ltd also has launched its two projects in Ghaziabad. Land Craft is a subsidiary real estate division of Garg Group, a 5-decade old industrial group based in Ghaziabad, which has made its mark in the education, steel and publication sector. The 2 projects, namely River Heights and Golf Links are being considered as mega projects that will change the entire face of real estate sector in Ghaziabad.

This is just a beginning. The investment-friendly real estate of Ghaziabad is enough to lure more and more builders for investment. Ghaziabad is poised to transform itself into a world-class township in India.

Analysis | Mathura - Vrindavan Real Estate

Mathura Real Estate

Advantageously located on the Delhi-Mumbai rail route, within 50 kms of Agra and 150 kms from Delhi, Mathura has a religious and commercial significance. A much frequented pilgrimage, and host to Indian Oil’s refinery, the town is surcharged with real estate activity ever since the realty boom began in the NCR. As the spiritually inclined look for homes around pilgrimage centres, state-of the art townships are in the making in Mathura.
Commercial Property: The Shri Group has established its credentials in Mathura with a string of quality projects. The Highway Plaza mall is a landmark on the Agra-Delhi Highway, a business cum shopping complex which will serve the tourist and business traffic on this section of NH 8 in addition to the local residents.
Residential Property: The trend towards theme townships is very evident in this holy city. Coming up on 2500 acres on NH8 is a marquee project from SunCity. A high-tech economically self-sustaining township towards Vrindavan will feature a theme city focused on the cultural and mythological aspects of Mathura, with museums, forests, artisan’s villages and an infotainment center amongst others. A ‘gurukul’ with an international syllabus will co-exist with centres of spiritual upliftment.The Shri Group’s projects include the Radha Puram Estate, an elegantly designed township of villas on the Delhi Road, Shri Brij Vasundhara, is a township of duplex luxury cottages provided with a library, meditation centre, recreational and fitness facilities. Shri Radha Puram, Radha Orchids, Radha Farms and Radha Highway Farms are other prestigious residential properties in Mathura.
Pushpanjali Constructions is working on PP Town, a township of plots, villas and apartments, and Prabhatam Developers has revealed its plans of a theme township project as well in Mathura.

Vrindavan Real Estate

15 kms away from Mathura, Vrindavan’s popularity has grown over the years as a residence of choice for the retired, senior citizen and the regular pilgrim. Tapping its potential for real estate development, a number of residential projects by reputed property developers have been executed and are under construction.
Triveni Infrastructure Development Company (TIDCO)’s Triveni Krishna Vatika is an exclusive theme township completely in harmony with the spiritual ambience of Vrindavan. CHDL’s Sri Krishnalok is an effort in the same direction offering 1-3 BHK apartments. Construction of farmhouses in Aryan’s Arropoli by Aryan Buildtech is in full swing, while Pushpanjali Baikunth Township by Pushpanjali Constructions is due for launch. Space Buildwell will be launching their Ananta Vrindaban project with a choice of flats and penthouses, while PSA Buildwell is setting up fully furnished farmhouses off NH 8 near Vrindavan.
The Mathura-Vrindavan real estate market is gaining popularity from residents of the NCR looking for a second home or seeking a weekend getaway.

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