Reasons To Invest In Noida Real Estate
Reasons To Invest In Noida Real Estate
Noida, a satellite city of Delhi, is an existing hot spot for real estate investors. And an evidence to the same is the speed with which individuals, corporate houses, and institutions are finishing the huge list of residential and commercial projects built by top builders and developers in Noida. Investing in Noida real estate is one of the most effective ways to get high returns at low risk and volatility. While investing in property, many factors like the demand for the property, valuation, appreciation rate, infrastructure development, etc. play a vital role in making the investment profitable, and Noida real estate is worthy on all these parameters. It has all the factors that make any real estate market an investor market.
The reasons listed below reveal why Noida is a great market to invest in real estate.
High Market Demand: An important factor to consider while investing in a property is the demand in that area. For asset prices to rise, the demand must exceed the supply. The demand graph for property in Noida has witnessed an upward slope for the past several years. There have been some extraordinary project launches in the city and the high demand has garnered similar sales for these projects. According to a survey conducted by India Reports, Noida has experienced exceptional demand for residential units in the last four to five years. Affordable pricing, growing infrastructure, and increasing connectivity in Noida will keep the demand graph high in the city, making it a productive investment hub.
Comparatively Cheap Appraisal: One of the biggest reasons to invest in Noida real estate is that the property in this city is still available at an affordable price. Unlike neighboring Delhi or Gurgaon, Noida has not become saturated and has comparatively cheaper valuations. New projects are being constructed by top builders and developers in Noida and Greater Noida and a little negotiating from a real estate agent in Noida can help investment seekers get the property at an affordable price. Top real estate agents in Noida who have done a comparative study about the price trend of the city feel that Noida still has cheaper appraisals as compared to other Delhi NCR areas.
Mr. Sanjay Chauhan, Managing Director, CHAUHAN’S PROPERTY, says, “Moreover, the city is still more affordable in comparison, compared to more crystallized markets like Gurgaon. Given that government authorities are removing many regulatory hurdles, it is expected that It is believed that the Noida market will outperform and appreciate over time.”
High Property Appreciation Rate: Noida is one of the real estate markets in India where property rates are increasing rapidly. makes it ideal for appreciation. With a property appreciation rate of 30% per annum in some places in Noida, property investors can rest assured that their investment will surely yield higher returns in the future. The current valuation of property in Noida is cheaper. Maybe but the prices are set to go higher in the times to come.
Growing Infrastructure: The infrastructure of a city plays a vital role in the investment potential of the real estate market. The growth and development of infrastructure ensure one thing: the city is Consistently positive and Growth will be seen. The social and physical infrastructure of the city is accelerating to include some world-class projects like Noida-Greater Noida Metro, multi-level car parking in Sector 18, an underpass between sectors 60 and 61, and another underpass between sectors 94 and 95. growing from. Property dealers in Noida feel that the surrounding areas like Sector 74-78, Sector 32, and Sector 150 are the most promising for investment. Be it shopping malls, hospitals, educational institutions, or corporate hubs, Noida’s infrastructure has grown exponentially over the years. This growing infrastructure will ensure a steady rise in property prices in Noida and will make it an ideal destination for real estate investment. Noida is indeed an attractive location for those who want to see their investment in real estate double soon. Its proximity to the capital Delhi, seamless connectivity to nearby areas, expanding metro network, and development of world-class infrastructure not only make this city ideal to live in but also great for investing money in real estate.
