PROPGUIDE − A Complete Property Guide

Is Noida Realty The Right Choice For Investments?

Is Noida Realty The Right Choice For Investments?

The past few years have seen the realty sector go through a rough patch all over India. The economic upsurge last year, however, has sparked off some ray of light for those interested in investing in property in India. While the property index has seen a dip across the country, Noida has so far remained untouched by the slump. The big question now is that with an oversupply of land and unsold inventory, is Noida an option for making investments? 

Noida in the bad books

Real estate in Noida had always been underrated among all the other suburbs in the Delhi-NCR, despite its potential for investments. To add to that, the various litigations and land disputes maligned the Greater Noida West area. The delay of up to two years or more in project completion dealt a severe blow to the buyers’ confidence as well. As if things were not headed southwards already, the general perception of the Uttar Pradesh administrative lethargy and corruption along with difficulty in maintaining law and order, are among the prime factors that combined to make Noida the white elephant (not related to former Chief Minister Mayawati’s elephant statues) for those who had invested heavily into it.

The sunny side up

With so many liabilities attached to its name, why would you still consider Noida as an investment option? Here are some facts that are bound to change your mind –

  • Noida is the most promising real estate investment in the Delhi-NCR, thanks to the well-established infrastructure. This includes the maintenance of wide roads that offers excellent highway connectivity in the entire Delhi-NCR and neighbouring states including UP and Haryana. The water supply and electrical cables planning are also the best in the region.

  • The ongoing work on the extension of the Metro Rail network in Noida adds to the growing list of factors that make it ideal for realty investments.

  • For those homebuyers with children, living in Noida would mean not having to step out for their education. Almost considered as the education hub of Delhi-NCR, there are several reputed schools, colleges and universities established here.

  • The extension of Noida, namely Greater Noida, Greater Noida West, Yamuna Expressway, and Greater Noida Expressway are all well-planned areas with a vision to develop infrastructure before the real estate projects are completed.

  • Property prices in the Delhi-NCR have skyrocketed over the years but Noida is still in a position to offer investment opportunities at comparatively low prices.

The last word

The real estate sector in India is in a poor shape today, thanks to the slump in the property index in most cities. Since the Government kept mum this year on any benefits for the realty sector, its recovery depends largely upon the announcements next financial year. However, Noida is poised to leap off towards a better future thanks to all its infrastructure and development planning. Are you?

Tags: Noida, Noida, Noida Realty, Real estate in Noida, Market analysis, propguide

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

PropTiger Q2 Report FY'16: How North India's Hottest Real Estate Markets Fared In Q2’FY16

PropGuide compares the residential real estate markets of Noida (including Greater Noida and Yamuna Expressway) and Gurgaon (including Bhiwadi, Dharuhera and Sohna) head-to-head.

November 10 2015

+ Click Here To Read This Article

Proposed Dwarka-Manesar E-Way To Bring Realty Boom In NCR

In the hope of discovering a new and possibly the last of such realty hubs in the National Capital Region, many expats and other investors have rushed in to put in their money.

June 05 2015

+ Click Here To Read This Article

Expect More Action In Real Estate As Noida Gets Set For Another Film City

The Yamuna Expressway Authority has recently received a proposal from a company to develop a film city in Sector 29 of Yamuna City.

June 20 2016

+ Click Here To Read This Article

Is The Time Ripe For NCR Buyers To Book Their Dream Homes?

The Q2'FY16 report by PropTiger Data Labs suggests that now might be the right time to invest in NCR. Here's why.

November 10 2015

+ Click Here To Read This Article

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

Project Launch: Unitech Unihomes – Superb, Sector 117, Noida

Unitech Group, which is one of the leading creators of property in India is launching Unitech Unihomes - Superb, an affordable residential property in Noida which shall offer 2 and 3 BHK housing units.

September 17 2013

+ Click Here To Read This Article

While most of us assume that wills are created only by those who are rolling in money, this...

Here are today’s top news stories from the real estate sector.

Followed by Bengaluru, demand for office space in Hyderabad has witnessed a sudden rise. Now,...

Despite the real estate slump, affordable homes are making inroads into the investment hotspots of...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

The Centre recently gave its go-ahead to the construction of the national capital region’s second...

PropGuide tells you how a better metro connectivity will raise real estate prices in Noida.

The first phase of a Metro network is already changing the way people commute in Bengaluru. Upon...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

Subscribe Now

To stay tuned with real estate updates


x +

Drop Your Query here