Why Investing In Noida Makes Sense, Always

If you look at some figures, the real estate in Noida is not an all- shining picture. A PropTiger Data Labs report for the financial year 15 first quarter says Mumbai, Bengaluru and Noida accounted for the largest unsold inventory, which is 60 per cent of the total unsold inventory across cities. Among these cities, Noida tops the list. However, it is another interesting fact that property in Noida has not been severely hit by a slump that many of its peers across India witnessed.
The question now is that with an oversupply of land and unsold inventory, is Noida an option for making investments?

Not in good books?
Despite having a huge potential for investments, Noida has, somehow, been underrated among other -NCR (National Capital Region) suburbs. (Given a choice, a buyer would prefer having an apartment in Gurgaon). While delays in project completion has been bad for buyers' confidence, various litigations and land disputes further marred the growth here.
As if things were not headed southwards already, a general perception of the Uttar Pradesh administrative lethargy and corruption, coupled with difficulty in maintaining the 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 here.

Sunny side up
All is not bleak in Noida and here are the reasons why you should still consider Noida as an investment option ──

• Well-planned infrastructure: Noida offers a well-established infrastructure. This includes the maintenance of wide roads that offer excellent highway connectivity in the entire -NCR (National Capital Region) and neighbouring states, including UP and Haryana. Water supply and electrical cables' planning is also the best in the region.
• Expanding metro: The Metro Rail network in Noida is extending, adding to the growing list of factors that make it ideal for investments.
• Education hub: Living in Noida would mean your kids will not have to step out for their education. Noida is fast turning into an education hub and is home to several schools, colleges and universities.
• Getting wings: Process is on to acquire land for an international airport near the Formula 1 Race Track.
• Widening horizons: The expanding Noida (Greater , Greater West, the Yamuna Expressway, and the Greater Expressway) includes well-planned areas, with a vision to develop infrastructure before real estate under construction projects in Noida are completed.
• Pocket-friendly deals: Property prices in the -NCR have sky-rocketed over the years but Noida still offers investment opportunities at low prices, attracting middle-class home buyers.