This is not hidden from anyone that the construction of Noida-Greater Noida Expressway has open a plethora of new avenues of investment in Uttar Pradesh. Be it manufacturing companies in Noida Special Economic Zone (NSEZ) or the high-rise residential units, Noida-Greater Noida Expressway has complemented everything that comes on its way.
On the other hand, Gurgaon is already a hotspot for corporate parks, office spaces and residential real estate for many years.
But, nothing is permanent and so is the Indian real estate market. The recent reformation in the government policies and construction of metro network has tremendously changed the Noida real estate along Noida-Greater Noida Expressway.
Let’s take a look and find what were the things that Noida’s real estate market is all set to outstrip Gurgaon market.
Connectivity of Noida-Greater Noida Expressway
Connectivity is one of the most important features that you look at the time of property purchase. Being a homebuyer, you can compromise with the preferred location of your apartment but, you can never compromise with connectivity.
Noida-Greater Expressway is a 24-km freeway that is seamlessly connected with Noida, Central Noida and Greater Noida. Roads are smooth as well as signal free. The entire stretch is well lit by street lights powered by solar panels.
This is not it, Noida-Greater Noida Expressway provides access to Yamuna Expressway, a gateway to Agra. This expressway will also connect with the upcoming Faridabad-Noida-Ghaziabad (FNG) Expressway and Eastern Peripheral Expressway (EPE).
Infrastructure Along Noida-Greater Noida Expressway
Earlier, it was just a few sectors, such as Sector 18, 60, 61, 62, 63 that were looked as prospect sites for commercial and office spaces. However, this trend has changed manifolds after the inauguration of Noida-Greater Noida in August 2012.
Gurgaon being an expensive commercial real estate market has let many IT and ITeS companies shift their base to Noida. Numerous top-notch MNCs, IT companies and corporate giants, such as Adobe, Samsung India, Tata Consultancy Services (TCS), BirlaSoft, KPMG and United Health Group (UHG) have made Noida a base for their operations.
The sector along Noida-Greater Noida Expressway is home not just for companies but also for schools and colleges. Renowned schools like Delhi Public School, Lotus Valley International School, Mayoor School, JBM, Gyanshree School, and Galgotias College and Amity University, all are situated along this expressway.
Real Estate Market on Noida-Greater Noida Expressway
The real estate market on Noida-Greater Noida Expressway has come up as one of the most sought-after destinations for homebuyers aspiring for a quality living. The sky-high apartments and plush properties complemented with luxurious amenities have resulted in a great demand of real estate along the expressway.
However, with proposed Jewar Airport and upcoming Aqua Line Metro becoming a reality, the stretch of Noida-Greater Noida Expressway will witness a meteoric rise in demand for residential housing projects.
The real estate market in Sectors, such as 124, 128, 134 up to 137 is flourishing really well and offers numerous options of luxurious yet affordable properties. On the other side, Sector 150 has become the hotspot of the town. Most reputed builders like ATS, Godrej, Samridhi, Mahagun, etc have already come up with their ambitious project in this sector.