Residential growth in Greater Noida West, various infrastructural developments such as the commercial sectors, retail space, SEZs, and hospitality industry have all taken the Greater Noida West locality to greater heights.
Areas like the Tech Zone, KP3, and KP5 have also established various industrial set-ups in the area located close to the India Expo Mart. All of these areas are in close proximity of the Yamuna Expressway, which is the link between Delhi and other cities like Agra, Lucknow, etc. Connectivity is not all Greater Noida West is one of the most planned neighborhoods of the whole Delhi/ NCR region.
The land problems that surrounded the area have now been sorted out. This has encouraged a number of renowned developers to start construction here on full swing. The location advantage and rise in new launches, property demand has transformed the sentiments of both buyers and developers. The people who once bought houses here but had left it because of the uncertain future are now reaping extremely high rate of interests from the same properties.
According to Insight, a quarterly real estate report by 99acres.com, Greater Noida West has shown a constant growth of around 3% since the last many quarters of 2014. The credit behind this growth has been given to connectivity, upcoming metro routes, and an increase in new project developments in the locality. The growth seen by this locality has increased the demand for the units here making it one force to reckon with in the whole Delhi/NCR.
Seeing the new found stability and the rising demand, a number of developers have started booking area and launching their projects here. The two famous builder groups to have launched their new projects here are:
- Ajnara Group
The renowned builder group of properties Delhi NCR area, Ajnara Group, has recently announced the launch of their new project in Greater Noida. Marketed as Ajnara Sports City Villas, they are offering 2 to 4 BHK apartments of 895 to 3115 sq. ft. area in the price range of Rs. 24.03 Lac to 1.01 Crore. Amenities they are providing to the occupants include swimming pool, gym, multipurpose hall, cafeteria, Wi-Fi connectivity, play area, and sports facility, etc. are at par with the global development standards and aims at offering maximum comfort to the property owners.
The combination of large area, locality, and affordable rates are the prime reasons behind the increase in sale in this much-awaited project.
- Nirala India
Another premium realty brand of Delhi/NCR, Nirala India, has also launched their new project in Greater Noida West. Branded as Nirala Estate, they are offering two to four BHK apartments of 955 to 2320 sq. ft. area. Priced in the range of Rs. 29.65 Lac to 80.2 Lac, they are offering a number of amenities there. Some of the main ones of them are meditation center, daycare center, gym, swimming pool, play area, open space, paved compound, etc. among many others.
Tech Zone area of Greater Noida West is emerging as one of the most ideal places for property investments. The high rate of appreciation, connectivity, and increase in number of new projects and infrastructure developments are the prime reasons attracting the property seekers here. Considering the growth now would be a great time to make an investment here.