Greater Noida: A Blooming Profitable Investment Region in NCR

Greater Noida started as a small city on the periphery of Delhi NCR, and now it has become one of the biggest players in the real estate industry. Still, the question is whether it's the best region to invest in. Well, we will discuss the important things that make Greater Noida a favourable investment centre in NCR.

Why Choose Greater Noida For Investment Purposes?

Excellent Social Infrastructure

Greater Noida has a well-planned and quality social infrastructure, thanks to several high-prestige institutions, famous schools, top universities, multi-speciality hospitals, parks and shopping malls. Widely famed popular educational institutions like Jaypee University, Noida International University, and Galgotias University boast excellent education, whereas hospitals like Max Super Specialty Hospital, Yatharth Super Speciality Hospital, and others are drawing pride from top-notch medical services.

Strategic Location and Connectivity

Located on the Noida Expressway and Yamuna Expressway, this city provides hassle-free connectivity to Delhi, Noida, and other important locations in NCR. The rapid construction of the Jewar International Airport serves as the newest landmark of the district's reputation as a well-connected hub.

Planned Development

Greater Noida is uniquely laid out, with great attention to details like broader arterial roads and extra spaces for future developments. The emergence of shopping malls, retail centres, and commercial plazas characterises it as a lively, entertaining, and happening area.

Government Initiatives

The Government aims to facilitate the development of the territory by undertaking initiatives such as the upcoming Leather Park, Film City, Medical Device Park, and Toy Park in Jewar. These initiatives are extensively expected to increase economic activity in the whole region and positively impact real estate.

Investment Opportunities for All

Greater Noida has helped investors with different investment preferences ranging from affordable to luxurious housing. Whether you're a seasoned investor wishing to fetch exceptional rental income or a first-time homebuyer looking for the best property in Noida Extension, there's something for everyone:

Mid-range to High-end Housing: Greater Noida offers multiple housing selections, from premium apartments to small living spaces catering to middle-class needs. You can select from a wide range of houses that meet any standards you may want, like proximity to your workplace or a secured gated estate.

Homebuyer Friendly: The rise in the demand for good housing has established popular builders in Greater Noida. Renowned names such as Gaursons have introduced Gaur City 7th Avenue in Noida Extension, which is a favourite among homebuyers looking for affordable residential investment opportunities and access to amazing infrastructure.

A Town Full of Benefits

Luxury Brands Beckoning

It's an upgrade for high-flyers! Greater Noida is already home to a few chic luxe brands that cater to a select clientele of HNIs (high net worth individuals) and UHNWIs (ultra-high net worth individuals). It seems that this movement will be there forever, with more renowned brands opening up each year and contributing to the thriving top-tier retail sector of Greater Noida. Entertainment options are also thriving as a broad array of leisure activities are available to residents of this area.

Data Center Hub Attracting Big Businesses

Revolutionary technocratic companies are eagle-eyed about Greater Noida's growing significance in the tech sector. The region is gaining a reputation among data centre hubs, with companies looking to store their valuable data here.

A whooping ₹ 22,000 Crore investment has been sanctioned for setting up their data centres in Noida and nearby regions, which will directly increase the demand and prices of premium office spaces in the region.

A Flourishing Job Market

Tighten your seatbelts - Greater Noida is becoming the next employment hub after Gurgaon and Noida. The mobile manufacturing industry in Greater Noida is the major source of job prospects, thanks to its exponential growth. The region is fetching compliments from top IT and ITES companies, as it is offering them a platform to set up their bases and enjoy quality infrastructure.

The Knowledge Parks in Greater Noida West are another attractive thing that brings in professionals and reinforces an innovative spirit. Besides this, motorsport fans also have a lot to cheer about, with the Formula 1 track on the Yamuna Expressway making the area even more dynamic. The broad industrial spectrum opens a world of job opportunities for those wanting to upgrade their skills and create a bright future.

Infrastructural Developments Fueling Connectivity

Metro on the Move: Amazing news for daily travellers! The future metro expansion in Greater Noida would not only reward the already excellent location near Delhi but enhance it. The Metro Phase 2 from Sector 71 to Knowledge Park 5 is nearing completion. The 19-kilometer extension of this line, besides linking the Greater Noida areas to the Blue Line, will also significantly increase intercity connectivity. Just be ready for a good impact on Noida's residential market, too.

The Jewar Airport Advantage: The upcoming Noida International Airport in Jewar is definitely a turning point for Noida and Greater Noida's real estate scene. While the current real estate property prices in both cities have taken a dramatic turn on the positive side, they could spike significantly with the airport's completion. The current market situation is offering the best opportunity to invest in Greater Noida real estate for promising returns in the near future.

Big Players, Big Investments

Do you know what's the exact potential of Greater Noida's real estate market? And how would you begin your investments? Here's another compelling reason to dive right in: the presence of established giants making substantial investments in the region. Let's check out a few examples here:

• Bollywood filmmaker Boney Kapoor's Bayview and Noida-based Bhutani Infra have sanctioned around Rs 1,000 crore to Rs 1,500 crore to develop the Uttar Pradesh government's International Film City project, which will cover 1,000 acres.
• The Delhi—Mumbai Industrial Corridor Development Corporation (DMICDC) is one of the key factors bringing further investments to the region. They have commenced offering land plots to investors at very reasonable prices. Although the prices go up and down according to demand, the prospects for leaps cannot be doubted.
• Dixon Group and Addverb, a global robotics and automation company, are ready to invest Rs 500 crore and Rs 640 crore in Greater Noida.
• Advance Compusoft is investing Rs 1,000 crore to develop a 25-acre IT and commercial park in Greater Noida's Techzone 4.

These are only a few of the many big players coming to Greater Noida. With these reputable brands endorsing the same market, you can be sure that this real estate market will yield great returns on your investment.

Is Greater Noida the Right Investment for You?

Before investing, consider what your personal goals are and how much risk you can handle. Below are some additional aspects to keep in mind:

Project Research: Research the developer's reputation, project approvals, and construction quality before investing money.

Long-term vs. Short-term: Greater Noida is a promising prospect for patient investors. Property values are predicted to increase in a stable manner over time. Other choices should also be considered if you're only interested in short-term profits.

Rental Market Potential: If you are considering renting out your property, check the rental potential of the chosen area. Closeness to workplaces and educational institutions influences rental income yield.

Concluding Thoughts

Greater Noida's dramatic shift from an unknown town to a real estate hub is beyond doubt. The city's excellent infrastructure, burgeoning job market and high commitment to development make it a worthwhile investment opportunity.

Whether you are an experienced investor or a first-time homebuyer, the city has something for you. From luxurious penthouses to affordable 2 and 3 BHK flats for sale in Greater Noida, you will surely find something that suits your needs and budget.

So, are you willing to be a part of this thrilling experience? Research several areas, tour different properties, and make the best judgement. Greater Noida is the place to have your dream house or a profitable real estate deal.