Noida is primarily a residential market unlike Gurgaon which has both residential and commercial properties. Fourteen kilometers away from central, Noida was established in 1976 with the goal of building a township that would be a perfect nest of business establishments and residential projects coexisting and lending to the NCR a distinct social and cultural fabric. Noida is a hub of many leading MNCs and IT software companies.
Noida is a bustling hub of budget and boutique hotels, pubs, shopping malls and retail outlets catering to varied tastes and preferences of consumers. Noida is famous for its film city’ in Sector 16A, which is home to many media establishments such as the NDTV, India TV, T-Series and Network 18. Great India Place, is one of the famous malls in Noida, having stores of all major national and international brands. For sports lovers, Noida offers many hangout options including Cricket Stadium and Budh International Circuit.
Here is an analysis of the top localities of Noida based on parameters such as pricing, infrastructure, location, future prospects, and value appreciation. This will help you to choose the best neighborhood, according to your requirements.
Yamuna Expressway is one of the upcoming localities of Noida. The area enjoys good connectivity to Delhi via the Mahamaya Flyover. With the operational F1 Track and the proposal of Delhi- Mumbai Industrial Corridor, all leading developers attracting towards Yamuna Expressway.
The area is good for long-term investors as prices are not expected to appreciate in the near future; but after 8-10 years, your investment may result in good returns.
Noida Extension is a planned residential hub having planned shopping arcades, commercial spaces and luxurious residential townships developed by premier property developers. The area offers uninterrupted connectivity to three major cities – Noida, Greater Noida and Ghaziabad. Noida Extension is a competitive market and hence, the investors can also avail of exclusive benefits offered by the developers. With many residential options available to purchase at a reasonable price, Yamuna Expressway does seem lucrative.
Greater Noida Expressway
Greater Noida Expressway is the most sought after locality in Noida, due to its uninterrupted connectivity to the commercial hub of Noida and well-developed sector 18. The proposed construction of flyovers, underpasses and a metro line also acts as a catalyst in enhancing the demand in the area. There are many sectors across this stretch that ensure a good return on investment.