Investment In 3 BHK Flats In Noida- A Fruitful Option

Investment In 3 BHK Flats In Noida- A Fruitful Option

By siliconindia   |   Monday, July 29, 2013   |    2 Comments

This article is about how demand for property in Noida is increasing and why 3 BHK flats in Noida are a good investment option.

With housing space shrinking in Delhi-NCR, the two satellite cities of Noida and Gurgaon have emerged as real estate hotspots in recent years. These two cities are expanding and developing rapidly. With steady growth and development, the real estate industry in Noida and Gurgaon is also making rapid strides.

Investment is real estate has proved to be a safe bet for investors even in the wake of global financial crisis. With Noida emerging as a real estate hotspot, investors are coming forward to invest in property in this satellite city.

What makes Noida a real estate hotspot: Infrastructure and connectivity are determining factors when it comes to real estate investment. Noida is close to Delhi and well-connected with the rest of the country. Roadways connectivity in Noida is strong. The three expressways – DND Expressway, Yamuna Expressway and Noida-Greater Noida Expressway ­– have well-connected Noida with Delhi and other NCR regions. The Indira Gandhi International Airport in Delhi is also located close to Noida. All these factors have contributed to the increased demand for property in Noida. Moreover, Noida has a planned infrastructure, which is improving by the day.

Noida has also become a hub for international companies which outsource IT services. With job opportunities galore in Noida, professionals from other parts of the country have moved here in search of a good career. This has created the need for more and more residential living space. Thus, residential property is in much demand in this city, besides commercial property.

Keeping the rising property demand in mind, real estate developers are leaving no stone unturned to present home seekers with living spaces that have all the facilities to make life luxurious, comfortable and stylish.

Real estate developers are losing no time to launch residential housing projects. The residential flats in Noida which have been newly built have top class amenities. The demand for a flat in Noida in high is sector 18, sector 25, sector 32 and sector 61.

More and more townships, commercial establishments and shopping malls are going to come up in Noida, More infrastructural development is on the anvil. Many tourism and entertainment projects have also been taken up. These factors further make Noida an attractive real estate investment hub.

Price of Noida property is increasing. The appreciation in property prices in Noida is 30 per cent annually.  This is indeed the right time to invest in real estate projects in Noida.

When it comes to investing in residential property in Noida, investing in 3 BHK flats is an attractive option which promises good returns. Prices of 3BHK flats start from rs90 lac- rs1crore.

These apartments boast of splendid amenities like 24 hour water supply, power back-up, security, gym, swimming pool, RO water system, intercom facility, fire alarm, centrally air-conditioning, Feng Shui/ Vaastu compliant, parking facility, maintenance staff, rain water harvesting system, golf course and cafeteria.

Prices of 3 BHK flats in Noida are high and are expected to increase further. Indeed, 3 BHK flats present a fruitful investment opportunity in Noida.

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