Noida: A New Hub of Affordable Housing

Noida: A New Hub of Affordable Housing

By siliconindia   |   Wednesday, April 2, 2014

BANGALORE: In recent times, Real Estate has come forth as one of the most aspired sectors, both for potential buyers and investors. This is owing to the fact that invariably there is a huge demand that always keeps the investment attractive. This demand trend has seen realty prices soaring in the Delhi/NCR region faster than the mercury and the dream of owning a house has appeared to spiral out of the reach of a common man swiftly.

noida propertyIn such times of immensely competitive pricing and apparent inflation in costs, Noida still rules the market with its promise of affordable housing to an investor. With its rapidly developing localities and seemingly never ending offerings, the avenues for aspiring house owners appear virtually limitless. New projects from builders of repute and integrity are being announced with each passing day; adding to the tally of already existing and on offer residential spaces, which has facilitated Noida in becoming the destination for an investment. Which is not only light on the pocket but also is also loaded with world-class amenities and attractive returns in most of the cases.

There is still a huge potential that this land holds and consequently, scores of projects have been announced in the upcoming years that would provide residential accommodations ranging between rs6.5 and rs8 Lakhs. Also seeing the spillover of these demand and price trends are the adjoining areas of Greater Noida and Expressway. Work is in full swing in these regions and the market is slated to be flooded with housing options; friendly to all levels of investors. The scenario is not only delighting a working middle class investor but also gratifying the needs of a low-key aspirant who is out to look for an investment option that is sustainable yet, provides the best of facilities and location advantages.

By- Vikas Raj Sharma, Jt. Managing Director, Cosmic Structures Ltd

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