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One of the sought after housing destinations is Greater Noida Expressway

By Sanjay Kumar Subscribe to RSS | July 23rd 2012 | Views:
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The Greater Noida has become one in every of the foremost sought-after destinations for owning a house. Especially, when the F1 Race that was held here, the real estate activity on Greater Noida has gained a lot of momentum.

As per a real estate developer, F1 entails scores of movement of individuals from all across the planet, it'll give them a lot of required impetus to land activity within the region, especially, Ghaziabad, Noida and Greater Noida. Hospitality business, housing yet as retail can take pleasure in this activity.

With F1 the real estate during this a part of Delhi NCR entered the new part and not solely land developing around the track however the whole expressway is benefited. Since then the expressway started working, the real estate round the stretch has seen tremendous response.

The demand for luxury offerings has additionally increased. Expressway’s being positioned in Greater Noida, an area that has each amenity required for smart lifestyle, individuals have grabbed each chance thrown open by the stretch.

Greater Noida is witnessing the quick pace construction activities. It is less complicated to draw in customers for residential property in Greater Noida located on expressways as they supply smart connectivity to nearby areas. Greater Noida has lived up to the image and has since seen several families shifting to Greater Noida and to property on the expressway therefore breaking the concern of the many those that these 2 places are far-off. And also the concern was dispelled by none aside from the Expressway itself.

Greater Noida, because of its simple accessibility from the capital and different suburbs, offers a strategic location, embraced by metro station, residential and commercial complexes, schools, colleges and hospitals.

And this can be the explanation that folks have an interest during this space. It is less complicated to draw in customers for residential property in Greater Noida located on expressways as they provide smart connectivity to nearby areas. Greater Noida has lived up to the image and has since seen several families shifting in flats of Greater Noida.

Currently to possess a house during this space goes to be the ‘in thing’. Realty property here is ready to witness smart appreciation, that may be a common phenomenon in real estate because the sites falling in and around the place of worldwide event witness huge response.

A common phenomenon in Greater Noida real estate is that sites falling in and around the place of worldwide event witnesses huge response and brings in premium property name. Specialists believe that the track alongside the standard property arising within the space can have a positive impact on realty market here. It's expected that property costs can go up by 20 percent or a lot of in close to future. With several luxury hotels additionally arising here the market is incredibly smart for luxury housing additionally. We are able to say that luxury hotels are attending to come back as a result of the stretch has a number of excellent luxury residential property in Greater Noida. The connectivity part is that the most significant and most publicized side, that is indeed the real crux of housing on this stretch.

Overall, there are healthy levels of absorption trends observed for residential projects arising along the Expressway. On Greater Noida Expressway, residences are on the market within the vary of rupees twenty eight to forty five Lakh for two bedroom, Rs 45 to 80 Lakh for three bedroom and Rs 80 lakh to 2 crores for four bedroom residences.

Sanjay Kumar - About Author:
PropTiger is an independent real estate advisor with a pan-India presence. We aspire to be your first port of call if you want to buy a residential Property in Greater Noida.

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