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| GREATER NOIDA, NCR hot destination for Property Investment
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| | Greater Noida promises long-term prospects and as a result it is attracting property investors from all over the nation. If somehow you are planning to invest in NCR, then it is important that you give some attention to Greater Noida as property rates are no lower and once you invest, it is for sure that you will fetch huge profits in coming years. Two years back the apartment rates were Rs 1,200 to 1,400 per square feet and now they have risen to Rs 2,300 to 2,800 per square feet and the average being Rs 2,500 per square feet. Some of the prominent developers who have projects in Greater Noida are Omaxe, Parsvnath, Unitech, MSX, and Eldeco.
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If we compare today's per square metre prices of plots with two years ago then we see that the rates two years back were Rs 10,000 and now Rs 25,000. Although today the prices are rising but if you plan a long- term investment then it's only the huge benefits that are waiting for you.
There are few features which make Greater Noida class apart from other NCR Regions. First among them is its connectivity. Greater Noida is well connected to Delhi ant drive to Delhi is congenial and unhindered. Second being the infrastructure, which is the most outstanding aspect of Greater Noida. Authorities of Greater Noida plan the infrastructure in advance so that the action is uninterrupted. The noticeable changes that have taken place are much wider roads and the roundabouts have a green cover. All sectors- residential, commercial and educational have been differentiated to give Greater Noida a more organized look. The third feature is the most attractive and it is that employment opportunities are increasing at a tremendous rate. It is emerging as an IT, ITES hub. Big companies Wipro and ST Microelectronics are opening their businesses here and that will increase employment rate tremendously.
Indian Exposition Mart was opened to increase import export of handicrafts and serve as host to B2B expositions. Daewoo Motors, Escorts Yamaha, Holland Tractors and Honda Siel Cars have set up their manufacturing services here.
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