Greater Noida West New Living get cheapest Residential apartments
Noida Extension Now referred to as www.greaternoida-west.in could be the hub of affordable housing from the real estate market in the Delhi NCR. With the type of development occurring here, property prices have appreciated by over 15% from the past twelve months.
Why Greater Noida West
According to experts, the way forward for this area is bright and buyers have started reaping benefits regarding appreciation in property prices. The development authorities are swiftly showing off the basic infrastructure like water, roads, and electricity. A green belt continues to be set aside for peaceful and fitness and connectivity will be smoother once Metro rolls outside in a couple of years. The area is definitely well attached to Delhi through Noida.
Compared with other places with the NCR like Gurgaon, Faridabad, etc, rapid developing Greater Noida West is well planned regarding wide roads, basic infrastructure like hospitals, schools, and educational institutions, and commercial sectors. And, with regard to price, el born area is much more affordable than every other real estate destination with the Delhi NCR.
Greater Noida West is spread over nearly 3,635 hectares (8,980 acres) which is around 4-5km from Sector 121, Noida. The road from Sector 121 will pass over Hindon river and reach Sectors 1, 2, 3, 4, 16B, 16C, 10, 12, Techzone, Knowledge Park 5, etc.
The area is buzzing with activity with almost 75 developers ready which has a slew of projects offering 1-, 2-, and 3BHK flats, villas, and floors at affordable rates. One estimate says which the developing area would potentially meet the needs of a population well over 10 lakh inside the future having an estimated 2.5 lakh built-up houses set being delivered inside next two-three years.
Price segment
Despite problems much like the recent land row over compensation from the land acquisitions because of the development authority, Greater Noida West has seen an amazing price appreciation and costs are expected to double inside the next three-five years if the entire development starts taking proper shape. Customers have seen a boost of 100% in rates.
Buyers and users who can't buy to purchase a family house or are searching for 2or 3BHK flats in Noida can easily come to this newly developing area. Here the prevailing rates of property are between Rs 2,600 and Rs 3,500 per sq . ft . and realtors dealing in the bradenton area are registering numerous transactions.
The existing Sector 32 Metro line will probably be extended nearly Greater Noida West through Sector 72. The 7km-long stretch would cost around Rs 1,400 crore that Rs 1,100 crore could well be shared from the Noida and Greater Noida authorities, based on the territory falling under their jurisdiction.
At least two stations are already proposed for being built with this line.
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