Noida’s real estate market has grown a lot over the years, mostly because of strong building improvements. Noida used to be seen as an extension of Delhi, but now it’s its own city hub that draws people looking to buy homes, trade, and do business. This blog post will talk about how infrastructure projects have made Noida a popular place to buy property, creating unmatched growth possibilities.
The Growth of Noida: A Proof of Good Planning
Noida, whose name comes from the New Okhla Industrial Development Authority, was built in the 1970s as part of the Delhi NCR.Over the years, Noida has grown into a top city, thanks to its great location and forward-thinking plans for city growth. Modern road networks, metro links, and big projects planned for the future are all big parts of this change.
Important construction projects are making the real estate boom in Noida possible
The Yamuna Expressway helps housing and business grow
There have been a lot of changes in Noida’s rental market since the Yamuna Expressway was built. It’s over 165 kilometers long and makes the trip from Noida to Agra a lot faster. A lot of people want to live in that area because the highway has made business parks, neighborhoods, and industrial parks bigger. A lot of people like living in 128, 150, and 152 because they are close to the road. Rich people from all over the world and big builders like ATS and Jaypee have moved into these high-end projects.
- Making the Noida-Greater Noida Metro line longer
People in Noida and Greater Noida can get around more easily now that the Aqua Line metro is there. Now that places are only minutes away, people used to think they were far away. This has caused property prices to rise. Investors looking for high rental returns can make a lot of money in the rental market now that it is more connected.
- The Jewar Airport is a big deal for business
The New Jewar Airport is one of Noida’s most important building projects. As soon as it opens, it will be India’s biggest airport. The area will be different when this airport opens in 2025. It will bring in businesses from all over the world, more tourists, and people who want to buy homes and companies. A lot of homes are already being bought in Jewar, Dankaur, and some parts of the Yamuna Expressway, which are close by. To cash in on this trend, builders are making homes, villas, and business spaces that are cheap and will work in the future.
- It is easy to get to places with the Eastern Peripheral Expressway
There are no problems getting from Noida to Ghaziabad to Faridabad on the Eastern Peripheral Expressway, which goes all the way around Delhi. This has sped up travel and cut down on traffic, making it easy for people going to Noida for work or for fun. This expressway has helped industry zones and logistics hubs the most, bringing in investors and builders.
How infrastructure affects the values of homes
Better connectivity
Building new roads and bridges has connected central Delhi to Noida, making the latter a good option for people who want to buy a home. In many places, house prices have gone up a lot because of better connections. In the last five years, prices in sectors 74 to 79 have gone up by more than 20%. This is because of plans to build expressways and make the metro bigger.
Increasing business activity
Noida has become a commercial powerhouse thanks to the growth of business parks, IT hubs, and retail areas. Companies like TCS, Infosys, and HCL have set up shop in Noida, which has increased the demand for homes for their employees. Also, business properties in areas like 62, 125, and 135 have become great places to invest.
An increase in tourism and room service
Noida is going to become a major hub for business and tourist travel now that Jewar Airport is open. This is the reason why there are more projects for hotels, serviced apartments, and leisure zones. Real estate markets grow when projects like these happen, and buyers have a choice of what to buy.
What impact infrastructure has on everyday life
150th Highway
It has grown very quickly because it is close to the metro and the Yamuna Expressway. It is known as Noida’s cleanest sector. Premium housing buildings with world-class amenities have been built here by developers like Godrej Properties and Tata Housing. In the last three years, property prices in Sector 150 have gone up by almost 30%, making it a great place to buy.
Area Around Jewar Airport
When news of Jewar Airport came out, there was a huge increase in home sales in the areas around it. People who want to buy homes and spend have become interested in projects like Gaur Yamuna City and ATS Infrastructure’s ventures. Business can move to the airport, which will create thousands of jobs. It will be a hub for future growth.
What Will Happen in the Future?
Infrastructure changes have helped Noida’s real estate market, but there are still problems like traffic jams, environmental issues, and projects that aren’t finished on time. To keep growing and making more money, these problems are need to be fixed. The real estate market in Noida will grow even more over the next few years. It will be tempting for people to buy homes near the Delhi-Mumbai Industrial Corridor (DMIC) and the Film City project.
Conclusion
Making changes to Noida’s facilities has helped it become a popular place to buy a home. Expanding the subway, the Yamuna Expressway, and the Jewar Airport have not only made it easier to get around, but they have also made room for more people to live, work, and play. It’s cheap, easy to get to, and Noida has a lot of potential for the future, so it’s a great place for businesses and shoppers. At Ultra Investo Reality, we know how the real estate market in Noida works and how it changes.Everyone on our team is always ready to help you find your dream home or a safe investment.
Get in touch with us right away to take advantage of the services that are making the city grow. Look at the best Noida homes right away.
