Property Price Trend in Noida Expressway 2020 | Reasons to Invest Property In Noida Expressway
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Noida, short for the New Okhla Industrial Development Authority, is a systematically planned. Moreover, India city under the management of New Okhla Industrial Development (also called NOIDA). It is the existence city of Delhi, it is the part of the National Capital Region of India. Noida is located in the Gautam Budd Nagar District of Uttar Pradesh state in close proximity to NCT of Delhi. The district’s administrative headquarter are in the nearby town of Greater Noida.
Noida was rank as the best city in Uttar Pradesh and the Best city in Housing in all of India in “Best City Award” conducted by ABP News in 2015.
However, It replaced Mumbai as the second best realty destination, according to an analyst report. Roads in Noida are lined by the trees and it is considered to be India’s greatest with about 50 per cent green cover Thus, the highest of any city in India.
Noida is becoming the preferred destination for companies offering IT, ITes, BPO, BTO, and KPO services in various domains such as banking, final services, insurance, pharma, auto, fast- moving consumer goods and manufacturing.
Noida came into administrative existence on 17th April 1976 and celebrated 17th April as “Noida Day”. The city was create under the Industrial Area Development Act, 1976 by the initiative of Sanjay Gandhi . The Noida Authority is among the richest civic bodies in the country.
Property Price Trend in Noida Expressway
- Total number of properties listed in Noida expressway are 04239
- Thus, Property Price started in Noida are Rs. 80,000
- The average price price of Noida expressway is Rs. 82.95 lacs.
- Most expensive property listed in Noida Expressway is price Rs. 66.09 crore.
- Moreover, Number of localities in Noida Expressway showing an upward trend is 13
- Number of localities in Noida Expressway showing a downward trend are 20
Reasons to Invest Property In Noida Expressway
There are five reasons to invest property in Noida Expressway.
Infrastructure : The area of the Noida Expressway has a fast – developing social and physical infrastructure. Already an 23 kilo meter road connecting Noida and Greater Noida.
Connectivity : Noida Expressway is well connect to the Delhi through the Delhi – Noida – Delhi (DND) Highway and Kalindi Kunj Road, Greater Noida, Yamuna Express and Ghaziabad.
Affordability : The projects are available in sectors such as Sector 137, 143, 100, 107, 104 and 168 on Noida Expressway offer an average price of Rs. 4,k500 – 6,000 per.sq.ft.
Luxury Property : There are homes available for the high end- homebuyers as well. Moreover, several developers on Noida Expressway are coming up with high – end luxury apartments projects that cost anywhere above Rs. 2-5 crore.
Job Opportunities : There are already several MNCs place here, a large number of IT companies are also prospecting Noida Expressway in Future.