India’s urbanization is picking up speed, which is affecting real estate development and investment. With the expansion of new business districts, residential markets are also gaining an increasing number of buyers. This is especially evident in residential villas in Noida & Greater Noida. The Delhi NCR of India is the hub of India’s IT boom. According to the 2022 version of Emerging Trends in Real Estate Asia Pacific, put out by the Urban Land Institute, Noida & Greater Noida and Mumbai are top-ranked cities for prospective buyers, as well as investors. Most home buyers find Noida & Greater Noida a perfect place to settle. This is mainly due to the strong macro-dynamics in this city. 3BHK luxury villas in Noida & Greater Noida are some of the most popular residences in the city. Gaur city 2 apartments / Gaur Mulberry mansions price / Gaur city 1st avenue price
Experts say that Noida & Greater Noida has a stable real estate market with steady prices. This is because the real estate market hasn’t seen any violent fluctuations or crashes, which could bring about negative sentiments. The head-marketing of residential, Phoenix Mills Ltd. says, “Residential sales in Noida & Greater Noida has seen stable 9-10 percent growth in the past two years, in spite of subdued markets. At the same time, prices have not only been largely stable, but also few regions have witnessed considerable use in prices due to the presence of a limited number of players, catering to a market with higher demand.” The sprawling world-class engineering and medical colleges in the city and nearby areas, ensured a smooth career growth for his children. The affordable property prices and easier rent-out investment were just an added bonus. According to commercial real estate agents Cushman and Wakefield, “Noida & Greater Noida has been a stable market that has witnessed gradual increase in capital values, however average rental yields are comparatively better ranging between 2-4 percent as compared to cities like Mumbai where yields are about 1-3 percent. For investors looking for a less volatile market with long-term horizon, Noida & Greater Noida provides an attractive investment option. There is minimal loss of rental income as duration to identify or replace tenants is low. There has been investor interest for capital appreciation as well, especially in certain submarkets of Noida & Greater Noida.”
The chief business officer of real estate builders, says that Noida & Greater Noida is definitely an investment hotspot, whether it’s for short-term, or long-term investors. He also said, “Noida & Greater Noida recorded 13.43 million sq. ft. of office space absorption and 12.85 million sq. ft of new construction, which was the highest in the country.” From an investment point of view, Noida & Greater Noida is advocated as one of the most stable real estate markets for serious investors. It is also a very attractive option for investors looking for a long-term investment in a less volatile market. The rental income also suffers minimal loss as the duration period of acquiring new tenants or replacing tenants is quite low. Noida & Greater Noida is one of the most important commercial hubs of India, and is still one of the best cities to invest in. Find the best areas to invest in Noida & Greater Noida, and invest in your dream home!