How Noida is Becoming a Preferred Destination in Real Estate :
As the Modi government has shown its commitment towards ensuring a real estate friendly environment by making encouraging policies, there is an increased level of buoyancy in the market after the arrival of the new government. As a result, the real estate market in the NCR region, especially Noida is showing a positive wave of market capitalization.
The government has already shown its commitment to allocate more funds for affordable housing, easing of FDI norms, implementation of REITs and special focus on infrastructure development.
The government has also made it clear that India’s real estate is set to touch new heights and in order to push economic growth, a special focus on infrastructure and real estate development is critical for the overall system. Moving forward, the real estate market in Delhi NCR is going to see considerable forward momentum.
In today’s real estate scenario, Noida and Gurgaon are the logical answers to the burgeoning need for quality housing in Delhi NCR region. And as a result, Noida and Gurgaon have a large set of real estate inventory and provide real estate for almost all sections of the society.
Noida is clearly coming out as a favorite destination, on account of its close proximity to New Delhi and availability of affordable real estate, which now promises better appreciation and returns on investments on the long run. And with the pace at which development is happening at Noida, real estate segment is surely moving in the right direction here and customers will continue to get better value for their investments in this region.