Noida Extension or Greater Noida West has emerged as a real estate development hotspot in the NCR. With over 200 projects currently under construction, homebuyers have a plethora of options, whether they want 2 BHK flats in Noida extension, 3 BHK flats, or larger configurations. The demand for residential property in Noida extension is expected to skyrocket in the coming years as the pace of construction accelerates and the region gets more and more developed.
The region has emerged as a popular destination for homebuyers. Greater Noida West has a plethora of new projects. CRC Sublimis, for example, has 2 and 3 BHK flats for sale in Greater Noida West. So the question is, Is it worth buying a flat in the Noida Extension now for a 10-year investment purpose?
Why is buying a flat in Noida Extension a good future investment!
Leading real estate developers such as CRC, ATS, Gulshan, Ace Group, and others are working on luxury projects in the Noida extension. The presence of large developers offering ready-to-move flats in Noida extension is a significant reason for buyers to invest in this area.
Infrastructural facilities
The infrastructure of Noida Extension has been planned with a 30-year vision in mind. The main roads have a width of 120 meters, while the internal sector roads have a width of 45-60 meters. Shopping malls and other commercial spaces are being built at an alarming rate. In Noida Extension, there are hospitals with modern facilities and numerous good schools. Office space is rapidly expanding and attracting a large number of large corporations. As a result, high-end infrastructure is a compelling reason to purchase a home in Noida extension.
Road Connectivity
Noida Extension is well connected to Noida, Ghaziabad and Delhi and the rest of the Delhi-NCR region. Because of its proximity to the Aqua Line Metro, it is easily accessible from all surrounding areas. Noida Extension is also conveniently located near five expressways, including the Noida-Greater Noida Expressway and the Yamuna Expressway. In the future, the upcoming Jewar Airport will eliminate the need to travel to IGI airport. Overall, good connectivity is another excellent reason to purchase 2 or 3 BHK flats in Noida extension, as well as a villa or penthouse.
Affordable residential properties
Because property prices are expected to rise in the coming years, now is the best time to buy a flat in Noida Extension. The starting price for 2 BHK flats in Noida Extension is Rs. 50 lakhs, while the starting price for 1 BHK flat is Rs. 30 lakhs. The starting price for 3 BHK flats in Noida extension is around Rs. 70 lakhs. The starting price for 4 BHK flats is around Rs. 1 Crore. The developers provide a variety of low-cost options without sacrificing amenities.
BOTTOM LINE
As infrastructure development accelerates, more and more sectors will attract large developers to build housing projects, expanding the options for homebuyers in the Noida Extension. So, to sum up, as we can witness from the past, when a city develops and grows, rates also go up for those particular properties in that area and vicinity. A 10 years investment horizon is a long time, and we are sure that the returns on investment will be substantial.