Delhi, the country’s capital, has grown fast in the last two decades, and as a result, there is little room for good infrastructure development. That is why, in Greater Noida West, one of the most promising places in the NCR in terms of future real-estate investment, mega-scale development projects are being planned.
Why is Greater Noida West a future real estate hub?
In Noida and Greater Noida, there are around 2.5 lakh ready-to-move-in units. Furthermore, there are 2,000 projects now under construction, with approximately 1.44 lakh units apparently blocked in Greater Noida and Noida. The region is expected to see a real estate revival as the government works to complete these projects, setting the door for robust investment opportunities.
Greater Noida West has a well-developed infrastructure that has the potential to generate ASSURED RETURNS on commercial assets in the future. Future developments that are the most advanced and modern are being planned all throughout Greater Noida West, notably near the sports city on the Yamuna highway.
- F1 racing track facing
- Cricket stadium
- Hockey stadium
- 18 hole golf course
- Leading and recognized operational universities in the region.
- 9+ universities approved for development
- Jewar International Airport and more.
Most popular rental and residential hubs in Greater Noida West
In recent years, Noida and Greater Noida have grown in popularity due to their affordability and plenty of housing stock. Greater Noida West, often known as Noida Extension, is quickly becoming one of the hottest real estate markets in the NCR (NCR). Competitive residential prices and new connectivity links are the primary growth drivers here.
The area is estimated to have around 3.5 lakh under-construction housing units, of which around 40,000 are occupied. To address the needs of these residents, a few commercial centers such as CRC Sublimis, are coming up in the area. The region has already started emerging as a lucrative commercial area as many small and medium enterprises (SME) are setting up their offices here.
CRC Sublimis, a promising affordable housing project is located at Sector 1, Greater Noida West (Noida Extension). It is a skillfully built residential property with all of the required modern amenities and services, and it is the perfect example of today’s contemporary age. CRC Sublimis, offers affordable luxury through their 2-3 BHK apartments ready to be officially open for possession in 3-4 months.
Why should you invest in Greater Noida West?
In comparison to downtown Noida and Greater Noida, Greater Noida West has become one of the most sought-after real estate sectors. The average capital value of residential units in the region is currently between Rs 4,000 and Rs 5,500 per sq. ft.
- Projects by mega-scale developers
Prominent real estate developers such as CRC Group, ATS, Saya, and Gulshan are developing affordable residential options with adequate amenities in the area. Greater Noida West is also witnessing an influx of mid-income buyers who are working in neighboring areas such as Noida Expressway and central Noida.
- Connectivity & Road Infrastructure
Greater Noida West is well connected to the NCR’s most important sites. A 130 m wide road connects the neighborhood to the Noida City Center metro station, which runs parallel to various sections of Noida. The following are essential routes that connect this region to vital areas of Delhi NCR:
- National Highway 24 (NH 24)
- Noida-Greater Noida Expressway
- DND Flyway
- Yamuna Expressway
The connectivity to Ghaziabad (presently nine km away) and Faridabad (currently at a distance of 37 km) will be further enhanced by the upcoming Faridabad-Noida-Ghaziabad (FNG) Expressway.
- Well-planned Civic Infrastructure
Greater Noida West is positioned as a well-planned residential sector in the Greater Noida Master Plan 2021. It is planned to feature a well-developed municipal infrastructure, including an excellent road network, drainage, sewerage, water supply, and underground power infrastructure, spread over an area of 9,000 acres.
As per the Greater Noida Master Plan 2021;
The region’s road network was designed with the fewest possible traffic lights in mind. The sector roads have a minimum width of 12 meters, which is higher than in Gurgaon. Furthermore, the area is expected to include 22% green space, the highest in the NCR so far.