New Property In Noida

Salient Facts of Property Growth in Noida

IT and ITES firms developing in Noida and areas around has surely led to more and more people planning to make the city their abode. Consequently, commercial as well as residential projects have flourished leading to a well-developed real estate sector. More and more people are getting attracted toward the city, because of increasing employment avenues. The growth in real estate sector has been so immense that influential builders from Delhi region are also focusing on Noida.

Let's have a deeper look at salient facts of residential property in Noida

Basic features
Residential property in Noida and the areas around are usually in the form of plots, luxury villas, lofts, flats, and group housing. The city is divided into sectors and every sector has some major attractions in addition to the housing projects. Projects like Lotus greens sports city offer 2/3/4 BHK apartments, where affordability is merged with luxury, focusing on the middle class people. Lotus greens sports city Noida is situated at Sector 79, offering modern architecture with sports facilities.

Residential property development
Economic growth, liberalized FDI, and favorable demographics have fueled growth of real estate sector in India, especially in Noida. This has led to many institutional investment options, residential as well as biological technology development being developed in the area. Projects like Lotus Greens Sports City Sector 79 are a perfect example of this development. Moreover, shopping malls, multinational firms, and driving distance from Delhi add to the glamour of the city.

Factors contributing to development
Many factors can be credited for development of different residential as well as commercial projects in Noida. Lotus greens Sports City Noida is perfect example of projects which possess all the factors which attract public toward it. Because of augment in the prices of residential projects, many people find it a profitable option for investment. In fact, as per recent statistics, many Non-resident Indians are investing more and more in these residential projects. Being a satellite project, the city has become a hot spot for foreign direct investment. Each year, many IT professionals are coming to buy residential plots as well as house in Noida, leading to a rise in demand for housing projects in the area.

As per a recently released report, India has come among top 20 countries, where real estate projects have grown magnificently and Noida is the place where most of these growths have taken place. The most happening hub for property growth, Noida has left all major cities behind.