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Sam India Noida

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If there is one place in the National Capital Region (NCR) that offers something to everyone, we could safely say that it is the New Okhla Industrial Development Authority. Popularly known as NOIDA, the bustling city on the periphery of Delhi is one of the largest planned industrial townships in Asia. &nbsp;Fourteen kilometers away from Central , Noida was established in 1976 with the goal of building a township that would be a perfect nest of business establishments and housing projects coexisting and lending to the NCR a distinct social and cultural fabric. Noida has come far in the four decades since it was set up. Even as high rises touch its skyline and the Metro cruises through the city to make commutes easier for its populace, Noida also offers what big cities usually offer at a premium: affordable property.
Why property in Noida consistently plays on the imagination of home buyers and industrial houses when it comes to real estate investments, is a question that has multiple answers. We explore the many facets of Noida that put it in an enviable position among all the cities in the NCR.&nbsp;
Infrastructure: Enabling Business and Living &nbsp;
The infrastructure in the city, we could say, is excellent, if we go by the sheer number of industrial houses, educational institutions and healthcare facilities that exist here. We all know that this wouldn&rsquo;t be possible without good roads and rapidly emerging highways, as these are the basics that provide the industrial houses supportive environment for business. Noida already has plenty of them, including large software companies such as the TCS, WIPRO, IBM, Accenture and HCL Technologies. Many other industrial houses such as the GAIL, ICMR, BHEL, NTPC, IBP, and FDDI have also chosen Noida as their preferred destination to do business.&nbsp;
Clearly, the NCR township has been a fast mover in terms of its growth as a favored destination of the multinationals looking to set up business or invest in property in Noida. This growth story has also brought a sizeable number of working professionals to buy or rent homes here. The demand for housing has shot up in recent years, spurring real estate investments in the region and the rapid construction of high rises corresponds to the growing needs of its population. Another positive consequence of this has been the growth in supporting infrastructure such as the mushrooming of schools and hospitals. Noida today has a number of reputed educational institutions including the Genesis International, Step by Step, Lotus Valley, Pathways, Kothari International, Khaitan Public School and Galgotias.&nbsp;
If you have children looking to enter college, Noida also offers plenty of good options in terms of higher education. Institutes such as the Amity University, Galgotias, ia Institute of Management, IMS, Jaypee Institute of Information Technology, and JSS offer a range of courses to provide students a wholesome education. Your health needs are also just a few steps away in Noida with reputed healthcare chains operating their branches in Noida. Among the reputed one include the Apollo Hospital, Fortis hospital, Max hospital, Medicare Centre and Kailash hospital.
Cities are also a lot about what their neighborhoods and shopping hubs are. Noida sure has plenty in number, making it a prominent afterhours destination for people across the length and breadth of the NCR, including Delhi. Sector 18, also known for the hip `Atta Market&rsquo;, is a bustling hub of restaurants, pubs, and retail outlets catering to varied tastes and preferences of consumers. Much of the buzz in the market is also fed by the adjoining `Film City&rsquo; in Sector 16A, which is home to many media establishments such as the NDTV, India TV, T-Series and Network 18. Another landmark in the area is the Great India Place, a prominent mall with stores of all major national and international brands. For leisure and business needs, Noida also offers a host of budget and boutique hotels as well as service apartments. Some of the luxury hotels in Noida include the Radisson Blu, the Park Plaza and the Hyatt, among others. For people interested in sports, Noida is often the preferred hangout for a number of sporting venues such as the Cricket Stadium and the Buddh International Circuit where regular sporting and recreational events are held. &nbsp;&nbsp;
Besides the glamour of its malls and shopping complexes, Noida is also the hub of affordable housing. Owing to its proximity to Delhi, a number of people have chosen to settle down in Noida and commute to different parts of the capital and even within Noida for work. While greater demand for housing has pushed the prices up for property in Noida, the appreciation however has been steady, thus keeping it within the budget of the middle classes. Most houses on offer here come in the sizes of 540 sq. ft. to 9000 sq. ft. The prominent builders coming up with attractive residential projects in the area include Greens, Jaypee Group, Limited and Group.
However, for those with even more limited financial means, property in Noida comes with an affordable tag. Many parts of Noida are close to villages like Harola, Chaura, Nithari, Barola and Sultanpur, where people from weaker economic sections can afford homes. Prices for property in Noida can vary significantly depending on location, quality and size of project and amenities, thus offering something for everyone.
 Metro, the lifeline of Noida&nbsp;
Metro is the lifeline of thousands of office goers in Delhi and this by no means is an exaggeration. The excellent connectivity that the service offers is now also linking various sectors within Noida and to various parts of Delhi and the NCR. For the record, Noida is the first suburb of Delhi to be connected to the Metro line. Currently, Noida has six Metro stations covering Sector 15, Sector 16, Sector 18, Botanical Garden, Golf Course and City Centre. The Metro line also connects Noida to Connaught Place in Delhi through Barakhambha Road, IP Estate and Akshardham Complex. The Metro line also connects Noida to areas in the NCR including Vaishali through the Yamuna Bank interchange station and parts of East such as the Enclave, Mayur Vihar, and New Ashok Nagar. &nbsp;As is the case with excellent transport networks, the daily operations of Metro rail has raised real estate prices in Noida and the same is expected for Greater Noida, which is soon likely to have Metro connectivity. If this happens, the commute between Noida and Greater Noida would not only be shorter but also more convenient, further raising the price of property in Noida.
Highways: Connecting Cities
Highways lend life to cities. Imagine getting stuck on a congested road for hours while returning home from work and missing the movie date with your family? The number of highways that connect Noida to various parts of the NCR mitigate such worries, thus making work-life balance an achievable target for office goers in Noida. If you live in South and come to work in Noida, the DND Flyway is the route you would prefer. The highway connects Maharani Bagh in South to Noida and cuts down the average commute time to Delhi by 15 minutes.&nbsp;
Sector 62 in Noida, which is the hub of several IT companies, is connected to Vihar ISBT in Delhi through National Highway (NH 24) and is about 24 minutes away. While is located further up the Expressway in Noida, it is very well connected to Noida through the - Expressway. This Expressway is also linked to the 150-kilometre long Yamuna Expressway that connects Noida to Agra. Yamuna Expressway, a six-lane access controlled Expressway, is popular of late for developments in real estate.&nbsp;
Property Trends &nbsp;
As is connected to Delhi and offers more affordable real estate, it continues to be a prominent residential and commercial area. Though the price of property in Noida has been appreciating over a period of time, it is still cheaper when compared to other parts of the NCR. According to a report from the PropTiger Data Labs, the weighted average BSP (Rs /sq. ft.) of apartment units in Noida in December 2014 was 4,475 and in Greater Noida, it was 3,485.&nbsp;
So, what are you waiting for? Make a move to Noida today.
Property rates in Noida have risen by upto 80.0% in last 6 months.
Some of the recently launched projects in Noida, that you might be interested in, are Galactic Homes, Orchid, Parkway.

Greater Noida is a census town in Gautam Budh Nagar district of Uttar Pradesh. Two important rivers, Yamuna and Hindon, pass through the town. Noida was developed to accommodate the massive population influx to Delhi, however, caused it to overload in a decade. Therefore, the Government of Uttar Pradesh decided to develop another city as an extension to Noida with better planning and this is how Greater Noida came into being.
As per provisional data of the 2011 census, Greater Noida had a population of 107,676. Greater Noida has a similar climate to Delhi: very hot and dry during summer, hot and humid during monsoons, pleasant and dry during spring and autumn, and cool to cold during winters.
Economy, Industry &amp; Employment
Era IT Park and Wegman&rsquo;s Business Park, are prominent business hubs in Greater Noida. The city is developing an international airport, night safari and cricket stadium, aiming to further increase the infrastructure of the town. Some of the well-known localities include Kasna, Alpha, Dadha, Gamma and Dadri.
Infrastructure
Greater Noida offers smooth connectivity to Delhi NCR, Meerut, Mathura and Aligarh via Noida-Expressway and Yamuna Expressway. The four-lane Link Road has further enhanced the drive from Greater Noida to Noida and Delhi. Railway stations serving the area are Boraki Halt Railway Station (9 km), Ajaibpur Railway Station (13 km) and Railway Station (11.5 km). Trains connect the area to South and Noida. Railway Station, a major station is 25 kilometres from the locality. Sector 18 Metro Station is 30 kilometres via Noida - Expressway. The proposed metro rail link between Noida and Greater Noida has received a green signal from the Urban Development Ministry and is expected to run by 2017. Indira Gandhi International Airport is 50 kilometres from Greater Noida.
The area is well-facilitated with well-known educational institutions like RPS International School, Scottish School, Braintree Global, Sarvodaya Primary School, Primary School, JP International School, Ryan International School, Somerville School, Balak Inter College and Galgotia College of Engineering &amp; Technology. Yatharth Wellness Hospital &amp; Trauma Centre, Sharda Hospital, Kailash Hospital Research Institute, Hospital, Kneus Holistic Health Care Centre are some of reputed health care centres of the area. Parvnath Bibhab Plaza, Gurbaksh Plaza, Shopping Plaza and Msx Mall are some of the shopping destinations around Greater Noida.
Real Estate
The Real estate market in Greater Noida is growing rapidly owing to affordable prices attracting investors from different walks of life, substantial infrastructure, reputed educational establishments, well-structured and wide roads, extensive green belt, proximity to IT parks and connectivity. In addition, there are many companies operational in Greater Noida including LG Electronics Factory, Yamaha Motors, Honda Power Products, HPCL Ltd. and Moser Baer India Ltd. Top real estate property builders who have launched their projects in Greater Noida are HBA Infrastructure, AMR Infrastructures, Jaypee Greens, Horizon and VA Infrastructures. Eminent real estate projects in Greater Noida include Residency by HBA Infrastructure, The Castille 3 by Jaypee Greens, and Concept Orrizzonte by Horizon and Clarissa by VA infrastructures. The average price of an apartment in Greater Noida is Rs 3,610 per sq. ft. with built-up area varying from 330 sq. ft. to 8,000 sq.ft.

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