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Property Rates in Noida Increased in Ten Folds

Posted by Property Duniya on April 11, 2015
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North Eye Residential Property

Being directly under the New Okhla Industrial Development Authority, Noida ranks 17th among the cleanest cities in India. Apart from hosting a number of quality schools for primary education, the city is technically a hub for multi-national firms outsourcing IT services. The city has quickly emerged as a hub for automobile ancillary units. Quite understandably, the real estate development here is also on a boom and so are the prices associated with them.

Noida is undoubtedly, for obvious reasons one of the modern cities of India. Developments in industry, commerce and trade have given the city such a stature. Naturally the Commercial Properties in Noida have in recent times acquired great monetary value. Being connected to Delhi with the metro train, it has now become a hub for many commercial firms hence there has been a sudden rise in the number of available commercial properties.

The prices have increased almost ten folds in the past 5 years. Property Rates in Noida vary from a high Rs 5,000/- square feet to Rs 25,000- square feet. Due to its proximity to Delhi and a well-established industry, it attracts youth form all over the globe.

Residential Property in Noida

Residential Property in Noida, is much more variable when it comes to price. Property prices vary from as low as Rs 3000/- square feet to Rs 13000/- square feet and even more depending on the area. Due to the vast growth the city has seen, it is no surprise that people from all parts of the country.

These days residential property in Noida boost-up and it will not be available in the hand of middle-class people. Some of the most popular residential projects in Noida are Jaypee Kosmos, Lotus Panache, Paras Tierea, Logix Blossom County, Lotus Zing, Supertech Capetown, Logix Blossom Greens, Pavilion Court, Amrapali Silicon City, Ridge Residency, Sikka Kaamna Greens, Exotica Fresco, Supertech Ecocity, Purvanchal Royal Park, Kalypso Court, Supertech ORB , Jaypee Kube, Unitech Grande, Supertech North Eye, Supertech Supernova, Supertech Emerald Court, ATS Village etc.

Commercial Properties in Noida

If we talking about commercial properties in Noida, then some of the good commercial projects comes in the mind who can give you best property investments are Logix Technova, Assotech Business Criteria, Mist Avenue, Supertech eSquare, Supertech Supernova, BPTP Capital City, Cosmic Corporate Park, Noida World One, Unnati Fortune World, Wave City Center and Premia Corporate City.

The Noida Property News is also a very bright one as an estimate says that a growth of over 400% has been recorded in attracting new investments in real estate. This is very happening news for investors as it has virtually opened so many gates for investors from all over the world to invest in the market of Noida thereby enriching it to an unimaginable paradigm.