What are 10 amazing facts to look while investing in the real estate property in Noida?

RE: What are 10 amazing facts to look while investing in the real estate property in Noida?

The city of Noida (named as the acronym of the New Okhla Industrial Development Authority) was set up in 1976 when the government felt the need to scout for the land beyond the official territory of the capital of India. In a bid to expand the National Capital Region (NCR) and to tap the potential of the vast reserves of rich land bordering Delhi lying unused on the eastern side of the river Yamuna, the Government of India and the Government of Uttar Pradesh established Noida as a high-potential hub of residential and commercial activity.

Today, Noida is classified as a Special Economic Zone (SEZ) and houses a vast network of residential, commercial, retail and hospitality operations across its length and breadth with 163 residential and commercial sectors and a population of over 11 lakh.

    1. Noida has an enviable Metro network

 

Though Noida is a rail-less city, Noida has an enviable Metro network comprising of 3 lines – the Blue (started 2009) and the Magenta (started 2017) lines of the Delhi Metro and the Aqua line (started 2019) of Noida Metro. These lines are set to expand and new lines are going to be added in the times to come. A detailed description of the stations on these lines lying within the Noida area is as below:

Blue Line Magenta Line Aqua Line
Noida Electronic City Botanical Garden Noida Sector 51
Noida Sector 62 Okhla Bird Sanctuary Noida Sector 50
Noida Sector 59   Noida Sector 76
Noida Sector 61   Noida Sector 101
Noida Sector 52   Noida Sector 81
Noida Sector 34   NSEZ
Noida City Centre   Noida Sector 83
Golf Course   Noida Sector 142
Botanical Garden   Noida Sector 143
Noida Sector 18   Noida Sector 144
Noida Sector 16   Noida Sector 145
Noida Sector 15   Noida Sector 146
    Noida Sector 147
    Noida Sector 148
    Knowledge Park 2
    Pari Chowk
    ALPHA 1
    DELTA 1
    GNIDA Office
    Depot

 

2.  Noida has a good corporate presence

Noida boasts of having the offices of a large number of multinational firms. Major corporate sectors are Sector 62, Sector 16A (Film City), Sector 124-127, Sector 135 and a few others. A list of major company offices located in these sectors are given below:

Sector 62 Film City Sector 124-127 Sector 135
Samsung India News World India Investors Clinic Metlife
Ericsson India Network 18 360 Realtors Accenture
Barclays India Indian Express Havells India Genpact
TCS TV Today Network HCL India Cognizant
Nokia Networks Zee Media The Smart Cube Sopra Steria
IHS Markit Dainik Bhaskar NIIT Technologies  
Accenture Marwah Studios Oracle India  
  T-Series    

 

 

3. It has a majestic network of highways and expressways

Noida is well-connected to other major cities courtesy a network of road highways and expressways. The 165-km long Yamuna Expressway begins at Greater Noida and runs till Agra via Jewar, Aligarh and Mathura. There is a dedicated expressway that connects Noida to Greater Noida and also connects to Yamuna Expressway. The Eastern Peripheral Expressway is also approachable from Noida, passing through Dadri in Greater Noida.

Expressway / Highway Major Milestones Status
Yamuna Expressway Greater Noida, Jewar Operational
Noida – Greater Noida Expressway Mahamaya Flyover, Pari Chowk Operational
Eastern Peripheral Expressway Greater Noida, Dadri Operational
DND Toll Road Sector 16, Film City Operational
NH-24 Sector 62, Noida Extension Operational
NH-34 Noida Extension, Dadri Operational
GFNG Corridor Sector 66, Sector 121 Under Construction

The DND toll road crosses the Yamuna to connect South Delhi with Noida. Also, Noida shares NH-24 (now comprising Delhi-Meerut Expressway) with Ghaziabad and the NH-34 passes through Dadri in Greater Noida to connect northern parts of Uttar Pradesh with the southern ones. The coveted GFNG (Gurugram-Faridabad-Noida-Ghaziabad) corridor is also due for completion soon.

4. Noida has an internationally benchmarked master plan

Noida has an internationally accredited master plan. Chandigarh is perhaps the only other city in India that comes close to Noida in planning. Perfectly perpendicular junctions and perfectly parallel roads, along with a multitude of flyovers and under-passes spread across the city define the road escape of Noida.

The following table outlines major junctions, flyovers and under-passes operational across the city:

Major Junctions Major Flyovers Major Underpasses
Rajanigandha Mahamaya Rajanigandha
Chaura More NTPC Sector 18
Stadium Junction Sector 37 Sector 45
12-22 Junction Sector 14 Sector 126
Spice Junction NSEZ City Centre
Golf Course Circle Sector 18 Sector 97
Sector 1 and 15   Sector 135
Jalvayu Vihar   Sector 168
Sector 71   Sector 150

5. Noida is an education hub with top-rated colleges and schools

Noida and Greater Noida together boast of a network of CBSE, ISC and ICSE affiliated schools that extend good quality education to children living in and around the city. Besides, the twin cities house multiple ‘Knowledge Parks’ exclusively established as centers of higher education across streams such as Business, Science, Technology, Arts, Engineering, Commerce and more.

Major Schools Major Colleges / Universities
Delhi Public School Amity Business School
Vishwa Bharati Public School BIMTECH
Cambridge School Gautam Buddh University
Apeejay School Jaypee Institute of Information Technology
Shiv Nadar School JSS Academy of Technical Education
GD Goenka School IMS Group of Institutions
Somerville School IILM Group of Institutions
Amity International School Asian Academy of Film & Television

6. The city has a culture replete with hotels and malls

Major Hotels Major Shopping Malls
Park Ascent DLF Mall of India
Radisson Noida The Great India Place (GIP)
Hotel Noida International Wave Centre stage Mall
Radisson Blu MBD Shopprix Mall
Hotel Ginger Spice World Mall
JP Hotel and Resorts Gardens Galleria Mall
The Park Residency Logix City Centre
Fortune Inn Grazia Sab Mall

Noida has hotels and shopping malls spread across its width and length. While most malls have movie multiplexes and food courts in addition to shopping options, hotels such as Radisson and Park Ascent become witness to social gatherings and business events daily.

7. Noida has a decent network of hospitals and healthcare facilities

Major Hospitals Location
Kailash Hospital Sector 26
Fortis Hospital Sector 62
Metro Multispecialty Hospital Sector 12
ESIC Model Hospital Sector 24
Sumitra Hospital Sector 35
Prakash Hospital Sector 33
Jaypee Hospital Sector 128
Max Healthcare Sector 19

Noida covers healthcare facilities with specialties ranging from cardiology, orthopedic treatment, psychiatry, neurology, and oncology to pediatrics. Few cities in India can match the level of health care available in Noida.

8. The upcoming Jewar Airport is a jewel in the crown

The upcoming international airport in Jewar, Greater Noida alongside Yamuna Expressway is expected to offload the existing IGI Airport of Delhi. It is expected that more than half the passenger traffic would get diverted to this new airport. Add the world-standard Buddh International Circuit located in Greater Noida alongside Yamuna Expressway to the list and you have a world-class feel in the twin cities.

9. Power, Water and Drainage systems are robust

Noida seldom experiences water-logging during monsoons, or potholed roads for that matter, courtesy its high-quality sewage and drainage systems. Noida is also a high-priority power supply zone in Uttar Pradesh and has its authority and power distribution corporation, with a CEO heading the scheme of things. Last but not the least, the water supply in Noida is also good, given the proximity to the river Yamuna.

10. Okhla Bird Sanctuary is the icing on the cake

Noida enjoys a good green cover and has many ridge areas, including the Okhla Bird Sanctuary located alongside the Yamuna and bordering Kalindi Kunj in Delhi. It is also home to the massive Green Garden as well as the Botanic Garden, alongside which the metro station bearing the same name is located.

Hope you liked reading these 10 most amazing facts about Noida and that they will encourage you to visit the place soon. These information presented here helps those considering to buy/rent a home or invest in a property in Noida arrive at an informed decision.

 

Answered on July 23, 2020.
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