The Greater Noida real estate market is on an upswing and is finding favour amongst homebuyers and investors alike. Greater Noida is benefiting from its good connectivity with the New Delhi city centre via the Expressway and also the abundant availability of space for development. The Delhi Metro network now links Greater Noida to several parts of the Capital and Noida. The Eastern Peripheral Expressway and Delhi-Meerut Expressway have also boosted connectivity for residents of Greater Noida. The area has planned residential developments along with ample green and open spaces. The properties available here are quite affordable in comparison to Noida and hence several buyers are shifting here. Buyers are even coming from areas like Hapur, Ghaziabad, Muradabad and Meerut among others.
The Faridabad-Noida-Ghaziabad (FNG) Expressway also ensures seamless access to Gurgaon and Faridabad alike and this lowers traveling time considerably for residents. Property registrations will soon become more convenient for homebuyers in Greater Noida via the igrsup.gov.in website. Several businesses are already coming to Greater Noida due to lower land costs and rentals alike. Co-working spaces are already mushrooming throughout Sectors 8, 2, 3 and 125 along with Film City. The Noida-Greater Noida railway project for the Aqua Line has already seen trial runs being held throughout the stretch of 30 kilometres and this should start running from December this year.
Rentals are also higher in Noida and this has fuelled more interest in Greater Noida as per experts. Greater Noida has vast land banks which are organized and they are well connected through the Expressway with good infrastructure. The upcoming airport at Jewar will also boost realty markets in Greater Noida, particularly due to the increasing number of commercial developments being seen in this region.
