Noida or New Okhla Industrial Development Authority is regarded as one of the most posh commercial as well as residential development destinations in the entire NCR region. The growth curve of investment in residential property in Noida is perhaps the most steepest. In fact, over the years the demand for residential property in Noida has risen to the degree that the developers of the Delhi NCR region are rather forced to focus their expertise in developing plush living spaces all over the city.
There has been record property investments in the real estate market of Noida. Hence, a steady appreciation of the property prices up to 30% is observed annually. This further ensures a highly potential market for the investors as they have the opportunity to earn huge returns. mont botanik residences
Let us explore some facts related to residential property in Noida.
Noida Residential Property
- The Noida residential properties are usually in the form of plots, independent houses, luxury villas, condos, penthouses and group housing apartments and flats.
- The housing communities are mainly concentrated in sector 14, 15, 27, 28, 29, 37 and 44.
- Noida is the operational ground of world renowned realtors like Unitech, Eldeco, Omaxe, Assotech and Gaur.
The Noida Real Estate Developers
Unitech – The Unitech Builders is one of leading developers in India. The group is worth Rs. 1600 crore and is extensively involved into commercial and residential development. The Unitech residential projects include housing societies, mini cities, integrated townships and residential high rises.
Eldeco – Eldeco is a 35 year old realty brand operating all over India. The Eldeco builders and developers engage into construction of multi-storied apartments, townships, offices and shopping complexes. The builder has developed special townships in the regions of Haryana, Punjab and UP, each of its projects around 100 to 200 acres of land.
Omaxe – Omaxe India Limited is not only involved into development of residential, commercial and retail but also educational institution and hospital units. The exclusive residential spaces of Omaxe are not only restricted to Noida, but also in the other cities of the Delhi NCR, Uttarnchal, Uttar Pradesh, Rajasthan, Punjab, Haryana, Himachal Pradesh and Madhya Pradesh.
Apart from the above mentioned builders, Noida has host of other developers as well. Among the Noida realtors Jaypee Group, Supertech Builders. Mahagun Builders, BPTP Real Estate, Parsvnath Noida, Triveni Constructions rank top in the list. To purchase residential property in Noida, you are recommended to do good research on the prevalent prices and facilities of the Noida housing sector.