Noida Extn- The New Real Estate Hotspot

Noida Extn has emerged as a real estate hotspot over the years. With numerous residential projects mushrooming all over the region, investors and buyers have plentiful options to choose from. All the verticals of the real estate industry are being catered with the availability of budget Apartments, luxury villas, retail and commercial spaces. A wide array of 2Bhk Apartments Near Noida Extension are catering the demand for affordable housing, offering better alternatives for the low and medium income groups.

Real estate trends
With multiple residential townships coming up, Noida Extension is a well-planned residential area. Easy availability of affordable 2Bhk Apartment Near Noida Extension is attracting home buyers from different parts of India. The area has emerged as an reasonable option after Yamuna Expressway. In the real estate landscape, Noida Extn contributes to 41% of the total new project launches. Most of the projects that are currently under construction in the region will be ready for possession by 2016.

Enhanced connectivity
With easy accessibility to three main cities, namely Ghaziabad, Noida and Greater Noida, the region is strategically positioned in terms of road connectivity. This connectivity has helped in fuelling the demand for residential properties by people of all income groups.

Other factors driving demand in Noida Extension
The proximity of Noida Extn areas like Noida sector 50 and 52 and commercial sectors like 61, 62 and 63 is one of the main factors driving the real estate boom. Malls and theatres are not too far from the residential areas and this is something home buyers have given a lot of preference to.

The proposed metro line linkage between Noida Extension and Noida City Centre Metro Station and capital appreciation of 30% during the last two years have also contributed significantly to the growth of the real estate sector. Owing to all these factors Noida Extn has emerged as real estate hotspot in the recent years.