Over the past few years, Noida has emerged as a hub of residential and commercial real estate projects in the national capital region (NCR). Several development projects like metro rail expansion, construction of Yamuna Expressway and coming together of the FNG corridor, help Noida to become one of the most sought-after destinations for real estate builders and home seekers in Delhi NCR.
The residential projects in Noida are comparatively cheaper than those in Delhi and Gurgaon. Also, Noida has better connectivity to Delhi and other NCR regions in comparison to Gurgaon which solely relies on the Jaipur Highway. Owing to the close proximity and well-developed social infrastructure, Noida is seen as the future of affordable housing projects in Delhi NCR.
The optimism that Noida has created for affordable housing projects led most of the companies and business houses to enter into the Noida’s real estate market to offer convenient options to home buyers. Amid so many companies, Unnati Fortune Group is the one leading the Delhi NCR real estate market with its luxurious residential and commercial projects in Noida.
While Noida has become the most preferred real estate destination for affordable homes, Mr. Anil Mithas, Chairman & Managing Director at Unnati Fortune Group, talks about the five things that one should keep in mind while buying a house in Noida.
1. Plot versus Apartment: If you’re looking to buy residential property for a long-run benefit, you can even buy a plot for the price of an apartment along the Yamuna Expressway. The world class expressway and its proximity to FNG corridor offers unmatched connectivity to people residing in Greater Noida to Delhi and Gurgaon. If you want to buy a house then residential projects near the Yamuna Expressway offer great property options at this moment of time.
2. Choose a reputed builder: Choosing a reputed builder is also one of the most important things to keep in mind while looking for residential properties. A real estate company with vast business activities and excellent residential and commercial projects may charge you a little extra premium than first time developers, but the cost is worth spending to ensure timely delivery of the project and better future prospects of the property.
3. Look for project specifications: With several residential projects concentrating on taller buildings, try to look for projects that offer large open spaces, common areas and green environment in their vicinity. Check with your builder about the amenities the project is offering such as ample car parking space, gymnasium, kids play area, 100% power backup, security, etc.
4. Investment plan: Choose a residential property according to your investment plan. Areas like the Yamuna Expressway and Noida extension have several residential and commercial projects being building-up; the property prices may be high but you can make good returns on investment in a short span of time. Similarly, there are other areas where residential property prices are cheaper but they are suitable only for long term investors who have time frame of at least 5-10 years.
5. Geographical factors: Noida has better connectivity to Delhi as compared to Gurgaon or Faridabad. Also, water table in Noida is high unlike Gurgaon which doesn’t have ground water available. In terms of housing projects too, Noida offers comparatively cheaper residential properties as compared to Delhi or Gurgaon. Keep these factors in mind and choose the best residential property in Delhi NCR.
Mr. Anil Mithas of Unnati Fortune Group, one of the leading real estate companies in Delhi NCR, says “with developments like metro rail expansion and proposed international airport at Jewar, the prospects of affordable housing projects in Noida are better than any of the cities in NCR region in the future ahead.”
Follow Mr. Anil Mithas on Twitter & Facebook
The residential projects in Noida are comparatively cheaper than those in Delhi and Gurgaon. Also, Noida has better connectivity to Delhi and other NCR regions in comparison to Gurgaon which solely relies on the Jaipur Highway. Owing to the close proximity and well-developed social infrastructure, Noida is seen as the future of affordable housing projects in Delhi NCR.
The optimism that Noida has created for affordable housing projects led most of the companies and business houses to enter into the Noida’s real estate market to offer convenient options to home buyers. Amid so many companies, Unnati Fortune Group is the one leading the Delhi NCR real estate market with its luxurious residential and commercial projects in Noida.
While Noida has become the most preferred real estate destination for affordable homes, Mr. Anil Mithas, Chairman & Managing Director at Unnati Fortune Group, talks about the five things that one should keep in mind while buying a house in Noida.
1. Plot versus Apartment: If you’re looking to buy residential property for a long-run benefit, you can even buy a plot for the price of an apartment along the Yamuna Expressway. The world class expressway and its proximity to FNG corridor offers unmatched connectivity to people residing in Greater Noida to Delhi and Gurgaon. If you want to buy a house then residential projects near the Yamuna Expressway offer great property options at this moment of time.
2. Choose a reputed builder: Choosing a reputed builder is also one of the most important things to keep in mind while looking for residential properties. A real estate company with vast business activities and excellent residential and commercial projects may charge you a little extra premium than first time developers, but the cost is worth spending to ensure timely delivery of the project and better future prospects of the property.
3. Look for project specifications: With several residential projects concentrating on taller buildings, try to look for projects that offer large open spaces, common areas and green environment in their vicinity. Check with your builder about the amenities the project is offering such as ample car parking space, gymnasium, kids play area, 100% power backup, security, etc.
4. Investment plan: Choose a residential property according to your investment plan. Areas like the Yamuna Expressway and Noida extension have several residential and commercial projects being building-up; the property prices may be high but you can make good returns on investment in a short span of time. Similarly, there are other areas where residential property prices are cheaper but they are suitable only for long term investors who have time frame of at least 5-10 years.
5. Geographical factors: Noida has better connectivity to Delhi as compared to Gurgaon or Faridabad. Also, water table in Noida is high unlike Gurgaon which doesn’t have ground water available. In terms of housing projects too, Noida offers comparatively cheaper residential properties as compared to Delhi or Gurgaon. Keep these factors in mind and choose the best residential property in Delhi NCR.
Mr. Anil Mithas of Unnati Fortune Group, one of the leading real estate companies in Delhi NCR, says “with developments like metro rail expansion and proposed international airport at Jewar, the prospects of affordable housing projects in Noida are better than any of the cities in NCR region in the future ahead.”
Follow Mr. Anil Mithas on Twitter & Facebook