Bhutani Cyber Courtyard

Gurgaon was the first city to benefit due to primarily two reasons –
The emergence of Maruti Suzuki and its allied industries created numerous jobs in Gurgaon and attracted both white-collar and blue-collar workers to the city. Additionally, the upgrade of Palam Airport to IGI International Airport led to an influx of multinational companies setting up their base in Gurgaon, further driving up the demand for commercial and residential properties. This development phase in Gurgaon resulted in soaring real estate prices comparable to Delhi. However, if you missed the opportunity to invest in Gurgaon, you need not worry as Noida is currently undergoing a similar transformation and is expected to witness substantial growth in real estate prices in the coming years.

Noida is a well-planned city with simultaneous developments in residential and commercial sectors. It offers attractive job opportunities, convention centers, and an upcoming airport. Therefore, investing in Noida and Greater Noida real estate is believed to be a wise decision. Recently, the Union Information and Electronics Technology Minister announced that the government in collaboration with the UP government would develop Noida and Greater Noida regions as the second Singapore. The minister envisions Noida and Greater Noida as a hub for skills, electronic manufacturing, education, management, and global conferences. The government is determined to support the state government in developing IT parks and other centers of excellence. With high-paying white-collar jobs and the upcoming Jewar airport, Noida is poised to experience a similar growth trajectory as Gurgaon.

The Indian Government is undertaking various initiatives for the development of Noida and Greater Noida, making it an attractive investment destination. There are six major reasons why investment in Noida and Greater Noida’s real estate sector would be a wise decision:

Jewar airport: The construction work for the Jewar airport in Greater Noida, which will be India’s largest airport in terms of area, is starting soon. The airport will attract many multinational companies, leading to an increase in the demand for real estate in the area.

Growing job opportunities: The presence of a knowledge park in Greater Noida West and a Formula 1 track on Yamuna Expressway have already drawn attention to the region. With the proposed metro connectivity to Greater Noida, several IT companies are expected to set up their offices in Noida and Greater Noida. This development will result in many high-paying job opportunities.

Very accessible location – Greater Noida West: Noida and Noida Extension are accessible from different key locations, including the Budd International F1 Circuit, renowned MNCs, 5 expressways, and a proposed metro station. They are also located close to Amity University, Mahamaya Flyover, PariChowk, NH-24, and Yamuna Expressway.

World-class planning and infrastructure: Noida is one of the best-planned cities in India with world-class infrastructure, including the Yamuna Expressway, wide sector roads, parks, hospitals, and schools. Greater Noida is Asia’s first city to have 30 years of planning before starting infrastructure development, ensuring world-class infrastructure development.

Return on Investment (ROI): Greater Noida offers an attractive ROI with its potential for development, proposed infrastructure, and government initiatives.

An investing hub for big investors: Patanjali group has been allotted 300 acres of land to establish Patanjali Food and Herbal Park in Greater Noida, and 130 acres of land have been allotted separately for Patanjali Ayurveda Limited. The Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) in Greater Noida has already started releasing properties to willing investors. LG and Micromax have expressed interest in acquiring land as per the DMICDC proposed plan. Lava International and its ancillary units are also planning to invest.