Gurgaon is already boomed up, so you won't get much appreciation over there. Whereas, Noida is on booming stage, so we have a scope of better appreciation in Noida.
COSMIC has come up with some good Commercial & Residential projects in Greater Noida & Noida Xpressway with very affordable prices along with ASSURED RETURN for 4 years.
Hi All, I got a lot of information about a lot of locality from this thread. Right now my budget is around 40 lac to 50 lac. Please suggest me some good locations in Noida as well as Gurgaon for investment.
Hi Vinu S, As per my knowledge, new Noida is a developing area that is rising as a decent residential and work destination as a result of expansion of the footprint of Noida city towards its peripheral areas. This area lies north-east of Noida. New Noida is bound by NH-24 and Dadri Road to the North, Faridabad-Noida-Gurgaon Expressway to the South and Hindon River to the East.
This new Noida contains Sectors 63-79 and Sectors 112-122. These sectors are simply at a distance of 20 minutes from Sector 18 (retail / commercial hub of Noida), adjacent to Sector 62 (Electronic City) which has emerged as a major business hub. This area is also between 5-15 minutes drive from the Noida City Centre metro station.
Hi Vinu, As per my knowledge, new noida contains a nice potential over the opposite developing micro markets of NCR region like NH-24, Raj Nagar extension, Greater Noida West, Kundli, Neharpar, Sohna, Manesar, Bhiwadi and Yamuna Expressway etc. This area could be a quick evolving self-sufficient market with industrial, office, retail and workforce linkages. Its proximity to other residential zones makes it ideal for habitation. This region possesses sensible infrastructure facilities and has an ample supply for the affordable units to satisfy the demand.
With the completion of the extension of the metro line towards Greater Noida and FNG Expressway, the connectivity of New Noida will certainly improve with Delhi and other regions of NCR. The metro route will come as an extension of the existing Sector 32-based Noida City Centre metro line that will be extended up to Greater Noida West via Sectors 72 and 121. The completion of FNG expressway will further improve the connectivity with Ghaziabad, Faridabad and Gurgaon.
Dwarka-Gurgaon Expressway, Golf Course Extension Road, Southern Peripheral Road, NH-8, Sohna Road, Golf Course Road and the surrounding areas are noted as best locations for realty investment for both end-users and investors. Golf Course Road, located very close Mehrauli Road, makes it a good investment hot spot in Gurgaon, while the projects on Dwarka-Gurgaon Expressway are close to the IGI Airport.
Even there are so many high end projects,High-end
residential projects are becoming the norm in this Cyber City with the
new generation of highly paid professionals demanding world class
properties developers too have taken the cue and are tying up with a
slew of international designers and architects to raise projects that
rival the best anywhere in the world.
Gurgaon is witnessing increasing demand for luxury residential projects offering high-end amenities primarily by the new generation of high-paid professionals in the city.
Noida and Gurgaon are both rising up area, it depend what budget investors wants to do and place preference, moreover, for long term and affordable investment Noida is much better than Gurgaon.
The real estate prices in Gurgaon has crossed the budget for the investors and end user so Noida has become one of the affordable land for investment in and around NCR.
There is also a healthy demand for properties in the Rs 20 to 40 lakh range with 23 per cent buyers showing interest.Noida has become one of the attractive land for investment due to the property value appreciation and demand.
Due to the expressways and metro lines, Noida and Greater Noida has become one of the hottest places for investment for both residential and commercial real estate. As per the survey it is noticed that maximum demand during the Jan-Mar 2013 quarter existed for properties in the Rs 40 to 60 lakh range.