This region will have many investment now, as many experts says that this region needs to gets boosted ! And for that a lot of investment is needed in the region and new schemes should be there to help people to buy and invest..
The realty market of Noida has created a new price benchmark in the region after this auctions and in future this will surely be the best place for investment. Noida will soon witness a great jump in the price rates especially commercial and residential. And i think the key point is the great infrastructure which is attracting investors.
Yes, in news paper i was told that the Authority wil auction for more commercial plots at the end of December or the beginning of January. It seems they still have nearly 100 plots for auctioning in various sectors.
No not all properties are located neaby GIP, the other properties sold by the Authority were located in Sectors 1, 16, 18, 62, 52 and 36. The plots have a size between 30 and 200 metres.
Hi, Raj, the plot is located next to a leading fast food chain outlet on the opposite side of GIP Mall and yes it was for commercial use only. As per the experts these were the most expensive rate ever charged in Noida.
Yes , it was new ray in real estate sector of Noida. A 96 square metre commercial plot in Sector 18 was auctioned off by Noida Authority for Rs 13.56 lakh per sqm, thereby costing over Rs 13 crore.You can say this was a platform to sell properties by the authority. Also, the Authority auctioned 32 commercial properties on Monday generating total revenue of Rs 220 crore.