Buying a house has a dream of everyone. But when it comes to taking it, people wonder where to take, whether there is some budget and the best location. It is very important to keep all these things in mind. The property market is once again gaining momentum. & Nbsp; Greater Noida has seen an extraordinary bounce in the launch of new Residential Projects.
According to research data released from Property Consultant Institute, Enrak, Greater Noida has demonstrated a significant boom in the residential real estate area during 2024 and has been established as one of the fastest growing markets in NCR. They went. Which shows a sufficient increase of 322% year after year.
This increase in the launch of the new project has made Greater Noida one of the largest stakeholders in the real estate sector, which is 23% of the total launch of the NCR region in 2024. CREDAI Western UP Secretary Dinesh Gupta said that Greater Noida is currently the largest micro market of real estate and it is only the beginning. Uncertainty has been removed from the market and the completion of the project has become more certain than before due to bitter criteria. Greater Noida has now moved from Effordable Housing towards luxury housing. Land allocation is going to be done in Greater Noida, including Yamuna Expressway, which will once again attract home buyers with new options. & Nbsp;
According to Shailendra Sharma, MD of Renox Group, real estate in Greater Noida has been able to reach a new height due to continuous development projects of the government. A giant projects like metro, rapid rail, airport, Expressway have created an opportunity for global investment in the area, which has led to a boost to employment which eventually affects the real estate sector on a positive level. Availability of large plots at relatively affordable prices compared to neighboring Noida and Gurgaon has attracted major developers to start new projects. & Nbsp;
According to Suresh Garg, CMD of Nirala World, the development of the infrastructure being done regularly in the market, especially the Aqua line metro network can be expanded to Noida Extension and the Noida International Airport to be built in Jewar. Due to airport and metro facilities, Greater Noida has become an alternative to markets like Gurgaon and Faridabad in the future where the price of property is still relatively cheap and facilities and law and order has become better than before. & Nbsp;
CEO of Diligent Builders. According to Colonel (Retired) Ashwani Nagpal, Greater Noida has emerged as the largest alternative hub of luxury property in NCR and there is no lack of possibilities for many years to come. The government’s focus has also benefited from the focus of the government on the formation of the data center of the IT company and the establishment of manufacturing units. Due to long -term infrastructure and positive policies like rapidly growing road network, metro, rapid rail, airport, industrial investment in Greater Noida has increased, which has created new employment opportunities and resulting in demand for housing."Text-Align: justify;"> According to RG Group Director Himanshu Garg, the result of better policies of the government is reflected by the development of the sector and this is happening in the real estate sector. Due to the right decisions and policies of the Center and the state, new projects have started and the real estate sector has got proper incentives with industry businesses, which has made Greater Noida the best place of investment for all classes. Necessary changes have also been made according to the time, which results in increasing demand.
While, KW Group director Pankaj Kumar said, Jain said, Meerut Road and Raj Nagar Extension has been connected to the entire NCR as a destination. Ghaziabad is still offering the most Effordable house in the entire NCR. In Raj Nagar Extension, both ready to move and under construction of the house can be found, where the house can be found in the budget of every category, whose budget can be 60 to 90 lakhs.
So Shailendra Sharma, MD of Renox Group, said, with the formation of NH 9, the connectivity of Crossing Republic has become good. It is expected that after joining the flyover with Noida Extension, both demand and return will increase at this location. This location is the best for the highway and the option of Ready to move, where property can be found in 80 to 120 lakhs. & Nbsp;

