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Wednesday 30 October 2013

Properties in Noida Faring Well in the Realty Market

Noida Property at Makaan.com
Considerable infrastructural developments and the boom in realty market are the chief characteristics of the cities in North India, and Noida is one of them. Look a few decades back and could you conceive it as a IT hub? Most part was lying barren and almost negligible infrastructure. But today, it is shining, both in terms of overall development as well as realty growth. Its performance in the real estate market has remained above average, if not excellent. 

Buyers and investors can be seen flocking to the city in large numbers. A reason why end-user has eyes on buy house in Noida is that the residential rates are still lower than in cities like Delhi, Mumbai or Gurgaon, so it is still affordable. This year, the rates have appreciated well and this can be good for the investors. High cases of fraudulence and lack of civic amenities are some of the negative factors that have proved stumbling blocks to city's real estate development.

Let's talk a bit about the current rates of residential spaces. The per square feet rates of property in Noida in the areas where  rate fluctuates between  between Rs. 3000/- and 4000/- are Greater Noida, sector 151, sector 2, sector 10, sector 16, sector 143, and Noida Extension. In Noida Extension, buyers are at the disposal of properties within the 24-50 lacs range. The per square feet rates ranging between Rs. 4000/- and Rs. 5000/- are available in the sectors 144, 117, 62, 129, 133, 76, 70, 79, 50, 128, 131, 168, 93A, 62, 86, and Taj Expressway. For  higher per sq feet rates, you can go for localities like 168, 119, 76, 100, 110,  32, 61, 25A, 93B, and 45. In sectors 61, 25A, 94, 45, a 2-BHK can cost you anywhere between 70 lacs and 1 crore.

Search for  properties in Noida over the real estate portal, Makaan.com. Look for single rooms, independent houses, studio apartments, shops, office spaces, villas, and other Noida properties over site. The properties between different price brackets are available.

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