Noida, one of the satellite towns of Delhi is one of the good options for property buyers, especially for the ones seeking for affordable properties. There are several advantages in buying or investing in a property in Noida.

The market has been sluggish over the past few years. The market is reviving with the favour of the festive season and the sales are picking up in the major cities. Noida market is also seeing sales and the demand is mostly from the middle-income buyers. Many people are interested in investing in the Delhi NCR market, but the property prices of the localities make their wish a distant dream. For these buyers, Noida is one of the best options as the prices are comparatively affordable.

Noida-Greater Noida region, part of the NCR market is one of the most sought after areas for investment purpose. The micro market is also a good option for home buyers. Most of the major IT companies like TCS, HCL, IBM, Dell, etc. have their presence here. The region is also known for the presence of corporate offices of famous power companies. The locality is one of the largest and famous industrial suburbs in the country. The area is meant for the commercial market. The presence of these companies has created a lot of employment opportunities and is favourite among the home buyers and investors.

The realty market of Noida and Greater Noida is broadly classified into three major pockets. The first pocket includes localities from Sectors 74, 75, 76, 78, 79, 119 and 120 and the proximity to the metro rail is the biggest advantage for these localities. The connectivity plays a major role here. If you are looking to buy or invest in flats in Noida, you can consider this locality as it has a number of ready to move in projects.

Another famous pocket here for the luxurious projects is the Noida expressway, which connects Noida to Delhi. This locality with good connectivity has many commercial establishments and is also favourite among the home buyers. If you are looking to invest in a luxury project, then consider this locality as it has many of them. The average price of the property in Noida expressway is Rs 5200/ sq. ft.

The third pocket is the Greater Noida (West) known as Noida extension. This area has a number of unsold inventories. Earlier this locality has been the major attractive one, but the oversupply of housing units may have a negative impact on the investment. Affordable priced properties in Noida can be availed here. The locality is pre-planned and the properties are priced in the affordable range. The area is also developed with both physical and social infrastructure. This is attracting home buyers to the area.

Noida-Greater Noida region is favourite among the mid-income home buyers or people who are looking to invest. If you are looking to buy an apartment in the NCR region, this area can be considered as there are number of flats in Noida which are in various stages of construction and the area also has ready to move in apartments. The prices here are much less here compared to Ghaziabad.

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