Invest in Luxury Flat in Greater Noida
Greater Noida is one of the most prominent residential areas in Delhi-NCR. Compared to the other areas like Noida and Gurgaon, residential properties in Greater Noida are affordable and offer a wide variety of options. It is one of the most sought after cities by investors. With the downturn in the real estate economy after the demonetisation move, even luxury properties are available for affordable rates. 2017 promises to be a good year for those who are looking to investing in luxury properties in Greater Noida. There is also an increasing demand for top-end properties in upscale localities, say experts at Property.Sulekha.com.
Advantages of Greater Noida
Besides being an affordable residential area with a range of housing options, Greater Noida has the advantage of lying closer to the capital city of Delhi. It is a large industrial and commercial township with plenty of employment opportunities. This has resulted in more people seeking accommodation in the city. Civic infrastructure like road network, water supply, drainage, underground power supply, and sewerage is well developed in the city making it a favourite residential area. Greater Noida also has remarkable appreciation for residential properties.
Luxury flat in Greater Noida
Greater Noida is sub-divided into several sectors. Some regions are fully developed while some are upcoming areas with development projects nearing completion. While investing in a luxury flat in the city, make sure that the location you have selected is a fully-established one or with growth prospects. A 2 BHK flat in Greater Noida in a popular locality will yield more profit in terms of resale value or rentals than a similar one in an underdeveloped region.
Facilities and attractions
Owners of luxury flats in Greater Noida also enjoy a host of world class facilities that the city provides. Attractions like Golf Course, F1 Racing Track, Night Safari, Sports Complex, the upcoming Metro, International Airport, and the Yamuna Expressway add to the luxurious lifestyle in the city. The various sectors of the city also have necessary amenities like schools, colleges, hospitals, entertainment centres, shopping malls, etc.
Return on Investment
As more and more IT companies and other industries set up their base in Greater Noida, there is an increase in the number of people with disposable income who can afford to buy luxury housing projects in the city. Even luxury rental properties have great demand. Luxury flat owners can rest assured of the return on investment on their properties in Greater Noida.