A census town on 20,000 acres of land with a population of over 1, 00,000, Greater Noida comes under the purview of NCR that is the National Capital Region. It is well-developed when it comes to infrastructure owing to an exceptional drainage and sewerage conveniences, road network, water and underground power systems, and whatnot. Moreover, the increasing connectivity of Greater Noida shows that it is on the right track of becoming a self-sustained city. Connectivity opens ample of opportunities to the developers as well as the end users. That’s not all! It also helps in holding the rise in the price of the realty within the main districts of a town. How Growing Connectivity of Greater Noida affected its Real Estate market? Anxious to know! Following are some connections of Greater Noida and their impact on the realty of the city. Gaur City 4th Avenue Price / Gaur city 5th avenue Price / Gaur City 7th Avenue Price / Gaur Saundaryam Price
Bridges Over Hindon River, Bridges built over Hindon River near Sectors 121 and 119 in Greater Noida has minimized the distance from of sectors 1 and 4, which is almost half from the main Noida road. Thanks to the bridge over this river for improving the connectivity of the area because of which there are a number of developers namely, Gaursons, Amrapali and Supertech have shown their anxiety for developing large townships. Many have already tossed their flats in the price range of about Rs 17 lakhs for one bedroom with a hall and kitchen (1BHK) apartment to Rs 23.5 lakhs for a 2BHK and Rs 61.75 lakhs for a 3BHK approximately. Metro Link: From Noida to Greater Noida, The Delhi Metro Rail Corporation has signed an agreement with the Greater Noida Authority for the erection of a metro line of 29.707- km that will connect Noida City Centre to Greater Noida, which is going to be built by 2024. It is because of the metro line extension that many of the investors as well as the residents are privy to and are the pleased recipients of the development that are eventually heading towards a prominent real estate market.
Unavoidably such connectivity carries a major chunk of the land into the mainstream. Developers have kept the prices at a comparatively competitive range as the basic selling price is about Rs 1,800 per sq. feet. Yamuna Expressway, From Noida to Greater Noida, Yamuna Expressway is an extension of the six-lane expressway that connects up to Agra and extends further to Mumbai. This outstanding racing track by Jaypee Group has given an excellent return on investments. Major Real Estate Developers namely, Ajnara India Ltd, ATS Group, The 3C Company, Jaypee group, Gaursons India Ltd, Logix Group, Supertech Ltd, Amrapali and Sunworld have come up with their amazing townships projects. “With multiple developers floating their projects in different price ranges, Yamuna Expressway is good for investments today. The market is driven not only by upcoming residential projects but also by future infrastructural plans by the government. The expressway is expected to be connected by metro in future, and that is expected to give a major boost to habitation and hence investments there” – a Real Estate Expert.