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Wednesday 12 September 2012

New Housing Project at Reasonable Price at Noida Extension


Noida is emerging as one of the largest industrial and education hubs of India. Noida is now the common ground for the development of commercial, residential as well as retail units. In fact, the real estate companies in Noida are on full gear to suffice the growing demand for Noida residential property. Noida seems to attract more investors and developers due to its better infrastructure facilities arrangements and also a direct metro connection with Delhi and the Express Highway to Noida will enhance and facilitate easy movements to Noida. 

The NCR Planning Board finally approved Greater Noida Master Plan-2021 on Friday, clearing the way for resumption of construction in hundreds of housing projects in the city, including the Noida Extension area. Several builders have been allotted land here for constructing residential units - both high-rise and low-rise structures - to cater to a population over 10 lacs. Once the NCRPB gives its approval for the master plan, nearly 2.5-3 lacs houses are expected to be delivered in the next three-four years in this residential area.

With construction on stalled housing projects finally going to take off, for homebuyers, the concept of affordable housing in the NCR region would no longer be a mirage. "A big roadblock has been removed. It's a red-letter day in the life of each individual who has booked a housing unit in Noida Extension," said secretary of Noida Extension Flat Buyers' Welfare Association, GL Sagar. 

Whilst stands are verdict the stock market, the Property in Noida province has in progress facing going away of tentative investors from the marketplace consistent with these builders based in area the selling of flats has turn into very complex at the launch phase by reason of lack of interest from the investors. Builders attribute this in Noida property to constancy in prices next to the precedent where prices were up rolling on monthly basis.

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