Reasons to Live and Invest in Noida Expressway
The Noida Expressway, also known as the Noida-Greater Noida Expressway, is approximately 24.53 kilometres long and is a crucial link connecting Noida and Greater Noida. This expressway has immensely transformed the real estate landscape in the region, increasing access to major commercial hubs and residential areas.
With urbanisation on the rise, the demand for Noida Expressway property is almost inevitable, and therefore, it is also a potentially lucrative investment option for home buyers and investors alike. In this blog, we will discuss the many reasons why Noida Expressway is an enticing choice for a real estate investment or your dream home.
The Importance of Connectivity
The expressway is an important artery for commuters connecting Delhi, Greater Noida, and various industrial sectors. Its well-planned route has attracted many multinational corporations (MNCs) and IT firms, which has increased local economic growth.
Enhanced Accessibility
The Noida Expressway is also known for its better accessibility. Jewar Airport, set to be India’s largest international airport, will add to connectivity in the area. Future metro expansions are also planned to help residents seamlessly commute from the National Capital Region (NCR). Some of these plans include:
Namo Bharat Metro
Route: A new metro line connecting Siddharth Vihar in Ghaziabad to Greater Noida West and the upcoming Noida International Airport.
Length: Total route length of approximately 72.4 kilometres, featuring 22 stations.
Completion Target: Expected to be completed by 2031.
Objective: This line aims to ease travel between Delhi NCR and the airport, significantly enhancing regional connectivity.
Aqua Line Extension
Route: The extension of the Aqua Line from Sector 142 to Botanical Garden.
Length: Approximately 11.56 kilometres.
Stations: Eight new stations will be added; Botanical Garden, Noida Sector-44, Noida Office, Noida Sector-97, Noida Sector-105, Noida Sector-108, Noida Sector-93, and Panchsheel Balak Inter College.
Cost: Estimated at ₹2,254 crore.
Objective: This project will facilitate direct interchange with Delhi Metro’s Blue and Magenta lines at Botanical Garden, improving access to Indira Gandhi International Airport and major railway stations. Initial ridership is projected to be around 80,000 passengers per day.
Thriving Economic Landscape
Corporate Presence
Noida Expressway houses several prominent companies, including KPMG, TCS, and many others in the IT and corporate sectors. Being present in the corporate world attracts skilled workers from across the country, adding to the vibrancy of the local economy. Moreover, the prevalence of professionals seeking job opportunities results in great demand for housing in the area.
Investment Opportunities
Investors can explore a variety of commercial and residential property options at Noida Expressway. Over the past few years, this region has displayed consistent appreciation rates of property. Investing in flats in Sector 150 Noida and other suburbs along the expressway is a lucrative venture with this upward trend.
Diverse Residential Options
Variety of Housing Projects
A plethora of housing options exist in this region, catering to various budgets and preferences. Buyers can find properties based on their requirements, be it lavish penthouses or spacious flats in Noida Expressway. Residential projects typically feature configurations such as 2 BHK, 3 BHK, and 4 BHK apartments, ensuring there is something for everyone.
Popular Sectors for Homebuyers
Some sectors along the expressway are much sought after by homebuyers due to their high demand and potential for appreciation. This is evident in the increase in interest in Sectors 93B, 107, and especially Sector 150.
The low-density living environment at Sector 150 Noida has made it a premier residential destination, especially post-pandemic, with families looking for safer living space with ample outdoor space. This approach means more privacy, more outdoor space, and better health as residents are able to engage in outdoor activities and build a sense of community.
Comprehensive Infrastructure Development
Social Infrastructure
Sector 150 Noida has essential amenities such as schools, hospitals, shopping centres, and recreational facilities. The presence of such reputed educational institutions and healthcare facilities further enhances the quality of life for residents in the region.
Other Lifestyle Benefits
Living in this region offers numerous lifestyle benefits that may enhance your daily living experiences:
Green Spaces: Although Noida Expressway already has nearly 80% dedicated green spaces, residential projects in the area have also incorporated gardens and green spaces to promote outdoor spaces.
Recreational Facilities: State-of-the-art gyms, swimming pools, multipurpose courts, and clubhouses are some of the amenities residents can enjoy in flats in Sector 150 Noida.
Robust Security Infrastructure
Residents are a top priority, so both the Noida Authority and the private residential communities have taken stringent security measures. Developing well-lit public areas and regular patrolling by local law enforcement agencies have contributed to the area’s overall safety. Families living here have peace of mind, with gated communities also implementing round-the-clock security personnel to maintain a secure environment.
Strong Rental Market
Rental Yields
The Noida Expressway rental market has excellent returns in various sectors. Good returns are expected as demand is high from professionals working in nearby corporate offices. Rental yields, however, vary between 3% and 6% depending on location and property types.
Demand from Professionals
As companies along the expressway grow, the number of professionals looking for rental properties also increases. This growing demand ensures investors can capitalise on consistent rental income while providing housing solutions for those who work in this booming economic corridor.
A Bright Future Awaits
Finally, investing in Noida Expressway property is an extremely good investment for anyone looking for a home or simply as an investor to explore the growth potential and vibrant way of life. Investing in this dynamic corridor does not only bring immediate benefits; potential buyers should also think of investing for its long-term growth potential. With urbanisation around the Delhi NCR landscape, investing in properties such as flats in Noida Expressway could be one of the best decisions you could make today.
Whether looking for your dream home or a lucrative investment opportunity, the Noida Expressway stands ready to welcome you into its flourishing community!
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