Noida was developed as an industrial city, and in that way one could easily assume the city to house more industries and less development in the residential area. However, the trends in the residential sector of Noida are good enough to break this misconception as the city has developed nicely as a city having a good balance between the commercialization of properties and the development of residential establishments.
While the IT industry in the city is certainly big enough to capture attention in the prime events, the development of the same IT industry helped the city in emerging as a prime destination for the real estate development in the residential sector. The city saw good development in the real estate in Noida which formed a good way of employment in the locality. But with the evolution of IT hub in the city, it caught great attention as a city providing amazing job opportunities and this is what fueled the residential property market in the city.
The job opportunities here contributed to the increment in population because of the job seekers and with such a big development- the developers senses the demand of apartments in Noida which is currently one of the highest encouraged investment of real estate in Noida.
Residential projects in Noida:
Noida is a promising market for the developers and the investors and as this city is growing bigger with its expansion as the Greater Noida, the residential sector of apartments in Noida is witnessing several big projects going on in the city. These projects are to provide affordable residential facilities for the mass population while some of these are for the affluent class of the residents here. Some of the new big residential projects in the city are as listed below:
Sikka Kaamna Greens – Sector- 143 Noida
Patel Neo Town – Noida Extension
Sikka Karnam Greens – Noida- Greater Noida Expressway
Mahagun Mirabella – Sector- 79 Noida
White Orchid, Gaur City II – Noida Extension
Amrapali Crystal Homes – Sector- 76 Noida
Jaypee Garden Isles – Sector- 133 Noida
Amrapali Golf Homes Kingswood – Noida Extension
The reasons helping Noida in developing as the next big thing in the residential sector includes the availability of basic amnesties here with the highly developed infrastructure of the city. The city also receives its share of benefits because of the geographical position and having close proximity with the national capital.
In this article, Janvi Ahuja telling about the real estate in Noida and residential projects in Noida, where plenty of options to buy an affordable apartments in Noida.