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Property in Noida is an Investment deal which is driving the investors crazy and making them pay any worth for any type of property.
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New residential projects in Noida drive new investors in realty sectors • Property in Noida is an Investment deal which is driving the investors crazy and making them pay any worth for any type of property.
Brief Description Once there was a time when people used to invest in the stock market, mutual bonds, insurance for getting tax redemption and rebates. But now people have drifted towards real estate which is making realty investment more pragmatic and lucrative. This trend is more followed in Northern India where you get more hotspots for property investments. The most strategic area considered great for this purpose is the National Capital and the areas around it. Delhi is surrounded by well developed suburbs from all sides which is called National capital region. NCR includes Noida, Greater Noida, Ghaziabad, Meerut, Gurgaon, Rohtak, Faridabad, Bhiwadi, Sonipat, Panipat etc.. Since Delhi is a prime location hence the property rates here are sky rocketing and hence everybody cannot afford it. For those who have handpicked budget, NCR area is the bright option for them. Properties in these regions are affordable and have all modern facilities and features which are available in any residential society in New Delhi. Out of the entire NCR, residential flats in Noida and Gurgaon are demanded the most. This is because of the proximity to New Delhi. Moreover the metro connectivity had added to the rising prices of property here making it simply the best for end use as well as investment.
The extended area of Noida, that is Greater Noida is the nearest institutional area of Uttar Pradesh and is also the growing IT hub of North India where companies like Wipro, HCL, NIIT have their headquarters and operate through hundred of employees. The emergence of this commercial hub has given rise to demands of new residential projects in Noida and Greater Noida to facilitate easy commutation of the employees working here. Not only greater Noida but even Noida has seen the growth of IT companies here. This is the reason why apartments in Noida are in demand from young buyers working here. What actually has played a trump card in properties in NCR region is its rapid transit corridor. With wide roads and DTC bus operation, one does not feel troubled in going from one place to another. As the time will pass these areas will definitely face appreciation. It may be April 2013 when property tax is expected to get revised. This will increase the legal value of the property which means you have to pay nearly double the present amount each year as property tax what you are paying currently. So this is the time when you can make subtle investment at the price most feasible and reasonable for your pocket.
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