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How Noida-Greater Noida’s Infrastructure is Transforming the Real Estate Landscape?

By: Sagar Gupta, Director, Trisol RED Group

The Indian real estate sector is on the horizon of major transformation. Fueled by factors like urbanization, infrastructure development, foreign investments, and unwavering government support, the growth has maintained the sector’s allure and welcomed profit across residential and commercial segments. A recent report by Knight-Frank India- CII backs this anticipated development, which forecasts that by 2034, India’s real estate sector is expected to expand to $1.5 trillion, with the residential market-leading at a value of $906 billion, followed by the office sector at $125 billion.

Amidst this development in the real estate sector across the country, Noida-Greater Noida, the twin cities in the NCR region, emerges as the hotbed for rapid development. With the emergence of infrastructural developments like the Jewar Airport, Yamuna Expressway, Noida Expressway, and many more, the cities have transformed into key catalysts for regional growth. Noida-Greater Noida’s strategic location, proximity to Delhi, and excellent infrastructure have positioned it as one of the prime locations in the region. In addition to the world’s leading multinational companies, numerous renowned Indian companies are investing in Noida, Greater Noida, and Yamuna Expressway areas. With the introduction of the International Airport in Jewar, several major industrial operations are taking place in this location, which has become the most popular among buyers.

One factor driving the demand for real estate projects in the region is the robust metro connectivity. The expansion of metro lines has significantly improved accessibility, reduced travel time, and alleviated road traffic congestion in the city. This enhanced connectivity has not only made the area more livable but has also increased its attractiveness as an investment destination. 

Regarding road connectivity, the Yamuna Expressway has increased the establishment of residential and commercial projects along its route. Further, the Jewar airport’s location along the Yamuna Expressway has resulted in an upswing in the commercial and residential property markets in the surrounding areas. The 165-kilometer-long, six-lane highway has significantly reduced travel time between Noida and Greater Noida, offering commuters a seamless and easy connection. Furthermore, the setting up of Noida Film City and the Buddha International Circuit is expected to spur development along the route.

On the other hand, the Noida-Greater Noida Expressway is another haven of infrastructural development and premium amenities. The expressway is a contemporary arterial route connecting Noida and Greater Noida while offering seamless access to the rest of Delhi-NCR, including Delhi, Ghaziabad, and Faridabad. This area projects a multitude of housing options, from luxury to affordable, appealing to people from all walks of life. The expressway also helps develop green corridors and environmentally friendly activities. Parks, green spaces, and sustainable practices have become essential for real estate development.

The presence of modern and premium amenities, including excellent connectivity and affordable housing and commercial project options, has made Noida-Greater Noida an ideal location for homebuyers and investors. The twin cities’ overall development has made them a coveted destination, offering affordable housing options and impressive retail development, creating ample investment opportunities.

** Views expressed in this article are author’s personal and do not reflect the opinion ‘Realty & More’.