Noida is
blessed with the strategy and location that
makes it most conducive to be the center
of industrial, commercial and residential
activities.
With a government which encourages least
red tapism and bureaucracy; functioning
with the concept of ‘one stop shop’
or ‘single window clearance’
for all clearances, flaunting commerce friendly
policies and keen to work on the infrastructure
innovatively as well as rigidly, the property
market of NOIDA is set for an indefinite
upswing.
An Entrepreneurs paradise, NOIDA is situated
at the doorstep of Delhi, only 14 kms from
Connaught Place and Delhi Railway station,
35 kms from IGI airport. Because of cutting-edge
infrastructure, Noida is home to leading
multinational businesses, industrial giants,
educational institutions and super-specialty
hospitals.
Especially considering the vibrant and ambitious
plans in store for NOIDA’s development
and enrichment including NOIDA city center,
Arogya Dham, IT and Education City and Metro
Rail project, the city is all set to attract
and maintain more big names and new players
from all walks of trade and commerce fraternity
and otherwise.
In other words, NOIDA is going to make it
very big. So before it becomes big enough
for your size, you should exploit the situation
to your own benefit. It may not be out of
place to mention here that the property
rates of NOIDA have more than tripled in
a short span of five years! What’s
more, the trend is bound to be more aggressive
in the coming years. So if you have money
to spare, enough to purchase realty, be
it on lump sum or installment basis, real
estate market of NOIDA can fetch you great
returns for your money in shortest period
of time.
The yield from the realty sector is both
safer and more profitable than the return
from the stock market. The real estate companies
like DLF Universal Ltd., Unitech Ltd., Parsvnath
Developers, DLF universal and HUDA are raising
thousands of crores through their IPOs (Initial
Public Offer) reflecting upon the popular
sentiment on real estate market.
Recently government has also allowed the
FIIs (Foreign Institutional Investors) to
invest in real estate issues to further
more foreign investment inflow, again showcasing
the lucrative nature of the real estate
market.
Further more SEBI and AMFI are working together
towards forming guidelines and regulations
for real estate-based mutual funds to pave
way for fund houses to launch schemes for
investing in the real estate sector.
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