35.66 % area of Noida is being developed as a residential areas, with 4,49,456 sq m land earmarked for the purpose and rest meant for group housing projects. For the working class, engineers/employees of different establishments, a project has been introduced involving construction of 31,035 residential units in duplex, HIG, MIG, LIG and EWS categories. For sheltering those below poverty line, under the Shramik Kunj project, 4,952 houses, each a one-room set, have been constructed. Plans are also afoot on a project to bring a senior citizens' residential complex.
The city is offering a number of buying options in established sectors like Sector 44 and Sector 50, where a large number of residential projects have been launched. Sector 50 emerged as one of the first investment destinations in Noida as it offers quality accommodation. The sector has a mix of plots and apartments comprising group housing and builder apartments like Stellar, Silver City, Assotech, ATS I and ATS II, Mahagun. The sector has well laid roads and will have proximity to Metro Rail network, which adds to the price appreciation in the location. The current capital values in the location are between Rs 4,500 and Rs 5,500 per sq ft and are likely to strengthen with Metro becoming operational.Sector 44, which is close to Greater Noida Expressway, is well connected to Delhi and Ghaziabad. This is the first sector one encounters if we go to Noida via Sarita Vihar Yamuna Bridge. It houses luxury projects like Omaxe Royal Residency, Pearls Gateways, Express Green and Gulmohar Garden, whose prices are Rs 6,500 and Rs 7,000 per sq ft. A number of projects are coming in Sector 45 as well, currently being quoted at Rs 3,300 per sq ft.
Noida has now emerged as a planned, integrated and modern industrial city, well connected to Delhi through a network of roads, national highways and the ultra-modern DND flyover, offering inter-road linkages to all parts of the country. Spread over 20,316 hectare, with many sectors fully developed, NOIDA (New Okhla Industrial Development Authority) offers a high standard of living with pollution-free and highly supportive industrial environment with its unique infrastructure providing matchless facilities. As far as basic infrastructure is concerned, roads in Noida are even and wide facilitating for a smooth and comfortable movement of traffic. NH-2, Link Road, Kondli Road, Noida-Greater Noida Expressway, the Noida-Agra-Mathura Expressway (under construction), and the eight-lane DND flyover with a toll bridge are already operational, further providing ease and comfort for traffic to and fro from Noida. The DND flyover with toll bridge and toll plaza is a unique project. The Noida authority is maintaining 400 km long internal roads and 125 km long peripheral roads in different sectors, which make the intra-city traffic much easier and comfortable.
India is the safest and most secure destination for the $3.5 trillion Arab investments.
Noida is totally free from pollution, and also from traffic jams, which can raise the levels of pollution and ambient temperature. The authority has also developed a number of green belts, gardens and parks in furtherance of this stated goal. With a view to keeping the city green and clean and sustain the ecological balance in Noida, a project to develop parks in 165 acres of the land comprising 95 acres green belt, and tree plantation along 150 km road length is on the anvil. Two sewage treatment plants are in operation in Noida, producing 7 Crore liters of water per day, which is intended to irrigate the green belts and parks with various flora in all sectors. The authority will also undertake the construction of underground water-supply facilities, and make possible provision of water at cheaper rates for irrigation purpose.
India's shipments in January jumped 11.5% year-on-year to $14.3 billion to maintain an upswing for the third straight month, though the latest figures remian a tad lower than the $14.6 billion levels notched in December. During April-January, exports stood at $133 billion against $144 billion in the year-ago period. In the five-year foreign trade policy for 2009, the government had set an export target of $200 billion for 2010-11.
India’s macroeconomic fundamentals will keep India ahead of four biggest developing nations in world,” Mobius, who manages $34 billion in developing-nation assets at Templeton Asset Management.said in a question and answer interview posted on the company’s web site on Monday. India’s stock market was among the 10 best performers globally in 2009, according to data compiled by Bloomberg. Still, it trailed a 121% gain in Russia’s Micex Index as well as an 83% rally in the Bovespa Index in Brazil. China’s Shanghai Composite Index gained 80%. In Brazil, the growing consumer market creates “opportunities” for companies including financial services, healthcare, cosmetics and beverage companies, Mobius said in the report.
India is best option for NRI'S planning to Invest for Property. INDIA’S budget yet again demonstrates to NRIs that investing in their homeland is probably the best option right now. The West is still struggling to climb out of one of its deepest recessions and provides low returns, while India’s growth story promises healthy returns. Surely, it’s time to wake up and smell the Indian coffee.NRIs can reap much higher returns of eight% for term deposits if they convert their currencies into Indian rupees.The return on Indian equities in the past year has been calculated at 87.4%. NRIs will also benefit from the lowering of income tax rates announced in this budget if they file their returns in India. If an NRI invested in real estate stocks for the last year, the returns would be a whopping 139%. Unlike most Western economies, India has begun to withdraw the stimulus. In the economic report card for the year, the Indian finance minister announced that the economy is growing at a healthy 7.2% - one of the highest in the world.
According to the latest figures released by RBI, outstanding bank loans grew Rs 22,596 crore in the fortnight ended February 12 to touch Rs 305,1676.2 crore. Achieving the targeted growth would force banks to lend Rs 55,000 crore every fortnight.
