Greater Noida is a suburb of Noida city that is initially conceptualized to accommodate the rising demand of residential properties in the city. Investing in one of the new projects in Greater Noida is going to be more expensive sooner as the authorities at Noida Expressway and Yamuna Expressway have jacked up the land allotment rates of the plots by 10-12% here. The land allotment rates have been changed for residential properties, group housing and the industrial plots. The rates of the commercial properties will remain unaffected.
Why Greater Noida is the best investment option?
There are plans to re-allot the 2500 acres of land in Greater Noida which were set aside before for group housing and mixed use developments and this is the main reason that the land allotment rates increase. Despite this, Noida city continues to be on the radar of most home buyers in NCR mainly because of its closer proximity to the national capital. The city also have maximum per capital income which says that the purchasing powers of the residents is higher than other places. According to the master plan, several infrastructural developments are also proposed here like the alignment of metro that will link Noida with Greater Noida.
Apart from this, excellent connectivity of the city via road and metro network, over-bridges etc., make it an ideal location to invest. Greater Noida is one of the best connected areas in terms of road network. The six-lane and eight-lane planned roads offers seamless connectivity and will initiate a real estate boom in the coming years. This is the right time to invest in a property in Greater Noida, as the property prices are likely to shoot up high soon.
Purvanchal Royal Park – A Luxurious Residential Project to Invest
Many renowned builders have launched their luxurious and high-end projects in residential, commercial and retail segments in Greater Noida. Some of these developments have truly redefined the standard of class, luxury and quality-living. Out of the list of elite developers offering classy projects in the city, one builder that is truly redefining the standard of premium living in Greater Noida is Purvanchal Group. The developer is coming with its latest offering by the name of Purvanchal Royal Park in Sector 137 Noida. The development is a right mix of 3, 4 and 5 BHK ultra-luxurious apartments built with utmost care and attention to meet the quality standards. Special emphasis is given on modern ambience and pleasing aesthetics.
The project is conveniently located considering the fact that upcoming metro station will be there at a walking distance. The apartments at Royal Park are affordably priced for the luxurious features and amenities it offers to make your life more comfortable. Those who wish to live a royal life at a great location in Noida city, The Royal Park project is a definitely a worth investment. Lucrative financing options are also available for the buyers from the associated banks to make your purchase easier. Restaurants for rent in Qatar