Mark Twain is said to have remarked,
“Buy land, they’re not making it anymore.”
He basically put words to the considerations of real estate investors. There are a few stories of flats/plots from the ’50s which were purchased for a couple of thousand rupees being sold for a couple crores today. That is the sort of stuff that keeps the legend of real estate investment alive and perfectly healthy.
According to Business Today, one of the best business magazine in India, Greater Noida is one of the hub spots for best real estate investment in India. It will no doubt be the greatest buy of your life. That is the reason each progression while in transit to purchasing a house whether for living or contributing must be brought with extreme care.
The area is controlled and managed by Gr. Noida (Greater New Okhla Industrial Development Authority). This city in Uttar Pradesh is being created under the UP Industrial Development Authority Act. Noida is nowadays considered to be the most modern and growing city of Uttar Pradesh. Noida, being the real business centre point for multinational organizations outsourcing IT administrations, health services administrations, BPO and so on. The plus side of this city is mostly national and international, well-known enormous organizations have already their corporate workplaces established. The city is additionally very much connected with Delhi and Gurgaon by means of Metro and going by road is likewise entirely a pleasant driving experience.
Before investing your hard earned money in a real estate property in Greater Noida, here are some of the benefits one should know:
- Over the previous decade, there has been a safe investment in this spot, with a normal of 15 percent return on investment. You can be guaranteed of a decent ROI by putting your cash on a land property around there.
- As Noida is a business centre for major corporate houses, the interest for both private and business properties is high. You can simply liquidate your venture and get more costs on the property in the wake of enhancing it.
- In the most recent couple of years, there has been an enormous increment in Greater Noida properties because of rising interest for both private and business units in this spot. So it can be guaranteed that you will get gratefulness later on for your investment.
- If you have a private unit or an office in Noida, then you can feel glad and earn reputation inside of your group of friends, to be an owner of such a lucrative thing, to the point that gets a higher market price.
The city has already shown some great potential for investors who yield for high returns or, either way, looking for some great properties for their own utilizations. Constantly proving everyone wrong who once though Greater Noida will have no future, with its world class F1 Track, Stadium, Expressways, Metro Project, High-rises & Big players keep pouring crores just to establish their industries here, no wonder buying a property will soon become a dream here.