Noida-Greater Noida Expressway, a 24 km stretch, has already brought the transformation in the property market in Noida. Since its inauguration, the expressway has been developing by leaps and bounds, not just in terms of connectivity with its neighbouring areas and Central Delhi, however the development at this stretch is more organized and balanced.
Let us see how the Expressway has only added to the development of the Noida and Greater Noida, in commercial property in Noida Expressway as well as residential property in Noida Expressway which is about to see even more upgrade in the years to come.
Both sides of the Expressway are filled with corporate sector. Companies like KPMG, Adobe, TCS and Birla Soft have their offices here. This has brought opportunity to residential builders and the area now comprises of numerous residential projects for every class.
The market serves both kinds i.e. affordable residential solutions as well as the most high-end residential zones. This has brought the entire stretch in notice of foreign companies and industrial houses as well. Owing to this, luxury hotels and restaurants have also been seen flourishing here along with various shopping arcades.
Well-planned infra-structure and robust connectivity
Various sectors from 129 to 150, are offering premium townships that are theme based like sports city that will cater to various kinds of need of the society. Societies are built adjoining each other in order to remain connected. The area has everything that is required by an investor in terms of social infra-structure.
Metro line is already developed which will be operational soon. There are knowledge parks, hospitals, and entertainment hub like Connaught place, shopping arcades, schools, University and everything else connected with each other within a short radius.
In terms of connectivity, the Expressway itself joins Noida and Greater Noida and was basically built to ease the traffic congestions on National Highway 2. It also connects the two suburbs with Yamuna Expressway and Agra city.
It is a win-win situation for the residences and MNC’s and foreign establishments here as the human resource needs are fulfilled and employment is not a problem here
Availability of Land
Though lots of development has already taken place, schools, colleges, restaurants, corporate buildings and residential complexes have already taken an attractive part of the land on both sides of the Expressway, still there is a lot available for the developers to take over.
Lot of scope still lies for the development, which might take place in phases in upcoming years like commercial/residential property market in Noida.
Connectivity with Delhi
As mentioned above, the Expressway of 24 km connects Noida and Greater Noida. It not just connects the two suburbs but the most of the part of the stretch is connected with Delhi.
Only 3kilometres falls under Greater Noida while the approximately 20 Kms stretch belongs to Noida.
The upcoming metro-line is all set to connect the Expressway with other parts of the NCR say, Gurugram and Faridabad.
This will further enhance the connectivity and will prove to be the boom for the commercial real estate property in Noida Expressway and residential real estate property market in Noida Expressway here.
So the area is no more just the living space available for the working population of Delhi. In fact, it has turned out to the destination for the upward mobile population and home-seekers due to its self-sustaining feature and continued social infra-structural growth.