Noida a hub of luxury housing
Noida is currently not just an affordable housing destination but is slowly transforming as a luxury housing destination. This eventually is creating stiff competition amongst the neighbouring cities of Haryana and Gurgaon.
Authorities from the twin cities; Noida and greater Noida have planned to propagate these cities for luxury projects as there are quite a handful of commercial and residential projects emerging. According to the chairman of the three authorities of Noida, Greater Noida and Yamuna Expressway, Rakesh Bahadur, despite the township lacking necessary infrastructure and facilities, Gurgaon was the most costliest place in Delhi-NCR.
In the next five years, Noida will surpass Gurgaon as there are innumerable projects with world class agencies coming up in the area by renowned developers. On the other hand, developers are upbeat about the latest position of the region and this sort of a change was predicted and was needed as per CREDAI (western UP) vice-president and CMD of Supertech, RK Arora.
One of the main reasons for the area to get a new tag is that it is much stronger than Gurgaon in terms of infrastructure and that the high-end buyers are shifting base here followed by the help from the authority as well. Reports suggest that world renowned Italian couturier Giorgio Armani might design an exclusive flat in the Supernova project.
affordable housing destination, Commercial and residential projects, CREDAI (western UP) vice-president and CMD of Supertech, Greater Noida and Yamuna Expressway, luxury housing destination, Luxury projects, neighbouring cities of Haryana and Gurgaon., Noida, Noida and greater Noida, Rakesh Bahadur, RK Arora
[...] Singh, a resident of Greater Noida stated that there is a lack of precise feedback being registered by the consumers prior to the [...]
[...] Singh, a resident of Greater Noida stated that there is a lack of precise feedback being registered by the consumers prior to the [...]