Noida Extenison All Set To Give Tough Fight To Greater Noida
First there was the Mayur Vihar extension. Then we heard about Raj Nagar extension. And now it’s Greater Noida’s turn to do some stretching. Noida Extension is technically Greater Noida’s Sector 1 close to Noida Sector 121 and 119. Several builders have been allotted land here for constructing residential units both high- and low-rise structures. Commercial and corporate activity is also planned for the area as rates are less compared to the developed sectors of Greater Noida and Noida.
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The new projects coming up here are located adjacent to Noida’s Sector 121 and face the 130 m road now known as the Noida-Greater Noida Link Road. Metro connectivity is coming here soon, too, with the Delhi Metro Rail Corporation Ltd (DMRC) having sent a detailed project report (DPR) to the Greater Noida authority proposing the route for Phase 1.
As part of this phase the Metro is expected to connect the Sector 32 City Centre to Barolla, the Expressway, Pari Chowk and Knowledge Park 4, covering a total of 29 kms. Phase II of the project will connect Knowledge Park 4, sector I in Greater Noida and Noida sectors 71, 72 with the Sector 32 City Centre.
Noida Extension is one of the real estate destinations in India for investors who can wait for a year or two to explore housing options in the area. It is primarily a long-term investment. Several builders such as Supertech, Amrapali and Gaursons India Limited have been allotted land here. Besides residential, the township will also have commercial and institutional areas.
Besides apartments for retail, plots are being offered to Cooperative Group Housing Societies (CGHS). Noida Extenison is all set to give a tough fight to projects coming up in Noida, especially those in sectors 121 and 119, primarily in terms of price and location. Today, things have changed so much so that they are already comparing Noida Extension with Expressway projects.
Noida extension is Sector 189 and Sector 445 of Greater Noida.These area are around 4–5 km from Sector 121, Noida, i.e. the road from Sector 121 would pass over Hindon river and reach Sector 1/4 in Greater Noida. Noida is a major hub for multinational firms outsourcing IT services. Because of the Special Economic Zone, the suburban atmosphere in Noida and its proximity to Delhi, Noida Extension is good real estate destination.
In Noida, due to its proximity to New Delhi and the increased pressure on land due to economic boom conditions, property rates are on the rise in the township. Now real estate developers and investors opt Noida Extension due to its easy connectivity to Noida and Delhi. Besides residential projects, Commercial and corporate activity is also planned for the area as rates are less compared to the developed sectors of Greater Noida and Noida. Developers offers residential projects starting at Rs 9 Lakh and going as high as 40 lakh.
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