Noida might become a smart city
Noida has it all. Residential units in this market are available within the affordable price range of Rs 45 lakh to Rs 55 lakh in both the primary as well as the secondary market. What, however, has ruined buyer sentiment in this market is delay in delivery in many cases.
Things could look up for the city as it is probably one of the first in NCR that’s expected to be converted to a smart city, which definitely bodes very well for its residential real estate market. Experts believe that Noida has the potential for this transformation because not only does the city have enough land available for its expansion, its strategic location, connectivity and existing infrastructure also make it an attractive destination for homebuyers.
According to current trends in the region, most affordable units command a price of Rs 45 lakh to Rs 55 lakh. Some of the sectors which offer properties in this price range include 70, 71, 72, 73, 74, 76, 77, 105, 108, 109, 110, 120, 121, 132, 133, 137, 140, 143 and more. Noida is virtually on the Capital’s doorstep and that’s the main reason why buyers from all price categories are attracted to this city as said by Pradeep Mishra, CMD Rudrabhishek Enterprises Pvt Ltd, an urban planning firm based in Noida.
Source: Hindustan Times
CMD Rudrabhishek Enterprises Pvt Ltd, Noida, residential real estate market, Smart City, urban planning firm based in Noida
