Talking about investment destinations in India, the National Capital Region is perhaps been enticing many from across India. Investors flock Delhi NCR with investment opportunities. One such crucial investment destination that recently came into the limelight is the Yamuna Expressway belt. The area has been a real estate destination from the time it became operational. Areas around the expressway like Noida and Greater Noida has gained prominence since the expressway was proposed in the region. The expressway covers a stretch of 165 km starting from Noida upto Agra crossing Greater Noida. The expressway has two important touch points. That is Noida and Greater Noida. These two localities have ever since been on a race to merge as a top investment destination in the National Capital Region. Both the areas are well developed and have been in the limelight. Let’s analyse the pros and cons of both the localities.
Noida is a developed locality. Like Gurgaon this area is now one of the premium places in the national capital region. The property prices have gone up and resale property market is huge and primarily govern the market. Rental market is also another primary market for end users. Residents who have invested in flats in Noida earn a handsome rental. The Yamuna Expressway has not only improved connectivity of Noida region but it has created new pockets of commercial and residential real estate investment. Prices near the Yamuna Expressway today are high and home buyers are looking to buy flats in Noida for the sole reason that the Yamuna Expressway has added value to the city. However certain pockets in the city are highly expensive and not affordable by many. If you have a big budget you must consider investing in Noida. Plots and flats are a good investment option.
Greater Noida on the other hand is a new developing locality. The area shows immense potential and is good for investment purpose. Price of apartments in Greater Noida are reasonable and there is range of investment options as well. Investment in a developing locality is also a good option because it offers good price appreciation. Developed localities offer marginal price appreciation and the realty sector gets stagnant after a while. The benefit of investing in an apartment in Greater Noida is the short term but higher return on investment.
Making a buying decision consider all the factors and then make an informed choice. Major builders like Jaypee Builders have announced projects along the Yamuna Expressway. One of the primary drivers of real estate in the region is the F1 track. Because of this it has shown good growth in the surrounding regions. Tourism has flourished and so has the commercial real estate. There is a lucrative opportunity at the expressway for big builders as well as end users. The extension of the expressway to Agra because an important link to India’s most popular tourist destinations. Another few years will change the way this expressway transforms the realty sector.