Noida Extension is a key destination for Real Estate Investors and Buyers that is beautifully located and highly affordable. Primarily, this area was planned to provide reasonably priced housing to homebuyers in the NCR region. The plots in Noida Extension are reasonably priced in comparison to Gurgaon and Delhi, which has made it a preferred location for both investors and buyers. The affordable residential plots in Noida Extension will get facilities of the effective public transport network, planned extension of metro connectivity and with huge pipeline of residential projects coming up.
The residential plots in Noida Extension are quite competitive, so there is an opportunity for investors to invest in property of their choice. The Authority Plots in Greater Noida West are affordable and strategically located to give the residents the best possible facilities. With the independent house in Authority Plots in Noida Extension, the resident will be able to access basic amenities like schools, colleges, hospital, pharmacy shops and markets and malls.
Advantage of Buying Residential Plots in Greater Noida West :
The Noida Authority has given its initial nod for converting all leasehold property into freehold plots in Noida Extension, this will help the resident to get full ownership of the property allowing them redevelopment. There are lot of abaadi plots in Greater Noida West, these are known as kissan quota plots or 6% plots which are given to the farmer in compensation of the occupied land. Though these plots are cheaper but it does comes with good location and neighbourhood. Being reasonably priced and with many great upcoming amenities, the plots in Noida extension do face some scarcity in availability of these plots. Some of the bottlenecks are local transport network is not fully functional, no price appreciation over a year, construction of office space and commercial building are behind schedule. Besides affordability, well-planned city and large square feet area, there are other reasons for investment in Noida Extension; growth in job opportunities as large number of IT companies coming up, accessible to most of the key locations and good investment for big investors and companies. That is why there are limited villa societies in noida. Also it has potential to offer decent ROI based on the kind of development happening in this area.