While there are several parameters signalling a good investment opportunity, infrastructure development is one of the most obvious indicators. Greater Noida is gaining momentum as a residential alternative for those who are working in various commercial sectors of Noida. The location not only offers realty at lower prices than other parts of the NCR, but also a plethora of projects to choose from. This when coupled with several infrastructure projects makes for a burgeoning residential destination. You can buy one from among the plots in Noida for the price of an apartment along the Yamuna Expressway, which connects Greater Noida with Agra.
The sub-city has also come off age as far as infrastructural development is concerned. The city has garnered a lot of mileage ever since the Noida-Greater Noida Metro Link was announced. Also, the Expo Mart has also provided an impetus to the popularity of the location. A convention centre near the Expo Mart in Knowledge Park-III is also in the pipeline. This is proposed to be equipped with a business district, food court, cultural centre and office space. Residential plots in Greater Noida in such localities are a great bet. Further, there is news about a helipad in the sub city too.
These amenities make it a great city to start business ventures in. Moreover, the twin authorities of Noida and Greater Noida had also launched commercial schemes for entrepreneurs and investors in the past offering commercial plots in Noida ranging from 80 sq. metres to 372 metres in size and shops and kiosks in Greater Noida. This will definitely give a boost to small sized firms and start-ups and Delhi might just be the sought after start-up environment after Kochi and Bangalore.
Greater Noida is the second best choice after Noida for a budding start-up because the city is well developed. The commercial plots in Greater Noida are well-placed and available in industrial, residential, institutional and commercial sectors of the city. This includes some of the prime sectors like 1, 12, 16, 18 and 20. However, the high registration charge on the plots may dissuade investors from setting up enterprises in the region. Less than 35% of land allotted for industrial purposes by the Greater Noida Authority is being actively utilized currently.
The Yamuna Expressway Industrial Development Authority's (YEIDA) board has recently approved the budget for a multi-modal transport system. Budget has also been allocated for a master plan of essential services such as electrification, sewage, water and drainage. The total budget allocated is approximately Rs 7,580 crore. This announcement made by the YEIDA certainly seems to be a good news for investors because investing in a market where infra-projects are announced or in the nascent stages of development, provides ample opportunity for appreciation of the property.
The sub-city has also come off age as far as infrastructural development is concerned. The city has garnered a lot of mileage ever since the Noida-Greater Noida Metro Link was announced. Also, the Expo Mart has also provided an impetus to the popularity of the location. A convention centre near the Expo Mart in Knowledge Park-III is also in the pipeline. This is proposed to be equipped with a business district, food court, cultural centre and office space. Residential plots in Greater Noida in such localities are a great bet. Further, there is news about a helipad in the sub city too.
These amenities make it a great city to start business ventures in. Moreover, the twin authorities of Noida and Greater Noida had also launched commercial schemes for entrepreneurs and investors in the past offering commercial plots in Noida ranging from 80 sq. metres to 372 metres in size and shops and kiosks in Greater Noida. This will definitely give a boost to small sized firms and start-ups and Delhi might just be the sought after start-up environment after Kochi and Bangalore.
Greater Noida is the second best choice after Noida for a budding start-up because the city is well developed. The commercial plots in Greater Noida are well-placed and available in industrial, residential, institutional and commercial sectors of the city. This includes some of the prime sectors like 1, 12, 16, 18 and 20. However, the high registration charge on the plots may dissuade investors from setting up enterprises in the region. Less than 35% of land allotted for industrial purposes by the Greater Noida Authority is being actively utilized currently.
The Yamuna Expressway Industrial Development Authority's (YEIDA) board has recently approved the budget for a multi-modal transport system. Budget has also been allocated for a master plan of essential services such as electrification, sewage, water and drainage. The total budget allocated is approximately Rs 7,580 crore. This announcement made by the YEIDA certainly seems to be a good news for investors because investing in a market where infra-projects are announced or in the nascent stages of development, provides ample opportunity for appreciation of the property.