Reasons behind growth in the Greater Noida region – Yamuna Expressway Authority Plots Resale: @ 9350473437
Reasons behind growth in the Greater Noida region
The prices of residential property have increased by 21.6% year-on-year in the Greater Noida West area, according to a report released by 99acres, Magicbricks etc Research. Advantageous location, well-planned infrastructure, affordable housing options, and a host of modern amenities have made Greater Noida West an attractive option for homebuyers and investors. With a 13.5% year-on-year surge in rents, this has also witnessed the highest rental growth among all localities of Greater Noida, as per the data.
One of the major reasons behind this growth is its affordability. Properties in Greater Noida West are relatively more affordable compared to other parts of the National Capital Region (NCR), says 99acres, Magicbricks etc Research. Further, the area has seen significant infrastructure development, including better roads, connectivity, and public transport.