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Thursday 19 July 2018

Benefits of Owning Property in Noida

Noida has always been at the top of the list of preferred cities to buy a home. This is because it is a planned city and has an extensive green belt that offers respite from the pollution of Delhi. Also, the city is well-connected to Gurgaon, New Delhi, Faridabad, and Ghaziabad.

Even though Noida is one of the largest and most well-planned cities in India, it offers affordable housing projects, and it is now possible for homebuyers to buy fully furnished studio apartments in Noida. This can be a boon to people who are too busy to equip their home.


Why own a property in Noida?
Owning a property in Noida gives you exposure to different benefits and a list of opportunities as a residential investor
· Noida is better planned than Delhi and boasts of a lot of greenery.
· The city has good infrastructure, which increases the charm of living here.
· Noida is improving by the day, thanks to the rapid development.
· Noida has some of the best educational institutes.
· Noida is a business hub, and home to several MNCs. This means more opportunities for job seekers.
· More job seekers mean easier to rent out the property if you don’t intend on living here.

Things to consider before buying a property
· Decide what you want to buy – a plot or an apartment. It is possible to buy fully furnished studio apartments in Noida. So, if you don’t want to spend time and money to furnish your home, these apartments are perfect.
· Look at the location of the property. Opt for a property that allows easy access to the Expressway, which connects Greater Noida with Agra. It also allows seamless commute to and from Delhi.
· Research the developer. Always choose an experienced developer. If the projects are being developed by unknown or inexperienced builders, then they are prone to execution delays.
· Know the project specifications. Have a clear idea of the specifications. Look for a project that is close to parks, entertainment centers, and education institutions.
· Check the amenities the builder is providing. Negotiate as many amenities as you can without incurring higher costs.

There is no doubt that Noida is the largest industrial township in Asia, and it is well connected and neatly planned. These features make it worthwhile to buy property for personal use or to rent it out to executives who work in the city.