Finally, the Delhi Metro Railway Corporation (DMRC) is set to launch the Magenta line from December 25th onwards, which will depart from Botanical Garden. The property in Noida would take a pace in growth both the residential and commercial as well.
After this metro line would start the connectivity between Noida and South Delhi would increase, which will create wider options for Noida’s property and easy to commute for people between the two areas.
People travel on the daily basis from Noida to Delhi for office purpose it would be easy to travel and work for them. The properties in Noida will not leave unsold because people can opt for staying here and work in South Delhi at the same time.
As there are so many residential options available for rental purpose in Noida (less than South Delhi apartments) and the rent is totally affordable, it would positively affect the properties.
The real estate industry of Noida will have a kick-start upcoming this New Year because of the magenta line. The inventory would be positively affected by connectivity is always the concern.
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There are several residential apartments available for the rental purpose even after being ready by the builders will not be vacant anymore, people would be able to commute from Noida to Gurgaon as well.
The magenta line would result beneficial to Noida by being a bridge between the success and Noida’s properties.