In the heart of the bustling NCR lies a realty gem an upcoming commercial project in Noida, the Noida Expressway, a sought-after haven for savvy investors in both commercial and residential domains. Beyond its identity as the Noida-Greater Noida Expressway, this 25-km high-speed corridor has become the epicentre of transformative shifts in the Noida real estate landscape.
Connectivity Hub: The Expressway Experience
Noida Expressway stands tall as a connectivity marvel, seamlessly linking Delhi with Noida and Greater Noida, and extending its reach towards the Yamuna Expressway. Its web of connectivity extends beyond Noida, encompassing sectors in Haryana and Uttar Pradesh. Commuters revel in the efficiency of access to key destinations such as the Indira Gandhi International Airport and major railway stations
Employment Oasis: Where Careers Flourish
At the heart of Noida Expressway lies a thriving ecosystem of employment hubs, hosting the corporate headquarters of national and multinational giants. Names like Tata Consultancies, Adobe, and KPMG adorn this landscape, drawing in over 60,000 professionals daily. This surge in commercial spaces has seamlessly birthed a residential renaissance, transforming the area into a holistic living and working enclave.
Market Dynamics: Balancing Act of Commerce and Residence
Noida Expressway stands as a testament to balanced urban development, boasting a rare equilibrium between commercial and residential projects (60:40 ratio). Sectors like 44, 93B, 94 to 98, 100, 104, 140, and 140A showcase a symphony of commercial and residential endeavors, harmonized by a high-speed network of roads and a burgeoning metro line.
Key Players: Titans of Realty Crafting
Leading developers like M3M, Bhutani, Godrej Properties, DLF, and ATS Infrastructure have staked their claim in this evolving micro-market. The landscape, painted with affordable pricing, stellar connectivity, and proximity to Delhi’s key districts, has become a canvas for these real estate maestros.
Current Market Scenario: Navigating Prices
Residential property prices, currently ranging from INR 3,800 to INR 6,700 per sq. ft, showcase an enticing average of INR 4,980 per sq. ft. Post-2016, residential properties experienced a marginal dip, creating a buyer’s market. In contrast, commercial properties have soared, capitalizing on the heightened demand for office spaces in the NCR market.
Growth Prospects: Beyond the Horizon
Noida Expressway’s allure extends beyond the present, fueled by attractive property prices and a tapestry of existing and upcoming infrastructures. The imminent Jewar International Airport and the proposed state-of-the-art interstate bus terminal in sector 144 promise not just connectivity but economic upswings. The under-construction FNG Expressway, once completed, is poised to catalyze interstate connectivity and drive further growth.
Future Outlook: Ascending to New Heights
As we gaze into the future, the trajectory of Noida Expressway’s realty market points skyward. Forecasts predict a 10-12 per cent capital appreciation in real estate market trends in Noida, making this locale not just a prime destination for end-users but a haven for discerning investors.
In a tapestry woven with connectivity, commerce, and a promising future, Noida Expressway emerges not just as a real estate hotspot but as a canvas for those who envision a future where investments flourish and lifestyles thrive. Welcome to the unfolding saga of Noida Expressway – where every investment tells a story of growth and prosperity.