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Greater Noida West: A Booming Real Estate Destination in NCR
by Admin December 28, 2024

Greater Noida West: A Booming Real Estate Destination in NCR

The idea of making a real estate investment in Greater Noida West, aka Noida Extension, has slowly built momentum over the years. In today’s landscape, it's almost impossible to ignore the growth wave surging through this neighbourhood in NCR.

But a question remains – why is Greater Noida  West poised to become one of the hottest investment destinations? Especially when one has growing suburbs like Greater Noida and Yamuna Expressway promising a lucrative prospect.

Well, let’s see!

The Pulse Of Growth – Prime Connectivity

A key factor transforming the real estate of Greater Noida West is connectivity – or rather, the sheer convenience of well-connected roads and transport networks. Its seamless accessibility to major expressways has redefined its appeal, offering commuters direct access to prominent NCR locations.

Here’s how it looks:

  • Upcoming Noida International Airport: 40-50 minutes*

  • Anand Vihar ISBT and Railway Station: 40 minutes*

  • Akshardham Temple, Delhi: 40 minutes*

  • Wave City Center Metro Station: 25 minutes*

  • Shopping Malls: 35 minutes*

  • Knowledge Park: 20 minutes*

  • Major Schools and Hospitals: 10-15 minutes*

Such connectivity opens up a realm of possibilities for both commercial and residential real estate in Noida Extension.

Renowned Infrastructure Development

It's not the connectivity that revolutionised a region – the infrastructure growth plays a pivotal role, too.

And no, in Greater Noida West, it hasn’t just happened overnight.

Infrastructure development here is deliberate, large-scale, and tailor-made for the future. Over the years, top projects in Greater Noida West and their residents have seen some of the most ambitious infrastructure projects in the NCR.

  • Yotta Data Centre

A state-of-the-art digital infrastructure project by the Hiranandani Group, operational since 2002, spans over 80,937 square meters. The data centre aims to attract IT companies, cloud service providers, and MNCs with a power capacity of 250 MegaWatt and 30,000 server racks, creating employment and economic growth.

  • Surajpur Industrial Area

A thriving industrial ecosystem leading Uttar Pradesh’s vision of becoming a $1 trillion economy is home to renowned players like Yamaha Motor India. It’s also a key part of Uttar Pradesh's ‘One District, One Product’ initiative. This industrial hub continues to draw investors looking to tap into the region’s growing economic landscape.

  • Delhi-Meerut Expressway

This 96-kilometre-long access-controlled expressway, operational since 2018, has drastically reduced travel time between Delhi and Western UP (2.5 hours to 40 minutes). It ensures smooth travel from Delhi to Ghaziabad, Meerut, and later connects to the Easter Peripheral Expressway.

  • 33/11 kV Substation

To support the growing real estate of Greater Noida West and its power consumption, the Noida Power Company Limited (NPCL) has successfully started the operation of a 33/11 substation in Sector 1. This is one of NPCL's 60 substations operational in the region. It aims to provide reliable power distribution across critical areas like Techzone 4, Sector 1, Bisrakh Village, and nearby commercial areas.

Upcoming Influential Projects: The Future is Now

While current infrastructure offers a solid foundation, upcoming projects will define the future trajectory of Greater Noida West.

  • Ek Murti Chowk: 6-Lane Route

This project promises to reduce traffic congestion at a notorious bottleneck. With the transformation of the current roundabout into a six-lane road, daily commutes will be drastically shortened, saving valuable time for residents and businesses alike.

  • Namo Bharat Rapid Rail

India’s most progressive infrastructure project, the Namo Bharat Rapid Rail, will connect Ghaziabad, Greater Noida, and Greater Noida West with Noida International Airport (NIA). This 72.4 km stretch will entertain 22 stations, making the commute between key areas smoother, faster and more effective. Some of the major stations include Noida Sector 71, Greater Noida West, TechZone 4, and Pari Chowk.

  • Noida-Greater Noida West Metro

A 17.4 km metro line designed to ease daily commute between Noida and Greater Noida West is set to reduce traffic congestion in critical areas. To be built at an estimated cost of ₹2,991 crores, it will further accelerate the region’s growth, connecting key areas such as Gaur Chowk, Teen Murti, and Ek Murti Roundabouts.

  • Gaur Chowk Underpass

To further reduce traffic congestion at the Ek Murti Roundabout, the Greater Noida Authority is constructing a 750-meter underpass at the Gaur Chowk. Said to intersect with the proposed Greater Noida metro line, it will provide seamless connectivity to Gaur City.

Investment Potential: The Numbers Speak

If numbers are to be believed, Greater Noida West’s investment potential is undeniable. The region has witnessed a staggering 122% price appreciation in the last five years. Furthermore, as per a report shared by Times Now, the area has seen a capital value rising by 21.62% year on year. Flats rates in Sector 12 have increased by over 41.3 %, making it the most promising sector to invest in. Hence, projects like Victory One Central and Sikka Kaamya Greens are experiencing high demand.

The rise in commercial real estate has also seen a skyrocketing rise, with a growth of 16% in 2024 itself (from Q1 to Q4).

And if there’s one thing the region proves is the fact that this isn’t a passing trend – it’s a market here to stay.

Conclusion:

Real estate in Greater Noida is a growing hub brimming with opportunities. With unmatched connectivity, rapidly developing infrastructure, and rising prices, it is on the brink of becoming NCR’s most rewarding region for investment.

And if you are ready to make a move, this is the perfect time. Get in touch with us and secure your place in the future of NCR. It’s waiting for you.

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