Real estate sector in India is currently
growing at a very fast rate and tier- II cities are contributing extensively to
this. Initially, bulk of real estate development was happening in Metros like
Delhi, Mumbai, Kolkata or Chennai. Later on, when due to sustained and fast
paced construction of residential and commercial properties in these cities,
space for construction became scarce real estate developers
shifted their focus to sub-urban areas surrounding these cities. In Delhi,
developers shifted their focus to neighboring tier- II cities of Haryana and UP
(Uttar Pradesh), cities like Noida, Greater Noida, Faridabad, Ghaziabad and
Gurgaon. These cities are collectively called NCR (National capital region).
All leading real estate builders and constructors started residential and commercial
projects in NCR cities. Besides affordable housing projects offering 1, 2, 3
BHK flats, luxurious residential projects providing villas and penthouses were
developed. Commercial projects like malls, multiplexes were also building.
Modern complexes offering office and retail spaces, which were previously
developed only in Delhi started coming up in these cities. Presently many large
projects of leading developers are being built in these cities.
Greater Noida is a part of Gautam
Budh Nagar of Uttar Pradesh and it is basically an extension of Noida. Among
all NCR cities, large scale real estate development started first in Noida.
When builders shifted their attention from Delhi to NCR cities for development
of residential and commercial projects, first option exploited by them was
Noida. Noida experienced extremely fast paced Real estate development which
diversified to Gr Noida eventually. Gr Noida is currently seeing a surge in
real estate development similar to other NCR cities. Many big housing projects,
malls, office complexes, cineplexes, retail spaces are being planned for Gr
Noida. Many projects by leading developers are at different stages of
completion. Some of the important residential projects in Gr Noida are- New
Rajneegandha Greens, Golf country, Green Avenue, Gaur
Yamuna City Noida Antriksh valley, Amaira county, Safari Studio
Apartments, Cypress court, Express park view- II and Castille-II. Gr Noida also
boasts of numerous commercial projects like India Trade Centre and Aldeco
Arcadia.
Rajput Properties and Developers
Pvt. Ltd., a well known real estate company has launched a residential project,
New Rajneegandha Greens at Noida extension, Gr Noida, Uttar Pradesh (UP). New
Rajneegandha Greens, Noida extension offers 2 and 3 bedroom apartments with
sizes ranging between 890 sq. ft. and 1990 sq. ft. at affordable prices.
Supertech group has launched a new residential project, Golf country at Yamuna
expressway, Gr Noida. Spread over 100 acres, this premium residential project
in Gr Noida offers plots with sizes 100, 150 and 200 sq. yards at very
reasonable prices. Supertech Group is also offering Safari studio apartments in
Tower- H of Up Country residential project, a newly launched high rise
residential project at Yamuna expressway, Gr Noida. These fully loaded studio
apartments with size 495 sq.ft are being offered at very affordable prices.
Great Value Infra Developers has launched a new residential project, Amaira
County at Yamuna expressway, Gr Noida. This premium residential project in Gr
Noida offers plots with sizes ranging from 180-1000 sq. yards at very
reasonable prices.
Grand Aashiyana group has
launched a new residential project, Green Avenue at Gr Noida. This premium
residential project in Gr Noida offers 1, 2, 3 and 4 BHK apartments with fine
floor plans. Apart from 2, 3 and 4 BHK apartments with sizes ranging between
995 sq.ft and 2350 sq.ft 1 BHK studio apartments with sizes 390 sq.ft, 490
sq.ft and 790 sq.ft are available here. Antriksh Group, a leading real estate
developer, has launched a residential project, Antriksh Valley at Tech zone-IV,
Noida Extension, Greater Noida. Antriksh Valley, Noida extension offers 1, 2, 3
and 4 BHK apartments with sizes ranging between 575 sq. ft. and 1890 sq. ft.
with fine floor plans at affordable prices. Nimbus Projects Ltd has launched a
gated residential project, Express Park view-II at CHI- V, Greater Noida. This
premium residential project in Greater Noida offers 2, 3 and 4 BHK apartments
with areas ranging between 984sq.ft and 2191sq.ft. at very affordable prices.
Jaypee group has launched a new
residential project, Cypress Court at Jaypee greens, Greater Noida. This
premium high rise residential project in Greater Noida is being developed
within the precincts of Jaypee Greens, a 450 acre Golf-centric real estate
development, integrating homes with golf course, landscaped emerald spaces,
resort living and commercial developments. The Cypress Court project, Greater
Noida offers 3, 4 and 5 BHK apartments with fine floor plans at reasonable
prices. Sizes of the flats range between 2530 sq.ft and 4165 sq.ft Jaypee group
has also launched another residential project, The Castille- II at Jaypee
greens, Greater Noida. The Castille- II project of Greater Noida offers 3BHK
and 4BHK apartments with sizes ranging between 2200sq.ft to 3000sq.ft at
affordable prices.
Omaxe Group, a leading real
estate developer in India, has launched, India Trade Centre, a premium
commercial project at ALFA-II , Greater Noida. This commercial complex features
ultramodern office and retail spaces. Serviced apartments are also available.
Shops are available on Ground floor, First floor and Second Floor while office
spaces are available at floors 3rd to 16th. Serviced apartments are also being
offered at floors 3rd to 16th. Prices are quiet reasonable compared to other
similar malls in NCR. Eldeco Group, a leading real estate developer in India,
has launched, Eldeco Arcadia, a premium commercial complex at Sector Pi,
Greater Noida. This commercial complex offers shops and offices spread over
four levels- lower ground floor, upper ground floor, first floor and second
floor.