Before the construction of the new bridge, one had to travel to reach these areas via National Highway 24. Not only is the distance via NH-24 longer, but NH-24 also remains congested most of the time, and as a result homebuyers were reluctant to purchase apartments in these areas. At present, a number of developers including Gaursons, Amrapali and Supertech are developing large townships in the locality. The size of the each township is around 150 acre with all the latest amenities like schools, playgrounds, hospitals, market complexes and commercial property – in fact, Supertech has two townships lined up.
As the area is offers such a huge land mass for development, a number of commercial projects are also coming up in the locality. A large multi-specialty hospital is being developed by Metro Hospital group in the area. Just along the Hindon, Greater Noida authority is planning to develop a number of real estate projects. Such connectivity inevitably brings in a huge chunk of land into the mainstream on which residential complexes for the middle-class communities could be developed. Greater Noida land rates are going high with the demand.
Therefore, the connectivity with Faridabad and Ghaziabad, the increase in developments, the Yamuna Expressway and more have all contributed in making Noida the next big thing. With wide array of amenities and strong civic framework, Noida has also seen gradual increase in the number of newly constructed 3 and 2 BHK flats in Greater Noida and Noida. So, Noida and Greater Noida are good options for property purchase if one is looking for properties as properties rates in Greater Noida is slowly going on peak.