Noida Extension - Powering Noida's Realty Growth

If you are looking for flats for sale in Noida Extension, you’re in for a treat as this is supposedly the development node of the future according to market experts. The National Capital Region Planning Board first gave a clearance for the development of the master plan for 2021 for Greater Noida with the court order of October, 2011. This gave a huge boost to overall real estate and construction markets in Noida Extension and this steadily became a preferred area for developers and end users alike. Before this development, buying property here was a very problematic affair for buyers. Farmers used to be warring with private developers over problems relating to compensation for land acquired for realty development. This used to be a perennial sore point until the historic plan of 2011. Investments did witness a decline phase though when the Allahabad High Court ordered the stoppage of all construction work owing to farmer protests relating to rates of land acquisitions. 

However, demand for flats for sale in Noida Extension is again on the upswing thanks to governmental efforts and settlement of disputes between farmers and developers. The Noida Extension is a part of the Greater Noida region and is billed to witness huge growth over the next few years. The area received its name owing to its close proximity to the Noida City Centre. The area lies approximately 5 kilometres away from Sector 121 in Noida and is also known as Greater Noida West. Delhi lies approximately 26 kilometres away from the area and it is well connected to the Capital through the Greater Noida-Noida Expressway and the Noida-Delhi Expressway. The area is also well linked to both Agra and Mathura courtesy the Yamuna Expressway. The area lies only 22 kilometres away from Ghaziabad and the Dadri Road and Pusta Road offer great connectivity between these two areas.

Owing to great connectivity to the capital and all other areas in the NCR region, Noida Extension has now started to attract both end users and investors alike. Several infrastructural developments are also on the anvil and promise to boost connectivity even further including the Ghaziabad-Kundli-Palwal Expressway or the National Expressway 2. This might even be known as the Eastern Peripheral Expressway and will boost development hugely in the entire area as well. Investors are also making a beeline for Noida Extension as property prices have increased to the tune of 30-40% here each and every year. This growth rate should be consistent over the next few years according to property experts and market watchers. Capital values of properties should definitely be doubling over shorter periods of time than initially expected.

All these developments are sparking tremendous growth in the area and one should also remember that in spite of steady and fast growth, realty prices here are still affordable in comparison to several areas in Noida and Delhi. More than 2-3 lakh housing units have already been developed in the area and more are set to follow on the back of sustained growth and infrastructural progress.