Greater Noida and Greater Noida West Property Market: Trends and Best Running Projects
Greater Noida and Greater Noida West have emerged as prime real estate destinations in the Delhi-NCR region due to their affordability, excellent infrastructure, and planned urban development. These regions offer a mix of residential, commercial, and industrial projects, making them attractive for both homebuyers and investors. This article explores the property market in these areas and highlights some of the best-running projects by reputed builders.
1. Real Estate Market Overview
Greater Noida
Greater Noida is a well-planned city with wide roads, green spaces, and a pollution-free environment. It is home to several educational institutions, corporate offices, and upcoming metro connectivity expansions. The region has seen significant growth due to its proximity to Noida and improved infrastructure like the Noida-Greater Noida Expressway.
Greater Noida West (Noida Extension)
Greater Noida West, commonly known as Noida Extension, is a rapidly growing real estate hub with a mix of affordable and mid-segment housing projects. It is known for its excellent connectivity via NH-24 and FNG Expressway, and the upcoming metro link will further enhance its attractiveness.
2. Property Prices and Affordability
- Greater Noida: The average property price ranges between ₹4,000 to ₹6,000 per sq. ft. depending on the location and amenities.
- Greater Noida West: More affordable than Noida and Greater Noida, with prices ranging between ₹3,500 to ₹5,500 per sq. ft.
- Rental Market: A 2 BHK apartment in a premium society in Greater Noida costs around ₹12,000 to ₹18,000, while in Greater Noida West, it ranges between ₹10,000 to ₹15,000.
3. Connectivity and Infrastructure
- Upcoming Metro Expansion: The metro connectivity extension to Greater Noida and Noida Extension will boost property demand.
- Expressways & Highways: Connectivity via Noida-Greater Noida Expressway, FNG Expressway, and Yamuna Expressway is a major advantage.
- Commercial Hubs: IT and industrial parks are growing, attracting professionals to these regions.
4. Top Running Projects by Reputed Builders
1. Gaur City 1 & 2 (Greater Noida West)
- Developed by Gaursons Group
- Offers 2, 3, and 4 BHK apartments with modern amenities.
- Features schools, hospitals, shopping malls, and sports facilities within the township.
2. ATS Destinaire (Greater Noida West)
- A luxury residential project by ATS Group.
- Offers spacious apartments with premium fittings and green landscapes.
- Located near NH-24 and upcoming metro connectivity.
3. Supertech Eco Village 1, 2, 3 (Greater Noida West)
- An affordable housing project by Supertech Group.
- Offers 1, 2, 3 BHK apartments with clubhouses, pools, and sports amenities.
- Well-connected to Noida, Delhi, and Ghaziabad.
4. Ace Divino (Greater Noida West)
- Developed by Ace Group, offering luxury apartments with high-end amenities.
- Features a grand clubhouse, infinity pool, and landscape gardens.
5. Godrej Nest (Greater Noida)
- A premium residential project by Godrej Properties.
- Located in Sector Pi, Greater Noida.
- Offers state-of-the-art security, smart home features, and luxury interiors.
5. Future Growth Potential
- The Jewar Airport project is expected to boost demand in Greater Noida and Noida Extension.
- Employment opportunities in IT hubs, logistics parks, and the upcoming Film City will further drive property appreciation.
- Rising infrastructure projects like highways, expressways, and metro connectivity will enhance livability.
Conclusion: Best Choice for Investment & Living
Greater Noida and Greater Noida West offer excellent investment opportunities with ongoing infrastructure development and growing demand.
- For luxury living: ATS Destinaire and Godrej Nest are excellent choices.
- For affordable housing: Supertech Eco Village and Gaur City offer budget-friendly options.
- For long-term investment: Properties near upcoming metro stations and the Jewar Airport