Wednesday, February 10, 2010

Real Estate Renting Noida

Rapid rise to the property market is because of the improvement in the transportations (Roads +Rails). Connectivity of Delhi Metro from Dwarka to Noida City Centre, golf course, botanical garden etc. made it very easy to cover the very large distance in few minutes, and due to this metro project property market has developed as they are charging very high price for the property, and expecting to increase further, the current market value of the real estate at a very high rate.
The construction of Taj-Expressway that unites Noida to Agra and it has become very convenient to travel through this expressway. Noida is a contraction of “New Okhla Industrial Development Authority” is very much developed commercial hub and increasing no. of commercial sectors and entertainment i.e. hospitality, malls, multiplex, IT Complex etc. are shifting to Noida and are opening new offices there. And due to these reasons demand for property are increasing regularly and cost as well (buying/hiring). Most of the properties which are used by the commercial sectors are on rent. And the major portion of that is situated near Noida sector 18 (Easily accessible).
Earlier people used to be rigid and did not want to shift or migrate or hire a property in Noida but with the development and growth of Noda almost all the persons like this place for different reasons i.e. investment, commercial & residential. Because of the presence of multinational, different IT companies, BPO and call centers this place is in high demand by the commercial sectors and by the people who are looking for the good job as they use to shift in Noida as paying guest (on rent) or buy the property there. Thus again it helps a lot to increase the demand of property. get details about New projects in noida.