Noida Extension- 4 Reasons to Invest in Commercial Realty in 2021

2021 has come in with new possibilities as far as Noida Extension real estate market is concerned.  According to a report in Economic Times in August, last year; those developers who have produced written documents that assure completion of their incomplete projects by December 31 of this year (2021), have been permitted an extra time till December 31, 2021, instead of the erstwhile date of June 30, 2021. This was done to aid the zero-period policy. Sixteen land allottees have been given letters as a confirmation that written assurances concerning the completion of the incomplete projects have been the allottees.

The Noida Authority, the board has also accepted the yearly budget (which is a target of Rs 5,037 crore in revenue and Rs 4,640 crore for expenditure) of the Noida authority, for the current financial year 2020-2021. The aforementioned expenditure concerns land acquisition, health maintenance of the workers, urban expenditure, and more. Possibilities such as the above, certainly make Noida Extension a lucrative investment opportunity, especially the commercial investment segment.

Here are a few other reasons why 2021 is a good time to invest in Noida Extension commercial properties:

Infrastructural Benefits

Several developmental activities in and around Gaur Chowk along with the presence of well-known schools and colleges and well-connected roads and highways also make this place an interesting investment option.

Higher Demand

With more than 200 ongoing residential projects, Noida Extension is becoming a hub for real estate activity. The locality is expected to be blessed with several commercial developments along with the residential ones, especially commercial developments such as retail shops, offices etc. This means that in the future, we could well expect a rise in the demand for commercial spaces.

Major Real Estate Brands

Multiple bigshots in the real estate market seems to be another good reason why 2021 is a good time to invest in the Noida Extension commercial properties.  Big names like Rise group, Stellar Group, ATS Group, Mahagun, etc. are reasons enough to invest in Noida Extension. Rise Sports Villa is an interesting project, present in Noida Extension; is something you could definitely look into.

Connectivity

Well connected with Ghaziabad, city twins- Noida and Greater Noida, Noida-Greater Noida Expressway; Noida Extension has all the possibilities of becoming a great place to live and work. Hence, a great option to invest in. This locality is also just 15 to 30 minutes’ drive away from the Aqua line of The Metro making it easier to connect with adjoining areas. Whether it is for renting, leasing, or owning commercial properties in Noida Extension, considering any kind of professional advice is a safe way out. At Wealth clinic, we assure impeccable real estate consultation at reasonable prices. For more information, please visit our website.