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Looking for luxury flats? Come to Noida!

The impact of demknetisation seems to have waned in the real estate luxury market. A slew of luxury products  are either under construction or in pre-launch stages in Noida and over 60% buyers of these properties are Noida residents themselves. According to developers, these flats are priced in the range of Rs 8,000 per sqft, almost double the …

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Interim budget brings cheers for real estate sector

The Interim Budget has given a boost to the housing sector. The announced provisions made will certainly boost consumer sentiment, stimulate affordable housing demand and incentivise investors hoping for rental returns. The major positives included a full tax rebate for income up to Rs 6.5 lakh (including investment under Section 80C), which is likely to push …

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NRIs zoom in on Noida to reap great investment benefits

Good inventory supply, good connectivity, good infrastructure growth, connectivity and proposed Jewar International Airport—all have contributed to make Noida an attractive investment destination. The industrial town of Asia has gathered immense interest from investors, not just domestic but from abroad as well. The upcoming airport at Jewar is slated to the boost to economy and …

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In today’s times, plots have emerged as safe investment bet. Here’s why?

In the wake of a large number of housing projects getting stalled or facing long delays, both end-users and investors are today shying away from under-construction flats. It isn’t just the development risk, but also the high transaction cost (12 per cent GST on under-construction property) that has been a deterrent. In such a scenario, …

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Noida, Gr Noida for Global Sustainable Cities 2025

The Uttar Pradesh government on January 18 permitted the Gautam Buddh Nagar administration to participate in the prestigious Global Sustainable Cities 2025 initiative, officials said. Noida and Greater Noida were in November invited by the Global Sustainability Index Institute (UNGSII) to become a member of the initiative. “After due consideration, Noida and Greater Noida are …

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