As per the PropIndex Survey Magicbricks.com, Noida’s City Index has risen by 9%.
With many infrastructure developments in Noida, property values here have seen tremendous appreciation, which in turn has resulted in this 9% increase in the city index.
Infrastructure developments have a direct impact on real estate, property prices, to be precise. Noida is witnessing an array of developments whether it be roads, skywalks, elevated roads, you name it and it’s here.
People moving in to Noida, looking for flats for rent, usually see the fact that is excellently connected to Delhi and other cities of NCR.
Today, Noida prepares to stand on the global platform, as the city is also witnessing developments at par with international standards. Branding infrastructure, which was a global phenomenon, is now coming to Noida. “Emirates Stadium in London” & “The Barclays Center in New York” are two examples of branding infrastructure. And this is what the DMRC has brought to India, to Noida.
DMRC has awarded Wave Infratech the naming rights for two prominent stations in Noida – Noida City Centre and Noida Sector 18. The naming of a station after a brand or a company is first-of-its-kind in India and Wave Infratech is the first company to have been awarded the same.
Noida will soon be a world-class city and investors and buyers living here or investing here will see appreciation manifolds.
Sources: Magicbricks.com (PropIndex)