Location: a key to successful investment in real estate sector

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Noida, January 15, 2018: Location has always been a major factor for the development of the residential and the real estate sector as because buyers always focus on the location advantage and most importantly connectivity facilities while buying a home. The NCR region has been witnessing connectivity transformation and infrastructure development since last 2-3 years. The enhanced connectivity and feasible location have undoubtedly transformed the real estate sector. Sector 128 in Noida with sound infrastructure is the apt example. The government has also participated in bringing the region closer by constructing the Noida–Greater Noida Expressway, which is a six-lane highway connecting Noida, Uttar Pradesh, an industrial suburb of Delhi to Greater Noida. This expressway is under expansion to Taj Economic Zone, International Airport and Aviation Hub proposed to be constructed along the Yamuna Expressway (Taj Expressway). Projects like Mahagun Manorial, a new residential project by the Mahagun Group located at Sector 128, Noida gains immense popularity with its strategic location in the region.

Mahagun Manorial enjoys seamless connectivity to Noida – Greater Noida Expressway, DND Flyway to Delhi, Kalindi Kunj and Central Noida with Amity University being 2 km away. Having a close Proximity to Running Schools (Jaypee School / Genesis Global School / Step by Step International School/ Delhi Public School), Colleges (JUIT), Jaypee Hospital and Shopping Malls, Multiplexes, it is also near Noida Sector – 132, which is a renowned institutional area of Noida.

The soon to be opened metro corridor is giving the region direct connectivity to Delhi playing a catalyst in the minds of the property buyers. This will not only reach deep into residential pockets but also facilitate the commercial projects. This will lead to an increase in the number of commercial sectors in the region. The work of the Noida International Airport is soon to commence and this will play a major role in the development Noida. This establishment will bring about maximum demands in the real estate sector including both residential and commercial.

Dhiraj Jain, Director, Mahagun Group says, “The value of any residential area in NCR is defined on the basis of its connectivity to Delhi. After the introduction of metro services in the residential areas in Greater Noida, we are bound to see an increase in the acceptability of these areas and a definite impact on the demand in real estate would be observed. Further, the extension of the metro line to Greater Noida West through the Aqua Line will also boost its acceptability hence uplifting the overall region falling under GNIDA.”

Corporate Comm India(CCI Newswire)