Property for rent in Noida Extension Greater Noida

Noida Extension, an upcoming suburb around the national capital region (NCR), was one of the most promising affordable housing destinations across India. With Gurgaon and main Noida area in NCR going out of budget for most middle income professionals, Noida Extension offered an opportunity for home buyers with budget in 20-30 lacs bracket. With the additional back up of superior infrastructure like highways, hospitals and educational institutions in the neighboring Noida area, the property prices in Noida extension were anticipated to escalate since its conceptualization. The fate of this concept was threatened when the farmers near Greater Noida decided to move to the court, challenging acquisition of their land for developing Noida Extension. This issue was aggressively debated among various stockholders, including home buyers, builders, farmers, noida authority and the legal system, each blaming the other for the problem.

Noida Extension is an important real estate market in India. As per the recent analysis by www.makaan.com Property Price Trends, per square feet (psf) price for buying a property in Noida Extension is Rs. 3,144/-

Looking for an affordable place to stay in Noida? Check out the list of budget-friendly localities in Noida.

Noida has yet to reach its full potential as a real estate destination. Considering this is an emerging area, an upward movement in all aspects of Noida real estate is highly likely, prices included. Now, where should you look for property in case you have made up your mind to be a Noida resident? Let us assist you here. Based on data available with Makaan.com, we list three Noida localities that have the largest number of housing supply.

The Agra Lucknow Expressway opens for public use from December 23, and will be connecting national capital via the Yamuna Expressway. As the travel time will be reduced to six hours from 10 at present, the expressway will be acting as a catalyst for the Noida real estate market. This is expected to impact Noida realty as investors from small cities of Shikohabad, Firozabad, Etawah, Kannauj, Kanpur and Unnao have started showing interest in areas close to expressways.