Apartments / Flats Without Brokerage in Greater Noida Central Greater Noida

Although planned for high-speed commuting, Yamuna Expressway has now become a notorious accident-prone stretch, raising safety concerns. The media has reported several cases of traffic violations, leading to 105 and 110 accidental deaths on the expressway in 2016 and 2017, respectively.

Lack of public transportation has for long had an impact on the property prices in Noida and Greater Noida. However, the upcoming Metro links will change the real estate landscape of these twin cities and boost property prices. Trial runs on the 30-kilometre Aqua Line in Noida will begin from April 15 — a route that will originate from Sector 71 and terminate at Delta Depot Station in Greater Noida. Many commercial markets in Noida as Sector 60, 61, 62, 63, SEZs and Noida-Greater Noida Expressway will witness real estate growth. Housing opportunities and rental demand are also set to rise in Noida.

The Noida real estate market is in for better times as the works on the Noida-Greater Noida Metro Rail Corridor is in full swing. The areas falling on the corridor will be the perfect choice for homebuyers for the superb connectivity they have on offer. MakaaniQ lists some of the most promising housing projects in Noida where you may consider investing.

The district magistrate recently issued an advisory to property buyers, saying they should not take possession of units unless the project is certified to be following the Uttar Pradesh Vector-Borne Disease rules. Under the UP Prevention and Control of Malaria, Dengue and Any Vector Borne Disease Regulation, 2016, buyers should not accept possession of units without ensuring the project has received a certificate for having in place an anti-mosquito mechanism. Also, those who are providing mosquitos a breeding ground by blocking drain water will be served notices.

The ongoing audit exercise by global consultancy Currie & Brown on behalf of the Noida Authority shows only two of 15 builders might have diverted money collected from buyers to employ it elsewhere. When a large number of homebuyers approached Uttar Pradesh Chief Minister Yogi Adityanath last year over delayed projects, most of them suspected fund diversion was the key reason behind developers failing to meet completion scheduled. There are about 94 stuck residential projects in Noida, in which about 78,000 people have invested.