Rental Properties in Greater Noida

The Greater Noida Authority has decided to impose a heavy penalty on security agencies whose guards are found missing from their duty sites. About 10-15 per cent of the monthly contract fee that the authority pays to private security agencies will be deducted in case security guards fail to stick to their area of operation.

MakaaniQ talks about Greater Noida real estate market, which holds thousands of residential properties in an affordable price range of Rs 2,500-4500 per sq ft.

In 2018, Noida homebuyers demanded homes that were on an average 1,320 sqf in size, a slightly upward movement when compared to 2017 when the demand was for 1,305 sqf, a joint study by Housing.com and Makaan.com suggests. However, on the supply side, this demand remain unmet with apartments sized at 1,260 sqf in 2018 and 1,290 sqf in 2017. Bigger homes at affordable prices is the only way to bring down the weight of unsold inventory.

With new developments, Greater Noida is becoming a popular destination for investors as well as those seeking property on rent. Many migrants from across cities come and work in offices of various national and international organisations and look for an accommodation close by. To fulfill the demand of these property seekers, many localities have multiple renting options available. If you are also looking for localities where you can find plenty of affordable properties for rent, here is a list you could refer to.

The Noida authority has decided to impose fines between Rs 500 and Rs 5,000, on those who dispose of waste into the city drains. During an inspection, it was found that of the 14 existing drains in the city, a 17-kilometre irrigation drain from Ashok Nagar in Delhi to Sector 168 near the Yamuna is the worst-affected. The city spends around Rs 140 crore annually on waste disposal, and had been taking some waste management measures with the help of NGOs and RWAs.