1 BHK Builder Floor for Rent in Sector 50 Noida

In a move that would certainly speed up the construction process, the government is planning to mellow environmental regulations to push affordable housing projects. In a draft notification issued in mid-March, the environment ministry has proposed that projects spread in an area of 50,000 square metre (sqm) would not require green clearance. Under the existing rules, projects with a built-up area of up to 20,000 sqm do not have to apply for green clearance.

After Delhi, the illegal constructions in Gurgaon has come under the scanner of civic authorities as major drives are being conducted across the town to remove squatters and encroachments from the streets and the residential colonies. In a recent move, three enforcement teams from the Municipal Corporation of Gurgaon (MCG) removed illegal occupants from 11 areas in the city which includes Sadar Bazaar, Jacobpura, Rajiv Chowk, Sohna Road, Subhash Chowk, Tikri village, sectors 40, 44, 45, Silokhra and Sikanderpur. These encroachments were also causing congestion on arterial roads.

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.

The Delhi Metro is constructing a Metro line in Ghaziabad that would connect New Bus Stand with Kashmere Gate ISBT, Rohini via Dilshad Garden. The metro line is expected to get operational by September 2018. The new Metro line will pass through the Sahibabad Industrial Area and will significantly impact the residential areas lying in proximity where the infrastructure is poor.

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.