Ever since the government’s announcement to build an international airport in Greater Noida’s Jewar district, the sentiments of buyers to invest in the property market have improved. “A new airport in Jewar will increase economic activity in this area. There will be a huge job generation,” says CREDAI Chairman Getamber Anand. Here are some more compelling reasons for you to buy property in Noida right away.
1. Low-Density Development
Noida is an example of a well-planned development. There are a lot of low-density (spacious areas with less population) units you can invest in. After all, who doesn’t love a little space for themselves? We are sold on this low-density project by ATS Pristine.
2. Green Expanses
Wouldn’t it be wonderful to look at lush green expanses right out your window every morning you wake up? Noida is home to many wetlands and bio-reserves and is one of the greenest areas in the NCR region.
3. Ease of Commute
With wide roads and better connectivity through expressways, your traffic woes will come to an end. Also, the metro line is expanding and will connect major sectors in the city.
4. Property Prices may Shoot Up
After the announcement to build the airport, property prices are sure to be revised soon. So if you have been thinking of dipping your fingers in real estate, now is the time to do it and reap benefits when this area becomes a hot-seller.
5. Home Loan Rates are Falling
According to a recently issued circular by the Reserve Bank of India, “considering the importance of the housing sector and given its forward and backward linkages to the economy, RBI has decided, as a counter-cyclical measure, to reduce the risk weight on certain categories of housing loans.” This means your EMIs will be cheaper.
Don’t have your eyes set yet on a particular location? ATS’ Pristine 2 in sector 150 is the best location to invest in. Contact an ATS property advisor today for more information. Also, make sure you prepare this checklist before sealing the deal.