Smaller homes in Noida

Delhi is not only the political and administrative capital of the country, but also the unofficial capital for prominent industries and businesses. Real Estate is one among those businesses that operate with Delhi or the neighboring National Capital Region (NCR) as its headquarters.

The location of the real estate companies has been strategically chosen as Delhi since it works favorably during the process of lobbying and generates decisions in the interest of real estate. These companies are also located so, since the majority of the real estate work is carried about in Delhi and its vicinities.

Amiable employment

Noida, an integral part of the NCR is one of the prime hubs in the realm of real estate and infrastructure. The favorable business climate of the National Capital Region has been effective in enticing investment both from within India and abroad. Hence, Noida has managed to achieve the pinnacle of success and has been among the principal destinations for job seekers.

Noida has been that one destination where careers are launched and provided with a pedestal. The success story of all those who landed in this city with mere degrees and later settled down to six figure salaries have percolated to their towns. It has therefore become one of the pristine destinations that are high on the list of job seekers. It is estimated that thousands of youth land in Noida on a daily basis in search of suitable jobs.

The presence of several companies, both startups and well established has resulted in a number of people being employed in Noida and seeking suitable accommodation. Taking into consideration the career options that are available in almost every vertical, people wish to settle down in Noida.

Smaller families and escalation of real estate prices

However, owing to the nuclear families and also due to rising cost of real estate, there is a demand for smaller houses in Noida. People who are unable to buy homes in Delhi are looking to Noida as an investment option. The prevailing trend among people is to buy a 1 bhk Flats in Noida.

Some of the newer projects therefore have been concentrating on the development of the smaller homes along with an attempt to provide utmost facilities. It is owing to this reason that many of the major realty developers have been actively involved in the development 1 bhk flats or studio apartment type accommodation.

Future vision

With an eye on the near future, where affordability and high prices are likely to be the key factors, the purchase of 1 bhk apartments or houses is likely to fetch the best returns.  People from all over India and even abroad have been seeing Noida real estate as the bowl of investment and are therefore moving forward to making an investment in the smaller apartments in Noida.

Finally, investors are unsure about the returns on their investment and would therefore like to play safe. It is thus that investment is being made on a smaller scale since the capital involvement is lesser.

The general trend now in India is towards the purchase of smaller homes. 

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