MARKET RESEARCH

This road project caters to both local and urban traffic, in addition the Domestic and International airports are located on its corridor. The implementation of an 8-lane Access controlled highway will reduce vehicle-operating costs and journey time and provide traffic comfort to the daily commuter. The recent Metro Rail link has already pushed up the prices. The connectivity factor is further pronounced due to Gurgaon's proximity to Indira Gandhi International as well as the domestic airport.

Gurgaon real estate is deemed as the most interesting proposition for real estate investment these days, giving assured returns to its investors. In recent years, Gurgaon has seen significant growth as a centre for outsourcing within India. Companies such as Google, Microsoft and Genpact to name only a few have offices in the area. Their massive work force thronging the satellite city with immediate housing requirements makes it a preferred location for developers. Apart from the IT sector, other industry giants like Siemens, HMS, Delphi India, Deloitte, Amrop, Metlife etc. are setting base in Gurgaon which has triggered a positive trend in the realty market as more and more high profile jobs lure corporate clientele to relocate here.

Professionals from all across India come to Gurgaon in search of jobs and livelihood. People find the city amicable for staying as there are flats, apartments, housing societies, residential colonies and independent homes where accommodation is available at affordable rates.

Shopping, dining and entertainment can be availed at the shopping malls of Gurgaon like Sahara Mall, DLF City Center, DLF Grand Mall, DT Mall, DT Mega Mall, Metropolitan Mall and MGF Mega City. The Haryana government has taken up the project to build world class "Golden Triangle City Center" in Sector 29 that will have four skyscrapers.

People have peace and serenity in Gurgaon because the residential societies are well guarded by security officials. Infrastructural facilities like schools, roads, hospitals and markets make the place suitable for relocation. CLOSE

Noida continues to be a preferred destinationprimarily because of great connectivity with Delhi. With DND and Kalindi Kunj connecting it to Delhi and proximity to South Delhi, it is obvious. Abundant talent pool available in the nearby catchment area of Indirapuram, Ghaziabad etc is another reason Noida has grown exponentially. Noida is home to many big international as well as national companies too, like Agreeya Solutions, EXL, Birlasoft, Impetus, STMicroelectronics, MtronPTI, Fiserv, Adobe Systems, TCS, HCL, ATC Labs and Xansa. As a result many young professionals are working out there and also prefer to buy property therein.

Noida certainly is a 'value for money' and cost effective destination. Demand for housing merits preference for Noida properties due to its cost advantage and manpower and it is easy to get the buyers. However, the past three years have seen northward movement in the Noida property rates. Moreover, Noida is wholly developed by the government authority. That also means that the residents get basic necessities like water regularly.

In addition to that, the infrastructure regarding shopping, entertainment, schools, healthcare and so on is good in Noida. With an illustrious list of malls like Spice World Mall, CenterStage Mall, Noida Shopprix mall, setting shop in Noida, the shopping scene here is brimming with opportunity. The same is the case with schools. Noida has renowned schools like Army public School, Delhi Public school, Ryan International and DAV and renowned colleges too. Likewise health care is no issue in Noida with hospitals like Fortis, Apollo, and Max there.

Coupled with the above mentioned infrastructure, the centre has finalized the draft Real Estate (Regulation & Development) Bill, pending since 2009 and things are aimed for better in Noida real estate. The bill makes it mandatory for developers to register themselves with a real estate regulatory authority to be set up in each state. Developers must also submit project details. Only those who fulfill this clause will be permitted to advertise their projects.

Defaulting on contract or deviation from the layout plan will lead to the developer being penalized 10% of the project cost or jailed for a maximum of three years. In extreme cases, a developer could even lose his license. All in all Noida makes for a fabulous choice when it comes to owning a residential or commercial property. CLOSE

Everyone knows that Greater Noida is probably the city with one of the Best infrastructure in the country...and an event like F1 was perfect for it. The Excellent road network and expressways terminating to a massive F1 track was an absolute delight.

F1 Track is the world's most sophisticated Track and can have any other racing event on it. Talks are going on to bring in MotoGP, V8, Porsche, etc etc for their annual events and its estimated that at least 3-4 world class events will take place on this annually.

Jaypee Group has already started building ICC stadium which will outshine Eden Gardens, and reports, say Jaypee is bent on making it on lines of Melbourne Cricket Ground. Having an impressive track record viz., Asia's Best Golf resorts, Asia's Best Integrated Sports complex and now One of the Best F1 Tracks in the world big players like Jaypee Group will change the face of Greater Noida in the near future.

Just 35 minutes away from the National Capital, Greater Noida is fast emerging as a symbol of modern day town planning. This is as a result of the pioneering efforts by the state government to create international standard infrastructure for integrated townships near Delhi, which has been amply backed by Greater Noida Industrial Development Authority (GNIDA), the force and brains behind this township.

The Greater Noida infrastructure is a match for any similar world class township -- an eight-lane expressway connects it directly to Delhi, reducing travel time to 20 minutes. That is an addition to the eight-lane DND flyover which has already reduced distances. The Yamuna Expressway Project is conceived with the idea to not only reduce the travel time between New Delhi and Agra but also to open up avenue for Industrial and Urban development of the region and provide the base for convergence to tourism and other allied industries.

Greater Noida is the only city in north India with privatized power distribution which ensures efficient and uninterrupted power supply. A captive power plant to handle power requirements of the city is also planned. Phones are connected to the national telephone network through optic fiber cables and accessed through direct-dialing from Delhi. Underground electric cabling and sewerage, and an extensive network of wide roads add to the convenience of the residents.

An international airport and aviation hub has already been planned near Jewer (Greater Noida), which will put this emerging township on the aviation map and greatly facilitate the burgeoning tourism industry. CLOSE