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Noida is evolving into a workaholic hub, with many opportunities blossoming every day. The location finds itself among the top Information Tech Cities in North India. With Noida’s unresting developmental pace, there is something more getting added each year. One such aspect of a modern city is Real Estate, and Noida is relentlessly leading in this industry.
The real estate market in Noida has grown over the years. Big industrialists, real estate developers, and businessmen are glazing their eyes on the ever-transforming real estate market in the city. Many NRIs have jumped into the race, too.
Noida’s promising economic strength and unique business opportunities made some aspiring NRI real estate enthusiasts glued to the decision to acquire a spot in its vibrant market. Non-resident Indians often search for a property that suits their styles, fulfils their needs, and makes them profitable for the years to come.
Here, we’ll take a dig into the various property investment options for NRIs in Greater Noida and how they can land up into huge profit landmines if they’re looking for alluring commercial plots for sale near Jewar Airport.
Top 5 Reasons Why NRIs Invest in India
When NRIs make property investments in India, they directly support the country's economy. Foreign investment is another important source of funding for the Indian economy. NRIs are playing a major part in boosting the Indian real estate industry and benefiting the nation's economy.
Value of Indian Currency
The Indian currency has seen a dramatic depreciation in the last few years, and currently, it is at its lowest due to an uncertain global geopolitical landscape, worldwide rising interest rates and high inflation.
The Rupee fall gave an opportunity to many NRIs to put their bet on the evolving India’s real estate sector. The fall of the Indian Rupee is worth the motivation for NRI investors.
A Second Home to Reside
NRIs are favouring second homes more, and thus, they are investing more in those areas that generate a consistent income. Weekend homes are a growing trend among NRI real estate investors. Being popular, affluent and aspirational purchase, weekend homes are now widely considered as being prudent and secure. Even several new apartments in Yamuna Expressway are an undetachable part of this rising trend.
Offer Potential Returns
Real estate markets can form a turning point in someone's life. Besides being a lucrative prospect with assured financial returns, NRIs invest in Indian properties to diversify their portfolio. They have shown their preference for investing in cities like Gurgaon, Noida, Hyderabad, Bengaluru, and Pune. Tier 2 cities are becoming a hubspot for NRIs looking for sizable homes.
Simplified Buying Process
As the Indian Government is widening infrastructure spending, better connectivities and business opportunities fueled the growth of Tier 2 cities. The commendable property buying process has lifted India's direct foreign investment in the real estate sector. Plus, the modification of the digital infrastructure is stamping a visible impact.
High Resale Value
NRI investors prefer real estate properties to other assets like gold and shares. The industry is bound to show growth despite the current political and economic crisis. The real estate sector is a secure investment that will generate consistent revenue over the long term for NRIs.
Top Real Estate Investment Options For NRIs in Greater Noida
Greater Noida is among the top spots for real estate investments. With an international airport project onboard, Greater Noida is becoming the next torch bearer for brilliant infrastructural development and a vast economic hotspot in Delhi NCR.
Apart from the investments by Indian citizens, NRIs are also important players riding on the Indian economy wheel. They invest in the real estate sector for long-term returns and give a remarkable thrust to the local economy as well.
Pari Chowk
One of the oldest locations in Greater Noida, Pari Chowk is a shining hub of residential, commercial and institutional developments. Some noteworthy residential projects, including Jaypee Greens, SDA NRI Residency, and Eldeco Golf View Apartments, flex the importance of this locality. If you're thinking of investing in a Yamuna Expressway property, Pari Chowk would be the best choice you can consider.
Omega 1
Want a real estate property with assured returns? Omega 1 must be on your checklist. Being a prime location for residential property buyers, this remarkably developed location in Greater Noida is among the emerging investment spots for NRIs. Availability of well-known private schools, business schools, and other educational institutions, along with easy connectivity options by Yamuna Expressway authority, Omega 1 can be your next destination for home purchase.
Chi 4
This residential locality in southwestern Greater Noida is no less than a paradise for real estate enthusiasts. Chi 4 is one of the best places for potential home buyers looking for new apartments on Yamuna Expressway.
An amazing project called ATS Green Parasido in Chi 4 is one of the hottest residential properties for NRI investment in Greater Noida. Smooth connectivity options by the Aqua Metro Line and Yamuna Expressway offer easy travel facilities to daily commuters.
Sector 137
Located along the Noida-Greater Noida Expressway with a dedicated metro station on the Blue Line, Sector 137 is full of vibrant real estate properties to invest in. Established developers like Gulshan Group, Exotica Housing and Ajnara India are offering 3 BHK units starting at around Rs 70 lakh, making it a lucrative opportunity for real estate investors.
Sector 150
Sector 150 is one of the poshest neighbourhoods in Greater Noida, with luxury housing developments in high rises. Luxurious housing projects by Ace Properties, Godrej Properties, ATS Group, and Tata Housing reflect the importance of Sector 150 in the residential real estate domain. The area boasts an abundant green cover with an expansive 42-acre park within.
Final Words
The Indian real estate industry is developing at a faster pace than ever before. Incoming foreign investments, new business setups, development of world-class infrastructure, assured return on investment, and a high-quality living standard all feature the importance of real estate investments.
Greater Noida has opened the gates for big investment opportunities. Are you an NRI, too? Time to invest in some of the best projects in and around Greater Noida. NRIs, who want a significant steady income while not losing the comfort of a quality living, should consider investing in a profitable Yamuna Expressway property and get impactful returns.
