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Real Estate News: Noida and Greater Noida are now growing rapidly towards becoming a manufacturing hub by getting up from the stronghold of their home. There is no shortage of housing projects and units in the sector of Noida, Greater Noida and Yamuna Expressway, but in the past years, investment proposals of more than several lakh crores have come from the country and abroad, so that the same city will give unprecedented opportunities for employment in the coming time. In such a situation, its positive effect is sure to fall on the real estate sector as well.
If the President of Credai Western UP Dinesh Gupta, Gautam Buddha Nagar remains a stronghold of investment in the entire state, whether it is a real estate sector or someone else! This is not possible without positive policies of the government. Along with better education, these schemes will be made employment opportunities on a very large scale with the commencement of tangible forms and production.
Employment will increase rapidly in real estate
In addition to the upcoming proposals for investment, in addition to the IT sector, electronics and mechanics are associated with medical devices, garments and textile, toy, theme city etc. The center of all of them is the largest airport and increasing network of expressway and highway in the country, which has given a new identity to western Uttar Pradesh. Special efforts have been made by Invest UP and Investment Friends to increase investment in the state.
According to Renox Group Chairman Shailendra Sharma, in addition to education and employment in Noida and Greater Noida, unexpected connectivity is being received due to rail, metro, high speed rail, road and airport construction. In search of good projects and good lifestyle, people would prefer to shift for better living towards Noida and Greater Noida.
The latest among them is, the approval of the construction of the sixth semiconductor unit of the country from the center from the center which will be established in 48 acar at a cost of 3,700 crore in Sector 28 of Yamuna Expressway, where a variety of chips will be constructed in 48 acres at a cost of Rs 3,700 crore. Investments of more than 40 thousand crores have been listed in the district and investments investing include escort, icia, higher, Samsung, Adani, Microsoft, Tata Constance, Haldiram, Pine Valley and Dixon etc.
Development is the result of long -term policies
According to Nirala World CMD Suresh Garg, development in Noida and Greater Noida is the result of the long -term development policies of the government. With the increase in investment from all sections in the state, law and order has also strengthened, which has increased the spirit of security in investors and the biggest stakeholders of real estate, home buyers.
Investment from IT and Technology Sector- Before the construction of a data center in Greater Noida before the semiconductor unit, IT and tech institutions have come up in the priority of investment in the district. It is expected that the state government is making changes in the basic facilities of the district to increase the number in addition to the KP5 data center, in which there is a plan to set up a new data center by NIDP with an investment of 30,000 crore.
According to Ashwani Nagpal, COO of Dilligent Builders, not only increases employment due to increase in investment in IT and manufacturing, but a high level project is also constructed to live in people working in them, which also gives necessary boost to real estate.
According to Himanshu Garg, director of RG Group, special emphasis has been laid on the development of infrastructure in the region in the last 5-7 years, making it the most accurate investment site for manufacturers. Their construction and functioning will increase demand not only in both residential but commercial real estate, in which demand will be from mid to luxury segment. According to an estimate, about 2 lakh new employment opportunities will be created for technology to extremely efficient, skilled and non-efficient people. The construction of Film City, American City and Korean City will also get new direction and height to real estate.
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