Sunday, 1 April 2012

Realty: MNC’s now prefer Noida over NCR

Noida has been seeing an increase in the number of multinationals setting up base here. This has resulted in a large-scale migration of skilled and unskilled workers to this place. Infrastructure has developed in tandem-wide roads, big commercial centres, and institutions-which have lifted the stock of this place among developers, end users and investors. Noida has obviously benefited from the urban stress being faced by Delhi, which is under pressure from a lack of space, sky-high property prices, and a large population . The prominent developers who have helped in the growth story of Noida include Amrapali, Prateek Group, TGB Infra Developers, ATS Developers, JM Housing Ltd, Earth Infrastructures Ltd, Ajnara India Ltd, etc. 
Noida excels in many features which the neighboring areas in Delhi lack. Some of these factors include planned townships , wide roads, congestion free connectivity with Delhi. These features have attracted MNCs, IT and ITeS companies, as well as big media houses to set up base in Noida. Anil Sharma, the Chairman & managing director of Amrapali Group, says: “Noida has been the high point in the last decade. Apart from its infrastructure and easy connectivity with Delhi, availability of land has also been a major factor that has helped in its rapid development. 
Gitamber Anand, the Managing Director of ATS Group, says that Noida's affordable to mid-segment and luxury residential projects, with high technology and world-class facilities within the premises, have encouraged people to move here. “Infrastructure has been a major boon in Noida . While big shopping malls and commercial centres have made it a business hub, flyovers, the DND Expressway and the Noida-Greater Noida Expressway, along with wide city roads, have made travelling and living better in Noida,” he says. 
Today, the boundaries of Noida have extended to new places. Noida Extension is a case in point, which has world-class projects lined up with most of the developers being the ones who have been active in Noida. Companies have started operations in Sector 137 and 143 in Yamuna Expressway . The connectivity of Noida and the expressway is encouraging for them. 


No comments:

Featured Post

Did humpty dumpty really have a great fall ?

The Hindenburg report, released on 24th Jan, 2023 had the intended outcome. The short seller shaved off $ 100 Billion Dollars or more of Ada...