. Already known as the commercial hub of NCR, Noida expressway has been witnessing enormous appearance of real estate developers for past few years. Massive land reserves and expansion of product line, developers are been constantly tempted to put a foot in this region.
Online PR News – 27-March-2014 – New Delhi – After a long and undisputed success of Noida, Indirapuram and Raj Nagar Extn., government authorities have their hands and eyes all set for Noida Expressway. Already known as the commercial hub of NCR, Noida expressway has been witnessing enormous appearance of real estate developers for past few years. Massive land reserves and expansion of product line, developers are been constantly tempted to put a foot in this region.
Major realty players have been coming up with residential, commercial and commercial -cum- residential projects in the area. The scope of development is vast in this region as it was been kept untapped for decades. Big names such as Supertech, Jaypee, Amrapali, Cosmic group, Ajnara, Saya, KVD, ACE, Gaur and many more are all getting geared up with their projects. Many developers have already delivered their projects and investors have moved in; few are still under construction and a major chunk of realty players are launching new projects.
This rapid paced development has pushed the government authorities to work upon the infrastructure development. After the development of roadways and electrical sub-stations, government is planning to bring about certain more infrastructural up gradations.
With this kind of quick development, the demand for electricity and security will also increase manifolds in the region. In view of this, authority has planned to give Rs. 500 crore to electricity department to upgrade power supply in the region. This approach of authorities to modernise the region has made developers to bring about their best as well.
Gone are the days of modern or luxury facilities, todays developer is stressing upon using the provided infrastructure and giving its best. They are coming up with ultra-luxurious, seven star facilities in their projects, where you have everything under one roof. From shopping arcades to malls, homes to offices, disco, pub, spa, banks, gymnasiums, medical facilities, etc.
In view to this, major realty player of Delhi/NCR Cosmic Group, has launched its several commercial projects in this region known as “Cosmic Corporate Park, Cosmic Corporate Park 140 and Cosmic Corporate Park 154”. These projects has been spread across several acres with office spaces, IT plots, studio apartments, etc.; providing seven star facilities along with modern and comfort lifestyle. Sushant Mutreja, CMD, Cosmic Group says “Earlier, Noida expressway was a place only for industries and plants & machinery and it was regarded unsafe plus, difficult to reach. With so much of development carried out on infrastructure and connectivity, this place now has everything that an investor would require. Now, even Noida and Delhi have become extremely close, so investors feel to invest in what is new & best and this has driven people to invest here.”