GN or Noida
Dear
GN is very good city but prices depends on lot of other factors. Good thing about GN is that Wipro is planning to start campus with full speed in next 1-2 years, Recently Exl(biggest BPO of NCR) is planning to shift to GN.Similarly lot of other companies coming on express-highway. All big institutes are already working there.
But only big thing missing is good commercial shopping malls and few more industry to come. In next 1-2 years , few malls will be operationals and it will increase the activities in GN.
If you are looking for pure investment then it is not bad idea to put money there but you have to take a long term vision in that area.
If you are putting money in GN then try to put only near to Pari chock as it will be the only most happening area in that area.
Now coming back to Noida, yes definately it is area to invest because already companies are in this area and area is developed but rates are little bit high.
if we compare to ready to move flats rates in NOida/GN then it is better to invest in GN because returns are better. Good flat in NOida (ready to move) will cost you around Rs 4500-5000/sq ft however with same builder you can get flat in appro. 2500 /sq ft(including all charges). Now this difference of Rs 2500/sq ft will make your flat of size 1500/sq ft around 37.5 Lakh costly and you will get rent of approx. 8K-10 K more.
In GN, You can invest in Eldeco or ATS as they both are goood. In ATS only disadvantage is that place is little bit empty .
In Noida, You can invest money in Gardenia, 3C or GC Project. These 3 projects are good for investment/stay purpose.
You can ping me if you need more information.
Regards
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