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 Property in Noida - Real Estate Noida Discussion
New Okhla Industrial Development Authority or Noida came into being post the U.P. Industrial Area Development Act of 1976. From humble beginnings, this city now is widely seen as a prime property destination that is standing tall on the fringes of Uttar Pradesh (which also borders Delhi) that has recorded a spectacular growth in recent times in terms of quality of property projects and also in terms of investor faith. Today, the city has become synonymous with development as it is the numero uno choice of all major news channels and other broadcasting media associations besides also becoming the home of numerous MNCs. The property in the city is a happening space at the moment because it is one of the largest industrial townships of Asia. Noida also occupies a place of pride in the list of those who wish to stay closer to the capital of India and this city does not disappoint as it is just 14-km away from the center of Delhi, Connaught Place. It is a modern industrial city with great infrastructure coupled with some high-end properties, as well as some middle level apartments and then there are other projects too that makes this city a unique place to try luck at. As any real estate analyst would vouch, that it is the location that matters in the world of property, henceforth, it can be deduced with ease, that this city is just apt for investment in both the residential and commercial purposes as the return-of-investment is manifold. The progress has been steady with both Greater Noida and Noida becoming a choice of major IT companies, malls, playhouses, spacious flats with several modern amenities and hundreds of educational institutions that have established themselves here. In short, Noida is slowly emerging as a place of choice for those looking out for property in the city.