Why noida is better than gurgaon
Here is a detailed guide for an NCR investor, who wants to bet on these growing markets. According to Numbeo, you would need around Rs 1. See also: Stamp duty and registration charges in Gurgaon. Check out price trends in Gurgaon. As mentioned above, both of these regions come with their own share of advantages and disadvantages. Investors need to identify the aim of their investment, to decide which suits their needs, between Noida and Gurgaon.
Here are a few things that real estate investors should keep in mind, before investing in either of these regions:. Home buyers should do proper due diligence before investing in any of the upcoming projects.
Moreover, as the supply is huge with lacklustre demand, there is little scope of price rise, unless new metro connectivity starts taking shape. Check out properties for sale in Noida. The ongoing construction on the corridor can be a serious problem for you, with roads being almost non-existent and one having to completely depend on private vehicles.
While Noida is witnessing to be a home to a large number of Indian and international IT and manufacturing companies, Gurgaon on the other hand has become the preferred destinations for at least half the Fortune companies by October On the other hand while many of the IT companies which have offices in Noida also running their operations in Gurgaon.
Maurti Suzuki Private Limited was the first company that set up a manufacturing unit in the city in s making cars. General Electric was the first American Brand that entered Gurgaon in and is regarded as the first foreign company in India that was established for outsourcing software work. Both cities have witnessed a tremendous growth in both residential and commercial infrastructure and demand has almost never beaten the supply except few delays due to Noida Extension land dispute which is yet to be resolved.
Gurgaon has been home to as many as residential skyscrapers with modern planning. But most of the Gurgaon lacks proper urban infrastructure with broken roads and streets that often leads to traffic jams. On the other hand Noida Infrastructure has been planned in a better way and offering wide roads, better water treatment facilities, better public transport and most importantly the basic residential facilities in sectors.
Noida follows a better approach to town management. The suburb has well laid-out residential and commercial sectors with wide roads, flyovers and under-passes and plenty of local shopping complexes in each sector.
However Gurgaon too is located to close proximity to New Delhi but does not offer that much ease of connectivity. When it comes to comparing the two cities in terms of what they offer to their residents, both almost scores equal. Where on one hand Greater Noida has been producing much more residential units, Gurgaon is also expanding the residential offering along the NH8 towards Bhiwadi and Badshahpur towards Sohna. However the difference in cost of living in both cities is huge, Noida offers an average per square foot while cost of residential property in Gurgaon starts somewhere from The residential project being built by Jaypee Green in acres of land in Greater Noida with hole golf course at the center provides a world class residential option for top corporate honchos.
Gurgaon, on the other hand, has only the DLF golf course to boast of. However, most of the parks in Gurgaon are small and ill-maintained. Gurgaon has become an increasingly popular destination for medical tourism. Noida too is not behind, it has health care facilities from Fortis, Max healthcare, Kailash, Apollo and more. Consumer Prices in Noida are Consumer Prices Including Rent in Noida are Rent Prices in Noida are Restaurant Prices in Noida are Groceries Prices in Noida are Local Purchasing Power in Noida is Cost of Living in Delhi.
Cost of Living in Faridabad. Cost of Living in Noida. Cost of Living in Agra. Cost of Living in Jaipur.
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