The development of world-class expressways, advent of metro and good arterial roads has made Noida the most approachable NCR city. This has brought in more developers, projects and home seekers here.
There was a time, particularly a decade ago, when Noida was perceived as being ‘far away’. That was a time when DND didn’t exist and connectivity between Delhi and Noida was through Kalindi Kunj bridge or via East Delhi passages. And both these were rough, broken patches of roads where traffic hauls for long stretches was very common. No taxi wanted to come to pick or drop commuters from Noida and autos were to be found rarely and over-charged.
Cut to 2016, Noida is one of the easiest to approach NCR cities. Gurgaon is connected to the tip of south and west Delhi and one has to travel for an hour at least to reach there. Faridabad is connected to another end of south Delhi and has mostly industrial stretch in that part of the city.
In 2006 itself, the NTBCL started constructing the eight-lane DND and that changed the fate of Noida forever. In 2008 when DND opened its operations and industries, factories and offices started coming the Noida way and along came multiple housing options.
Back then, the space available in Noida was ample and the property prices ranged from Rs 2,000-2,500 per sq ft (in city centre). This was far more affordable when compared to Delhi and Gurgaon both of which were pegging residential real estate prices at Rs 5,000-6,000 per sq ft respectively. Property developers saw the golden opportunity in this city and their fortunes changed soon.
Today, Noida is one the fastest growing cities across India. It was pegged as having one of the highest per capita incomes in the last census. The local government too has been benevolent in doling out sops for establishing industries, factories, commercial spaces, residential projects in the city. Result: Noida has hundreds of new housing projects in the city where new residents are flocking in every passing year.
Noida central is chock-a-block and has extended new areas of development, namely Greater Noida, Yamuna Expressway and Greater Noida West.
Noida is connected with Delhi from DND and this takes care of most traffic. The connecting road between Noida and Delhi across Kalindi Kunj barrage has been repaired and a parallel eight lane road is being constructed there. This road, on entering Noida, leads to recently constructed Mahamaya flyover which is a huge loops connecting all prominent roads in Noida.
The expressway between Noida and Greter Noida is world class and its stretch on Yamuna Expressway region is state-of-the-art. The internal roads in Noida are well maintained too.
The advent of metro in Noida in the beginning of this decade has been a boon too. Presently metro rail connectivity in Noida is till Botanical Garden station, but this will be extended to Greater Noida in one ends and Saket in Delhi at the other end. That will take about five years to happen but that will create a seamless connectivity through the city.
Taxi services to and fro the city are plenty, and add to that the bike taxi that recently started options in the city. With the infrastructure growing, the city real estate is in upswing already.