Knowledge Park is a stupendous township in Greater Noida that has amassed great attention from new home buyers as well as investors.
When it comes to educational hubs in the NCR, Greater Noida’s Knowledge Park proves to be an excellent spot. The locality is well known for housing some of the premier engineering, management and medical institutes.
Paving the way for new education center in National Capital Region, the locality is known for ideal mixed-use property destination and offers best residential cum commercial investment options too. Freeways such as Yamuna Expressway, Noida-Greater Noida Expressway provides the better connectivity to Noida and its adjoining areas. The satellite town further segregates into sub-areas namely knowledge Park II, Knowledge Park III, Knowledge Park IV and Knowledge V.
Happykeys looks into the factors that really make Knowledge Park a realty segment
Well- planned sub-city
Greater Noida itself is one of the best organised residential regions of NCR, planned according to latest layout of Urban Master Plan. The Knowledge Park V, being the prominent part of this massive township, has well-developed social infrastructure which includes an excellent network of road, water supply, sewerage, drainage and many infra developments. The GNIDA – an autonomous authority has developed the almost all key infrastructure before handing over the land to private builder for residential or commercial development.
The locality avails finest road connectivity that connects major parts of Delhi, Noida, Ghaziabad and Faridabad. Delhi is easily accessible from Knowledge Park V via main road and direct flyway.
Presently, Botanical Garden Metro station is the nearest metro link to Knowledge Park. The proposed 30 km metro rail extension from Noida to Greater Noida is underway. According to Pranav Sharma, MD, IBL Consultant, “The NMRC (Noida metro rail corporation) has proposed 20 metro stations on the route that include Sector 50, 51, 78, 81, 83, 101, 137, 143, 147, 144, 153 and 149 in Noida and Knowledge Park II, Pari Chowk, Alpha 1, Alpha 2, Delta, Knowledge Park IV and Bodaki in Greater Noida. This project is expected to complete by 2017”.
“Such developments boost the potential to offer high returns on investment”, adds Sharma.
The presence of good educational institutions is yet another growth driver behind the development of Knowledge park V. Gautam Buddha University, Noida International University, IEC college of Engineering, GNIT college of Management, Galgotias and Sharda University are some of the institutions of the good repute.
Still an affordable market in the NCR
While the property prices have increased significantly in the adjacent areas like Delhi, Gurgaon and Noida; still the residential markets of Greater Noida and Noida Extension regions remain affordable locations. Here, residential units priced at Rs. 3,500 – 5,500 per sqft approximately.
Situated amidst commercial and industrial hub
Knowledge Park V is located amidst the hottest business spot of the NCR region. Some of the noted companies such as Moser Baer India Ltd, Habitech Cyber Studios, ST Microelectronics are located in the vicinity.