Noida is ramping up its social infrastructure to accommodate more home buyers. Alongside, cultural hub and heritage options are being developed
Noida’s realty segment has passed through different phase of development. The city has become a preferred destination for new home settlers. And now, Noida authority is ramping up its civic infrastructure to become a cultural and heritage hotspot.
The area is retaining the attention of middle class and lower middle class as it offers good options with a number of Real Estates projects launched in affordable range.
According to latest report by ASSOCHAM, with over 2500,000 housing units are available for sale in entire NCR circuit. This inventory is luring new home buyers and affordable housing segment is expected to groom better this year.
Noida to get a museum and culinary cuisine institute
To promote socio-cultural activities in city, Noida is likely to get culinary cuisine institute and a museum on the lines of Delhi’s National Museum in Sector 62.
According to an MLA, work is in progress for these two projects. The culinary institute will be like a culinary museum and be one-point stop for cuisines from across India. Also, it will train a batch 200 chefs every year.
Secondly, the heritage museum will be bigger and larger than national museum and will showcase culture, tradition and history of India.
Apart from these, Noida will soon have an international airport in Jewar and a cultural hub in Pari Chowk. The hub will have a centre for fine arts, music, dance, cafes and galleries.
Social infrastructure will attract buyers
“Home buyers prefer to purchase properties in the locality with robust social infrastructure and easy connectivity. The sectors of Noida has become prime residential locality and well-connected with other parts of Delhi-NCR. In this area, hospitals, banks, community hall, super markets and shops are easily available,” says Sunil Pandey of Real Homez, a property advisor and consultancy firm in Noida.
He said that all new developments promise better appreciation in property prices.