Noida, as its popularly known these days was originally an Industrial township, set up as New Okhla Industrial Development Authority in the year 1976 by U.P. Govt. to accommodate the Micro Industries shifting from Delhi. Original Idea was to create Jobs for the natives of Local villagers of Western U.P. and of course to reap the Tax revenue by setting up Industries just across the river of Delhi’s Biggest Industrial area called Okhla. Increased cost of real estate in post Asia Era (year 1982) pushed Delhi Businessmen to think for a cheaper Alternative to run their factories and they never regretted for their decision to choose Noida over Faridabad & Gurgaon.
Nobody imagined at that time that this Industrial Township would once become the most affluent and the Prosperous City of Uttar Pradesh with the highest tax collection and Increased Real estate value in the entire state. No wonder, this might be the reason that in last 15 years Noida has remain the favorite of U.P. Govt. too. Does not matter whichever political party forms the Government in Lucknow Noida always gets the biggest share of Funds for the Infrastructural Development. This is the reason , now Noida can boast of everything what its neighboring Capital City used to pride of, Roads, Flyovers, Shopping Mall, IT Parks, SEZ, Expressways & Metro etc.
Jobs to Business opportunity, Noida has it all for the IT Generation, coming from the small towns of UP, and other States, which was earlier shifting to Gurgaon, Hyderabad & Bangalore etc, for better living and fine earning. IT revolution in early Nineties bridged the gap between small town and big City and within next ten years, Noida by 2004 had developed in to the fastest growing Metropolitan City of India, where people dreamt to have their house.
Surge of demand in Housing sector of Noida, forced the governing Authority to delegate its responsibility and Major Real Estate Firms Jaypee Group, Ansal Group, Unitech, Omaxe, Parsvnath, Amrapali, Supertech Group came forward to share this responsibility .Now a days, Noida & Greater Noida both, has more than 700 Group Housing Projects with more than One Million Flats / Apartments to offer to the ever growing real estate market of Delhi NCR.. Studio Apartment to palatial Pent Houses, Serviced Apartments to Luxury suits Noida Developers have it all for the buyers who were eyeing to Gurgaon but couldn’t buy one for higher prices there. Noida Property market is believed to be much more reasonable and safer than to Gurgaon or Faridabad Properties as all the land Allotments for Housing Development are done by Authority itself and No such activity can done on agricultural Land. All such measures taken by N.O.I.D. Authority have strengthened the faith of Investors and End Users both.
Connectivity, of FNG, Yamuna Expressway & NH-24 gives triple Ace to Noida which no other City of Delhi NCR has. Quality Construction with Modern Interiors by the Big Builders is the set mantra which upcoming breed of real estate builders like, ATS, Amaatra, Ajnara, Assotech, Dasnac, Gaursons, Sikka Group, JM Housing, Panchsheel , Paras, Prateek Group, Mahagun Builders, Sarvottam Group, Unnati Group etc are keenly following. Any group housing property can be evaluated from five Major aspects Connectivity, Construction Quality, Vastu/ Interiors, Safety & Amenities, Legal sanctity as per India’s First Informative Website for Flat & Apartment Property Buyers, “Search My Flat”. And, Search my flat strongly recommends Noida to its followers, for living and Investment both.
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