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Noida
basically stands for New Okhla Industrial Development, a scientifically planned
North Indian city .It is a part of National Capital Region of India. Noida was
set up as a part of an Urbanization lunge during the Emergency Period by Sanjay
Gandhi. Noida succeeded Mumbai and Gurgaon by being the second best realty
destination for over a decade starting from the year 2000. Noida has become the
priority for companies offering IT, BPO, BTO and KPO services in various
domains such as banking, financial services, insurance, pharma, auto, FMCG and
manufacturing. Noida offers a decent environment with first-rate power condition,
healthy climate suited for IT industries, housing or real estate and with
educational facilities for engineering colleges, and other well-known
institutions. The city is one of the major revenue earners for the government
through taxes with the development prevalent in industry, commerce and trade.
As
Noida is situated in Uttar Pradesh, the source for water is from Yamuna and Ganga,
the two rivers which are is vastly polluted by the time they reach the city, so
the state suffers from the poor water quality. Another source of water is
Ground Water whose supply could be limited which has to be divided between
potable and irrigation water.
New
projects by various IT companies based in the city brings new opportunities and
with new opportunities comes employment. Noida because of its monetary value
has attracted many and this directly brings up the idea of housing and residential
plots. According to the updates by Property.Sulekha.com there
have been many new projects which have come into existence over the years, with
brand new ideas such as rain water harvesting, smart ground water consumption etc.
According
to the Data found on Sulekha Properties there are thousands of plots with
ground water facility available for sale like in sector 150 the plot price
starts from1.35 lakhs for 450 Sq. ft., 4.5 lakhs for 450 Sq. ft. in Noida
extension 118, while in Sector 79 the residential plot is of 1.98 crores – the
price of the plot along with the facilities offered such as swimming pool, Tennis
courts, Gym. Prices vary as per the Sectors overall development and the
surrounding environment.
It is advisable to buy plots with the
facilities of rain harvesting system and underground and overhead water supply
tank to overcome the needs of water. Make sure that your contract buying
contingencies have all the rights of well digging in your own residential plot.
There are many more things one should keep in mind before buying a residential
plot. The first and foremost thing to be kept in mind is ‘Location’. Location –
in suburbs or city, near any government or non-government organizations.
Secondly the plot should not be under the land accessible for public purposes
or roads. It should have a well-planned sewage system, along with the
facilities of electricity, phone services, cables, WI -Fi connectivity. A buyer
has full rights to know about any hazardous substance buried under the land
such as harmful minerals or oil or any gas tanks.
Residential Plots in Noida are easy to buy with some reliable
sources and the above mentioned tips must be kept in mind.