Initially established as an industrial hub, Noida, a bustling city in the National Capital Region (NCR), has become a residential haven in recent years. With major IT companies like Microsoft and HCL setting up their operations in Noida, the city is witnessing investment and job opportunities in large numbers. These jobs have resulted in an increase in the number of residential developments in the city.
Among upcoming luxury residential projects in Delhi NCR, the ones in Noida are seeing a lot of investment and interest from buyers and developers alike. But what makes Noida such a residential haven? The answer lies in the city’s urban planning, which has created more green spaces for residents and better community well-being.
Why Is Noida’s Urban Planning Commendable?
A study conducted on urban planning, with special focus on Noida, found that the city had a total of 46.47% of the land that was highly and moderately suitable for greening the city, highlighting the potential of developing different forms of green spaces. Existing and upcoming residential projects in Noida are designed to incorporate a lot of green spaces within and around the residential areas. This is one of the reasons for the city’s popularity amongst all types of residents, whether they are individuals living alone or families.
Living amongst greenery is a well-established factor for people favoring one area over another. That is why Delhi NCR-based real estate developers like Max Estates are developing projects heavily influenced by biophilia. Biophilia contributes greatly to the residents’ physical, mental, and emotional health, which is why people tend to look for properties where they can be closer to nature. Along with biophilia, many upcoming residential projects in Noida are also embracing eco-friendly designs, which are great options for the environmentally conscious population.
How Are Mixed-Use Developments Perfect For Community Living?
Noida has also gained popularity as the perfect area to reside in for community-based living. This popularity has created a market for mixed-use developments that integrate residential, commercial, and retail spaces into a single project. These developments are perfect for residents who want open residential areas within a self-sustaining ecosystem of retail and office spaces nearby.
Due to Noida’s robust infrastructure, connectivity to the national capital, and multitude of industries, there is a high demand for residential and commercial spaces in the city. Mixed-use developments are great investment opportunities that allow investors to tap into a diverse market. These mixed-use developments also include recreational facilities like fitness and entertainment centers. Along with the vast green areas being incorporated into the residential projects, mixed-use developments in Noida make the perfect choice for residents wanting a holistic lifestyle.
Other Factors That Make Noida A Premium Residential Area
There are various other factors that contribute to the popularity of Noida as a residential haven for people from different walks of life. The city is well-connected to the NCR and undergoes constant development, which only elevates the living and working standards. It is also a retail haven as most international brands and enterprises have been investing heavily in making Noida their center of operations in Delhi NCR. An upcoming game changer is the Jewar International Airport, which will complete its first phase this year, bringing with it a lot more business, hotels, and retail for the area.
In conclusion, even though Noida has already established itself as a city heavily populated by industries and businesses, it is also commonly considered a residential city for many reasons. In this article, we looked at how the availability of green spaces and mixed-use developments have made upcoming residential projects in Noida increasingly popular. Even though various upcoming luxury residential projects in Delhi NCR are going the same route, it will be interesting to see how Noida’s real estate market will fare in the future.
