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 have resulted in an increase in the number of residential developments in the city.
Among upcoming luxury residential projects in Delhi NCR, those in Noida are witnessing high investment and interest from buyers and developers alike. But what makes Noida a residential haven? The key is in the city’s thoughtful urban planning, which has expanded green spaces and enhanced community well-being.
What makes Noida’s Urban Planning Remarkable?
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 enhancing greenery, highlighting its potential for developing diverse 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 key reasons why the city appeals to all types of residents, from individuals living alone to 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 incorporating biophilia into their developments. Biophilia contributes greatly to the residents’ physical, mental, and emotional well-being, which is why people tend to look for properties where they can be closer to nature. Additionally, 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 Suitable For Community Living?
Noida has gained widespread popularity as an ideal place for those seeking a vibrant, community-focused lifestyle. This popularity has created a market for mixed-use developments that integrate residential, commercial, and retail spaces into a single project. These developments are ideal for residents who seek open residential areas within a self-sustaining ecosystem of retail and office spaces conveniently close by.
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. With expansive green spaces integrated into residential projects, these developments in Noida are the ideal choice for residents seeking a holistic lifestyle.
Other Factors That Make Noida A Premium Residential Area
Several factors contribute to Noida’s popularity as a residential haven for people from diverse backgrounds. The city boasts excellent connectivity to the NCR and is continuously evolving, enhancing both living and working standards. Additionally, Noida is a retail hub, with many international brands and enterprises investing heavily to establish their operations in the area. A significant development on the horizon is the Jewar International Airport, which will complete its first phase this year, promising to bring an influx of businesses, hotels, and retail opportunities to the region.
In conclusion, although 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.
