Noida or Gurgaon Which is Better for Property Investment?
When it comes to the National Capital Region for real estate investment, only two cities come to our mind: “Noida” Or “gurgaon”. Both Noida and Gurgaon are developing rapidly, where people buy houses and invest and take advantage of it. However, it is not decided which city is better and which one gives more benefits. Which city gives more facilities is decided according to its connectivity, its price, valuable facilities and environment. Investment is made in that city only after analyzing all these. It is up to us to decide which one is more profitable than Noida and Gurgaon.
Infrastructure Development
Gurgaon: Gurgaon is also known as Gurugram. It is famous for world class infrastructure. In the last two years, it has become a big corporate and industrial hub. DLF has the highest priority in the city in the field of real estate as it is full of high-rise buildings in the city with luxury apartments and commercial properties. It was only after DLF that other developers started contributing to the city of gurgaon. In which he has introduced many township business parks and residential complexes. Cyber City and Udyog Vihar is known for its business districts, where a major employment center in Gurgaon is divided. There are many infrastructures connected in, such as water supply traversing congestion. Sometimes there is a power shortage, so suggesting that all these departments fulfill it and working on it.
Noida: Talking about Noida, it is a boasts size structure whose development infrastructure is planned by the government. Roads, green spaces and well planned sectors have been built here by the New Okhla Industrial Development Authority. In which our expressway metro connectivity and highway from Delhi to NCR is also built. It has been built through Noida authority. Noida is better in terms of infrastructure Because water supply, electricity and road maintenance score more. This city is more famous because of Sector 62 area. Due to the Noida Special Economic Zone, being home to many IT companies in the Noida region, it is making it an increasingly popular option for business in the city.
Verdict: Noida is slightly ahead of Gurgaon in terms of better planned infrastructure and facilities for the citizens. Whereas Gurgaon maintains a more corporate centric environment.
Connectivity
Gurgaon: Gurgaon is well connected by National Highway 48 and Delhi Metro’s Yellow Line as it also enjoys connectivity to South and Central Delhi. The value of Gurgaon has increased further due to Indira Gandhi Airport. It is only within 15 to 20 minutes that we can reach IGI Airport which is very useful for frequent travel.
Noida: Talking about Noida, it is well connected to East Delhi and Central Delhi through DND flyover, Noida Expressway and Yamuna Expressway. Metro facility is also available in Noida. Delhi’s Blue Line connects the metro to Noida. Noida has a separate airport which we know as Jewar International Airport. Due to this, it gets a game changer opportunity due to the international airport, real estate investment will increase here.
Verdict: Connectivity of Gurgaon is better with IGI Airport and corporate hub. Noida has a strong metro infrastructure and Noida has its own Jewar International Airport which makes it even better.
Property Prices and Affordability
Gurgaon: Talking about property price and affordability, the property prices in Gurgaon are much higher than Noida. Especially in areas like Golf Course, Extension Road, Cyber City. These luxury apartments and commercial projects make Gurgaon a more expensive option.
In many areas of Gurgaon, their price ranges from Rs 10000 to Rs 18000 per square feet. Also, it provides a good return.
Noida: Noida is much cheaper than Gurgaon. Because the price of vehicle property in sectors like 50, 75 and 150 is much lower than Gurgaon. The price per square feet in Noida is between 6000 to 10000. For those who are looking to invest money in their home for the first time, this property becomes very economical. Which can provide them a good return in the future and can give them a very good environment.
Verdict: If we look at it, Noida is more comfortable than Gurgaon. For those who have a low budget, it becomes a better option and for those who want a luxurious life, Gurgaon can be the best option. Because Gurgaon provides them a good environment and higher returns. These are the comparisons of Noida.
Rental Yield and Investment Returns
Gurgaon: Gurgaon is basically an industrial area and now there is a lot of increase in the number of residential and commercial projects being developed by DLF and other developers. The average rental rate here has been around 4 to 6% annually and in prime locations like Golf Course Extension Road, Dwarka Expressway there has been a lot of price appreciation in the last few years. It means that investing high value in Gurgaon will provide you higher returns.
Noida: Talking about Noida, you cannot get as much rent as Gurgaon because due to low property prices, the vehicle rental income is also not that high. Due to this, you get an average rental of 2-4% annually on a vehicle. There are upcoming projects coming up in Noida. Like Jewar Airport and IT Hub due to which its valuation will increase in the future and its rental will also be high.
Verdict: You can get more profit by investing more in Gurgaon. But you can invest for the long term in Noida. In future you will get good returns and a good environment.
Lifestyle and Amenities
Gurgaon: Gurgaon is in trend because of its luxurious life. As it has a lot of industrial areas and some of its main places are Cyber City, Golf Course Road, MG Road which has world class amenities and attracts you with professionalism.
Gurgaon provides you with a nightlife facility like pubs, clubs and entertainment venues.
Noida: Noida is a much calmer area than Gurgaon. Because here you are given a comfortable lifestyle which includes park space, residential, commercial, projects, buildings, modern amenities.
In this you get the facility of all these things like shopping malls, sports clubs, stadiums along with a good environment in which you can enjoy with your family.
Verdict: Gurgaon offers you a luxurious and high-end lifestyle, Noida provides you a balanced lifestyle that offers green spaces and a comfortable affordability.
Conclusion: Noida or Gurgaon Which is Better for Investment?
Both Noida and Gurgaon are better options for investment whose source of income is quite high. Those who have a low balance and budget can invest in Gurgaon. Those who talk about returns, there is higher return on high investment which Gurgaon provides. Investing in Noida will be beneficial in future. Because an upcoming project is coming through the government. Jewar International Airport due to which the property value of Noida will increase a lot.
Both cities are known for their different qualities and features. Luxury property in Gurgaon offers you a corporate environment and gives high return in case of rental. Whereas Noida is the best opportunity for you for the long term. If you are looking for Luxury flats in Gurgaon then this will be the best opportunity. If you are facing budget issues then Noida will be the best solution and will give you benefits in long term growth.