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Greater Noida is an emerging real estate market in Uttar Pradesh. Although it is in UP, Greater Noida is considered to be a part of Delhi NCR region. The city was created as an extension to Noida area under the UP Industrial Area Development Act, 1976. It is located to the south east of New Delhi and is next to Noida. The city is administered by Greater Noida Industrial Development Authority (GNIDA) and has well-planned realty development.
As Greater Noida spread over 380 sq km, the property prices vary greatly. Here are a few localities with upward market trend of property prices in the recent years (the rates are estimated prices):
Greater Noida West - Rs. 8100 to 9900 per sq ft
Pari Chowk - Rs. 7200 to 8500 per sq ft
Omicron 1 - Rs. 6200 per sq ft
Achheja - Rs 3400 per sq ft
CHI 5 - Rs 4600 to Rs. 5800 per sq ft
Apart from knowing the property prices and trends, you also need to know the document requirements before registration of the property (also, remember to check if the plot is authorized by the GNIDA). Here is the list of documents required for registration of a property in Greater Noida:
a. Conveyance Deed or Sale Deed
b. 7/12 Extract
c. Index II
d. Search Report & Title Certificate
e. Non Agriculture Permission
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2020-12-20T15:52:35+00:00 2020-12-20T15:52:35+00:00Comment
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