The City
NOIDA is an acronym that stands for New Okhla Industrial Development
Authority. The area falls under the catchment region of Yamuna
and is an old river bed of the same. It caters to a population
of more than 5, 00,000 lakhs people, about 50% of whom commute
to New Delhi everyday, solely for the work purpose.
The city enjoys a distinctive status of being as the country's
leading industrial city. The fact is linked to the facilities
offered at every level of the real estate. However, NOIDA is a
home to a multitude of MNCs outsourcing IT services. Most large
software and BPOs have set up their establishments in the city,
notable being Adobe Systems, HCL, EXL, American Express, Impetus
STMicroelectronics, and Xansa. With the giant conglomerates like
Escorts, Honda - SIEL, Daewoo, etc., Noida is also fast flourishing
as a hub for automobile units.
Infrastructure
The Government has left no stone upturned in nurturing Noida's
infrastructure. The city falls under Delhi Telecom Network and
has 33,000 lines on digital electronic exchange with an Exchange
of 10,000 lines designed on EWSD German Switching Technology.
This happening place enjoys excellent connectivity with major
places especially the Capital, which is the political hub of the
country, makes Noida an attractive destination for news channels.
Air, Rail booking services are accessible at Noida itself. Commercial
activities have also made rapid strides in the last few years
due to a sudden spurt in malls and multiplexes. Centrestage is
one of the most exclusive and known malls in Noida.
There are many large open spaces that have been developed as city
parks and picnic spots thereby taking everyone's recreational
need into account. Also, Ministry of Environment and Forest is
coming with a new project to develop a National Botanical Garden
that will come over a large area of 300 acres of land.
Anyone scouting huge sense of comfort with an array of infrastructural
facilities like hospitals, school, and shopping malls can look
upon as Noida residential market, which is undoubtedly a seller's
market because there is always a dearth of fresh supply.
Keeping its highly education conscious populace into account,
the city is no far behind in educational sector. Almost every
sector in NOIDA has a school and hospital in it. Cambridge School,
Apeejay School, DAV School, Army Public School, Ryan International,
Vishwa Bharti, Delhi Public School, Amity School, Rockwood School,
Modern School are some of the renowned schools in Noida.
Noida is not only known for being the industrial hub but the city
offers more than one can expect. It is a home to the famous Film
city established by Sandeep Marwah, the main operating centre
of all the leading news channels and famous studios.
Real Estate Noida
