Greater Noida Vs Gurugram: Which is Better for Real Estate Investment

Oct 18, 2022

Greater Noida and Gurugram have emerged as notable residential and commercial hubs in NCR over the last few years. This is perhaps why investors and homeowners from around the country zero in on these two cities’ real estate markets for investment opportunities. However, both cities have their own set of advantages and disadvantages when it comes to real estate investment. This makes choosing between the two a tough nut to crack, especially for homeowners. 

In this blog, we will shed light on the crucial aspects of real estate in Greater Noida and Gurugram, so you can make better investment decisions. 

Overview

Greater Noida has started to outgrow Gurgaon in terms of drawing the attention of corporates as it has witnessed the development of some of the best commercial real estate projects lately. With its excellent road and metro connectivity, relatively affordable housing cost, robust infrastructure, and competitive rentals, it is emerging as an ideal location for settling in and raising a family, as well as setting p a business. 

However, Gurgaon’s potential hasn’t diminished. The city has witnessed some of the highest spikes in large office space transactions even after the pandemic. Moreover, after the Haryana government adopted the Real Estate (Regulation and Development) Act, new flats have been constructed, bringing in Rs 3 lakh crore-worth real estate investments to the real estate sector. However, the civic and physical infrastructure, such as drainage and roads, is not up to the mark. 

Infrastructure: The most important aspect influencing real estate investments

Outer road connectivity

The National Highway (NH) 8 links Gurugra to Jaipur on one end and to Delhi on the other. After completion, the Northern Peripheral Road (NPR), otherwise known as the Dwarka Expressway, will also connect it to Delhi via Dwarka. This eight-lane expressway will most likely impact real estate investment in Gurugram. 

On the other hand, Greater Noida is connected to Delhi, Noida, and Ghaziabad through the Noida-Greater Noida expressway. It serves as an important connectivity link for those travelling from Delhi, Ghaziabad, and Noida to IT SEZs across Sectors 125, 126, 127, 132, 135, 136, 142, and 144. Besides, it also renders seamless connectivity to the upcoming Jewar Airport along the Yamuna Expressway. Also, the Yamuna Expressway connects it to Mathura, Agra, and beyond.

Internal roads

When it comes to roads within the municipal limits, Greater Noida is much better planned than Noida, Delhi, and Gurugram. It has been systematically developed with better sector roads and by-lanes with green belts. While in Gurugram, the road infrastructure lacks proper road nexus.

Metro connectivity

Talking about metro connectivity, Greater Noida takes the lead. The Noida Metro has recently extended the metro line from Noida to Greater Noida to Depot, enhancing the metro connectivity between the two cities multifold. 

Although the metro line in Gurugram is functional till Huda City Centre currently, it also has Rapid Metro operational within the city. However, many sectors in the city remain unconnected due to a lack of planning. 

Considering these aspects, it’s safe to say Greater Noida comes out as a better real estate investment destination currently. If you are looking for investment opportunities in Greater Noida, you might want to consider Purvanchal Royal City Phase II, as it is gaining popularity among investors lately.