Noida, well-known for its robust infrastructure and IT/ITES hub. Falls under Delhi NCR and its skyrocketing development fascinate home hunters and job seekers to reside in this city permanently. Getting a home in this beautiful city means you are beating the scarcity someone always wonders to have.
Assembling and enabling a gratifying lifestyle to people is the prime motto of the city and thanks to Noida Development Authorities and the establishment of big MNCs now the city turns into a dreamland for home buyers.
In addition to this, the city has excellent connectivity to many places such as it can make your travel easy to Delhi and other NCR regions and you can reach those places shortly. Here Noida- Greate Noida Expressway, Yamuna Expressway, and DND Expressway retrenching the entire distance. In addition to this, the city possesses metro connectivity that will also help you in your every journey.
At present, the city is gleaning more attention from neighboring states, Delhi, and other NCR regions because the city is going to possess another wonderful advantage as Jewar International Airport (upcoming).
Once again Noida is in the limelight for the bullet train connectivity. As per the current report, The National High-Speed Rail Corporation Limited (NHSRCL) had a preliminary discussion with the Gautam Budh Nagar administration over land requirements for the two stations in the district. So as per their plan, one station will come up in Noida sector 44 and another at Noida airport terminal one in Jewar.
It is said that this stretch is a part of the Mumbai – Ahmadabad High-Speed Rail Corridor which is already under execution. Now this Delhi- Varanasi high-speed rail corridor will have 12 stations and the proposed station will be Delhi, Noida, Jewar Airport, Mathura, Agra, New Etawah, South Kannauj, Lucknow, Raebareli, Prayagraj, New Bhadohi, and Varanasi.
The report says the Delhi Varanasi High-Speed Rail (DVHSR) Corridor has been already submitted to the Ministry of Railways on October 29, 2020. The DVHSR corridor will connect the National Capital Territory of Delhi along with major cities like Mathura, Agra, Etawah, Lucknow, Raebareli, Praygraj, Bhadohi, Varanasi, and Ayodhya.
This 800 km Delhi to Varanasi corridor will also be connected to Ayodhya and the route this High-Speed Rail (HSR) route will connect to the forth-coming Jewar international airport.
How it will impact Real Estate?
Home search always stays at the top in Noida city because of endless opportunities and facilities it holds and after receiving these two great reasons undoubtedly home demands will escalate in Gautam Budhha Nagar.
Additionally, Delhi – Varanasi Bullet Train Project will bring many opportunities and as a result, you will see many avenues for economic and infrastructural development. May real estate developers will actively approach with manifolds housing as well as commercial developments. So, all these are some absolute reasons that will boost the real estate in this area.
Noida has witnessed a ceaseless demand for bigger size homes the demands for 3 BHK options are standard in this city because home buyers these days prefer sheer size apartments and if you are in search of such typology then you can consider Tata Housing’s iconic housing development Tata Eureka Park.
So in sum, this proposed Delhi – Varanasi bullet Train project will positively impact the future of real estate development. Undoubtedly, residential demands will pick up and its immediate effect you can see in those sectors near to the proposed stations of the bullet train. Sector 144 and Jewar Airport will primarily get an immense impact.