In recent years, Greater Noida has emerged as a highly sought-after residential destination for those working in Delhi and Noida. The locality offers premium residences at relatively affordable prices, making it a viable choice for renters across the budget spectrum. However, as with any residential locality, there are some distinguishing features of Greater Noida, but also some teething issues that you might want to pay attention to.
Here a useful guide to renting a house in Greater Noida.
Why Greater Noida?
If you are looking to get away from the chaos and mayhem of Delhi and Noida, then Greater Noida makes for a good residential option. An upscale residential area in the National Capital Region (NCR), Greater Noida is well-connected to Delhi and Noida, and to a wide range of civic amenities. It is a relatively quieter and greener area that is well-organized into sectors, each of which offers many residential projects that are equipped with modern amenities.
Greater Noida offers excellent connectivity to a range of civic amenities, including reputed schools, world-class hospitals, shopping malls, multiplexes, hotels, and business districts. Moreover, the state government has offered several incentives to corporates, in order to encourage the setting up of offices in the area. This has further boosted the real estate in the area. Greater Noida is well-connected to Delhi by the Delhi Metro line (via Noida), as well as by the Noida-Greater Noida Expressway.
The Property Market
Greater Noida is dotted with residential projects by reputed realty developers. These quality constructions offer a safe and secure environment, modern amenities, green spaces, and various other conveniences. To summarize the property landscape of Greater Noida, there is something for everyone here.
The rentals in Greater Noida are relatively affordable, especially when compared with Noida. A 1 BHK unit of 60 square meters is likely to average at a rental of Rs. 6,000 per month. If you get a good deal, you can also find 2/3 BHK units in residential societies for about Rs. 15,000 per month.
One of the biggest challenges that Greater Noida poses to renters is the limited connectivity within the area, especially via public transport. Although there are buses and autos that ply in Greater Noida, it is essential that the public transport systems be made more efficient and widespread in order to further enable the rental market here.
Useful tips for prospective tenants. For those looking to find suitable accommodation in Greater Noida, here are some useful tips to keep in mind:
1. Look out for the sectors in Greater Noida that are close to a metro station. As the second-best option, you’ll want to make sure that the sector offers good connectivity to the nearest metro station.
2. Look for a project that offers a range of on-site amenities, so that you don’t have to worry about commuting long distances in search of everyday amenities, like fitness, utilities, etc.
3. Make sure that you have thoroughly checked out the residential complex or neighborhood for its safety, access to amenities, infrastructural development and fair rentals. A great way to do this is on RentXZ.com, India’s 1streal estate portal that is driven by verified customer-generated content so that you can find the perfect rental home for your needs. On the portal, you can access a host of reviews on Greater Noida (and specific accommodations) by homeowners as well as tenants, so that you can make an informed decision about where to stay.
4. As is the case with any rental agreement, make sure to discuss with the landlord beforehand as to who will pay the stamp duty and registration charges. You will also want to have a similar discussion about the upkeep and maintenance of the home. Greater Noida is the ideal locality in NCR for those who want to upgrade their lifestyle within a budget. If you are working in Noida or Delhi, then it’s definitely a locality worth exploring. Check out RentXZ.com, India’s 1st real estate portal that is driven by verified customer-generated content, to explore the best rental options in Greater Noida.