Noida is home to us since more than a decade now. The place comes in news for many reasons however thankfully, we always lived in peace. Noida, a place created for industrial development has now become a major residential hub. I love Noida for its large roads, good infrastructure and urban yet rural touch. This is one place where high rises and farms can be seen in same glimpse.

The city that hosted the only F1 race in India at Budh International Circuit has a metro connectivity to Delhi as well as Gurgaon, Madam Tussauds wax museum, Kidzania, Trampoline Park, Snow world and many interesting and surprising places to see.

With pre-covid boom in the real estate market in Noida still continues. With many builders delaying the delivery and Honourable Supreme court had to step in, that surely dampened the spirit couple of years ago, but now the situation is far better and under control.

If you plan to settle in NCR then Noida offers affordable living. Even corporate towers, shared work spaces as well as commercial properties are booming. The metro reach that connects Noida to Ghaziabad, Delhi as well as greater Noida has given speed to the development.

Understand Financing : EMI

We are planning to get a second home in the city. The range of property is from a flat in a high rise to an independent house in a gated colony. Apart from assessing the need for a bigger home, financing was the most important issue.

While doing the market survey I realized buying a home can be a very tough decision. Not only we have to do research about the past projects, world quality and handover timelines of the builder but also how the financing is if the project is new. While doing all this I came across an Emi Calculator. As home loan is a big amount, understanding the estimate payment and loan amount is always helpful. This website basically is for UK mortgage market, however it gives a fair Idea about financing in Indian scenario also, as the math and calculations are same, just currency different.

Just at click of the button you can get the results, and it’s pretty self-explanatory. In fact the site has unique graphs for loan repayment along with monthly and yearly amortization tables. Unlike me if you are not planning to buy a new house, rather thinking of renovation or re-mortgaging then also this site can help you in getting a clear picture about mortgage calculation.

Noida is a well-planned township. The roads are wider and city is greener. For all the neighbouring states, Delhi offers great opportunities and Noida offers great infrastructure like schools, housing, hospitals and malls to the every growing population.

Recently I came across an article published in financial express, which speaks about the development of commercial and residential projects in Noida. Sharing the link here for ref. https://www.financialexpress.com/money/developers-eye-new-hotspots-in-noida-greater-noida-for-development/2912685/

If you are planning to get property in Noida, then it’s always better to know your neighbourhood, here are 2 posts that will give you insights about 2 great places you must visit if you are around.

Noida Haat and Tingaland