Noida invited to be a part of the Global Sustainable Cities 2025 plan by the United Nations
The residents of Noida or Greater Noida should take great pride, as these cities were exclusively selected to be a part of an elite group of only 25 cities from all over the world under the Global Sustainable Cities 2025 plan by the United Nations.
The news broke after Roland Schatz, a representative of UN, extended the invite to Gautam Buddh Nagar DM Brajesh Narain. Apart from Noida, Mumbai and Bengaluru were the only two cities invited from India.
Sustainable development primarily deals with universal challenges like poverty and pollution, while ensuring prosperity and development of an area.
Noida and Greater Noida are selected in the University City category given the number of quality higher-education institutions in the area.
What does this move mean for potential homebuyers in Noida or Greater Noida?
Recognition of both cities on a global level
The platform provided by the UN to both these cities is huge and global. This will increase business travel to the cities, which along with the new Noida airport, will help the cities develop as corporate centers of North India, just like Gurgaon.
Hike in real estate prices in the area is expected, as a result, making great returns a certain possibility.
Bright, sustainable future for the area
Such an invite will make sure that authorities in Noida and Greater Noida take special care of ensuring responsible and sustainable development in the area.
This means prosperity will not come at the cost of pollution and decreased standards of living in the area. You and your family can relax and live in better, greener conditions than nearby cities like Delhi.
Investment in Noida will yield greater returns
The rate of development has already propelled the real estate market in the area. Along with increased connectivity, corporate development, and world-class universities, Noida properties are soon going to become the most desired locations in the NCR region. You can invest in the area and reap higher returns later.
Higher rates of infrastructure development in the region
This move by such a premier global body like the UN will make sure government authorities, as well as corporates, pay more attention to Noida.
This will lead to a higher rate of infrastructure development in the area, which will in turn spike the real estate prices.
This move, amongst everything else that is going on right now in the Indian real estate market, has made it clear that your investment in an up and coming area like Noida and Greater Noida will yield great returns in future.