Noida or Gurgaon- Which is better for investment?

Both Noida and Gurgaon are a part of the National Capital Region or NCR and are considered as hallmarks of development. Compared to what it was earlier, both the cities have undergone a tremendous developmental change. One aspect that has taken both the places by storm is real estate. The price of properties and other assets have skyrocketed in recent times. This positive development has increased the potential for investment in Coworking spaces in Noida and Gurgaon both. Investors from all around the country and even globally are ready to put their money in these places and they have ample reasons to do so.

The investment potential of a place is dependent on a number of factors, but superficially speaking, it is the standard of living and the lifestyle that it provides which takes the top spot. When you are looking at the investment potential in Gurgaon and Noida, you have to look at the development of the IT sector, housing complexes, transportation facilities, roads, and metro connectivity, relaxing zones like pubs, theatres, schools for children etcetera. A comparative study of both places has been done below.

Development of infrastructure

When you think of infrastructure, you speak of both the commercial and residential one. Both the cities in this respect score almost equal points here. While Noida is amazing for residing in, with its well-planned roads and a spacious layout, Gurgaon is the place where most of the Fortune 500 companies are pitching their tents, making it better commercial infrastructure wise. It is true that Gurgaon is a little haphazard in its orientation but if you take both the factors together and equate it, Gurgaon probably will be slightly ahead.

Basic civic amenities

This is a major criterion for comparison and the fact is that Gurgaon is clearly leading the race here. If you look at the lifestyle of a person beyond work, it mostly consists of different mediums of entertainments, clubs, and pubs, movie theatres, good eating joints, and luxury restaurants. In all of these aspects, Gurgaon provides better facility than Noida, even though Noida is hot at its heels and might even be at par in a few years. Even if you talk about shopping malls, Gurgaon gets the better mark even though the irony is that one of the biggest shopping malls in India, the Great Indian Place, is situated in Noida. The developmental projects are mostly of the luxury and the ultra-luxury types in Gurgaon at this moment, with better civic amenities plans.

Health care

If you talk about health care facilities and professionals, Gurgaon is better equipped to handle this sector effectively. Most of the leading hospitals and doctors are readily available in Gurgaon though Noida is getting a makeover by opening a number of facilities like Fortis, Apollo etcetera. Probably, it will surpass Gurgaon soon in this respect.

Educational institutes

You have to give the point to Gurgaon here. The numbers of educational institutes, especially the ones that follow international standards are much more in Gurgaon. Noida is again no slob in this area; they have quite a few universities of its own.

Connectivity

If you talk of connectivity through roads, Noida is better because of the fact that it is better planned. Just for comparison's sake, in the industrial sector, the roads in Noida are 80 feet wide while in Gurgaon it is only 45 feet. Similarly, the metro connectivity in Gurgaon is more extensive which is highly beneficial, considering the number of people who use the facility. So depending on your preferred mode of transportation, you can give your point here.

Cons-

When you compare, you have to look at the disadvantages of both the places as well. In Noida, there have been some issues regarding land acquisition deals that have stained the reputation of some developers. The major problem with Gurgaon is the increasing population in that area. Availability of lands and steep increase in the price of real estate is the problem that is prevalent in both Noida and Gurgaon.

Since all the relevant points have been discussed, taking that decision between Noida and Gurgaon as a better place for investment becomes a little easier. As it is evident from this comparative article and the state of the places in general, Gurgaon seems to be edging ahead in the investment market at this moment, though Noida is considered the city of the future. As the battle intensifies, one thing that is an obvious winner is the development with Coworking Spaces.