Greater Noida is one of the best planned cities in India and living in Greater Noida is altogether a different experience. I am not just saying it because I live there and I have invested in it, but I firmly believe so.

The green cover in the city, the pollution free environment definitely is something difficult to find in big cities. The city also boasts of Integrated sports complex – which is awesome and pretty reasonable if your kid is studying in JP School.

The city has good quality of life, good housing options, cheap land, lot of student talent and huge tracts of land nearby. All these means an opportunity waiting to happen where the easy availability of young talent would attract KPOs , BPOs and IT Services in the city. Wipro with 6000 people is a live example.

Economic activity in the city are showing signs of improvement. Although the Airport got rejected, a semiconducutor FAB is approved in the city. FABs typically spawn an ecosystem around it and one FAB can completely transform the economy of Gr Noida.   I also see lot of office spaces coming up in the city. Regus has recently opened up their business centre in Greater Noida.  AutoExpo is happening in Gr Noida next year.  Ikea might open their first store in Greater Noida.. so lot of action waiting to happen..

The only and only big disadvantage the city has is accessibility. If the Metro comes through, the city will have a direct link and then the economic activity in the city will boom.. Which KPO will not want to open a shop in Greater Noida when office cost is 1/5th of Bangalore and cheap talent is available in plenty.

I also firmly believe that UP Is next growth story waiting to happen given the shear size of population the state has ( same advantage India has over other countries..)

I am not saying it is a city where you can expect quick returns. Greater Noida has been a lackluster performer in terms of real estate appreciation and people who have invested in it In last 7-8 years, have for obvious reasons regretted their decision.  From investment perspective it is a long term call, especially given the supply on Noida Greater Noida expressway.

Can Greater Noida become the semiconductor capital of India? I think it is a story in the making…