Greater Noida completed 23 years on Tuesday, January 28, 2014. Every year this day is celebrated as Greater Noida Foundation Day or simply Greater Noida Day. Seven-day Carnival was organized to celebrate 24th Greater Noida Day.
Over the years Greater Noida has emerged as ‘a beacon of urban planning in India’.
The six-lane Yamuna Expressway connecting Greater Noida to Agra, a proposed night safari that when completed will be the world’s fifth such establishment and the Buddh International Circuit which hosts the Indian Grand Prix, are projects that put the city in the spotlight.
Metro is coming to Greater Noida
Connectivity is likely to improve with the Metro line set to expand operations from the City Centre station to the Depot station proposed near Recreational Green by mid-2014. The Rs5,000 crore extension will measure 29.71 km and have 22 stations.
Heliport and Civic Center at Greater Noida
Further, a heliport only 500 meters from the Expo Mart and a civic center equipped with business district, food court, cultural center and office space in Knowledge Park – III next to Expo Mart are among many top infrastructure projects that have been mooted.
Greater Noida – an ideal destination for international events
The city is fast emerging as an ideal destination for international events in the country due to excellent road connectivity with Delhi to the India Exposition Mart located on Noida Expressway.
Booming affordable Real Estate
The improving infrastructure and connectivity will boost the real estate sector. Residential property units are projected to house nearly 10 lakh people over the coming years. Its biggest advantage is the affordable realty market.
Poor Law and Order Problem
However law and order and farmers’ issues are a bit of a concern. For a population of 16 lakh, there are only 1,600 police personnel. Labour unrest is acute, evidenced by a day of arson and violence last year and the murder of L K Chaudhary, the CEO of Graziano Transmissioni, an Italian company as reported in TOI. No foreign company has set up a base here in the past 12 years.