Wednesday 5 August 2015

Lotus Arena: luxury apartments in Sports City Noida

The development of real estate is a phased one. It does not happen overnight and neither is it uniform. Thus, cities do not grow laterally or even homogeneously. Some parts develop faster than the others and also develop differently. If we take Noida as a case in point, it is easy to note that the constructions in Noida sector 79 are not the same as those on Noida Expressway.

Residential projects are springing up all across Noida, but the very same city is witnessing constructions of different multitudes. Lotus Greens is one developer that has been involved with the growth and development of Noida for a long period. Their brand of construction is unique and they have successfully delivered numerous real estate projects and premium and luxury apartments.

http://www.lotusgreens.in/arena/amenities.php
 The reason for varied construction in Noida though is simple and the same can be extrapolated to other cities as well. It all boils down to the origins of the city and the first stages of development. Noida started off as an industrial area in the outskirts of Delhi. It in fact draws its name from there, Noida standing for New Okhla Industrial Development Authority. The initial spurt in real estate development was seen around the industrial beds. Row houses and bungalows occupied most of the area in the city. The state housing projects also came into being. These were also restricted to a maximum of three storey constructions. Space was in abundance and was not used sparingly as there was no surplus demand for housing.

But, as Noida grew, more corporate houses set shop here, and people started eyeing it as a good investment option for real estate. It resulted in an immediate increase in the rate of constructions. While, earlier bungalows and low storey buildings dominated the scene, the trend now shifted to high-rise buildings. Upcoming projects focused on the growing need for housing and tried to fill the gap. Areas of the city, which were earlier neglected, came into focus. The outskirts became the sought after locations. Developers introduced the latest real estate trends in these areas. Apartments and townships in Noida grew, luxurious 3,4 bhk apartments came into being. A whole new Pandora’s box was opened to the population in the world of real estate.

There was also parallel growth happening on the outskirts of Noida that would later become Greater Noida. The growth was not at the same pace but it was constant. There were also sports elements being introduced. Stadiums were being built, formula one tracks constructed.

http://www.lotusgreens.in/arena/location-map.php
 After all, growth is not an isolated concept. It takes place harmoniously keeping surrounding elements in mind. Noida saw a growing demand for sports projects, villages, apartments, and townships.

Lotus Greens is coming up with one of the biggest and most prolific sports city in Noida. To buy property and apartments here will be a dream for any customers. It will be home to the best of indoor and outdoor sports facilities. The apartments are also sports themed and beautifully conceptualized and created. The perfection and quality of work has been the prime strength of Lotus Greens and the sports village project is sure to take their appeal several notches higher.