Noida Vs Gurgaon: Which City is Better to Live or Invest & More

Choosing between Noida and Gurgaon is a difficulty faced by many individuals and businesses looking to establish their roots in the National Capital Region (NCR). Several questions come to mind, like which city is better to live in, Noida or Gurgaon? Which city is better in terms of investment, which city is safer, Gurgaon or Noida? 

Both cities have their unique advantages and challenges, making the decision quite challenging. In this article, we will see a detailed comparison between Noida and Gurgaon, covering various aspects such as infrastructure, economic development, quality of life, and more. So, let us start this blog.

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Noida Vs Gurgaon: Historical Background

History of Noida

Noida’s full form is the New Okhla Industrial Development Authority, and this city was established in 1976 under the UP Industrial Area Development Act.

This city was planned as an alternative to Delhi with planned infrastructure, better connectivity and reduced overcrowding in Delhi. In the last two decades, Noida has evolved into a major hub for IT and IT-enabled services, attracting numerous businesses and residents.

History of Gurgaon

Gurgaon is located in Haryana; it is officially known as Gurugram. This city has a history that dates back to ancient times named after Guru Dronacharya from the epic Mahabharata. But it remained a sleepy town until the 1970s.

However, the growth of Gurgaon began in the 1990s with the rise of economic liberalization in India, leading to a real estate boom and rapid urban development. Now Gurgaon is a major economic and IT hub of India.

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Noida Vs Gurgaon: Geographical Location

Noida is located in Uttar Pradesh, to the southeast of New Delhi. It is part of the Gautam Buddh Nagar district and well-connected to Delhi via road, highways and the metro. Due to its strategic location, it is a popular choice for both residential and commercial purposes.

There is an upcoming Jewar International Airport that will significantly boost the real estate market in the surrounding area.

On the other hand, Gurgaon is situated in Haryana, southwest of New Delhi. It is an important city in the Delhi-NCR. Gurgaon is close to the Indira Gandhi International Airport, and its extensive road and metro connectivity makes it an attractive destination for businesses, investment and living.

Which is better Noida or Gurgaon for Job?

Noida is an important city in terms of job opportunities; this city has witnessed significant economic growth, primarily driven by the IT and ITES sectors. The city hosts several IT parks and Special Economic Zones (SEZs), attracting numerous multinational corporations. The presence of companies like HCL, TCS, and Infosys has boosted the city’s economy.

On the other hand, Gurgaon has witnessed major economic development, especially in the last two decades. In terms of economy and job opportunities, Gurgaon has overshadowed Noida.

The city is home to numerous Fortune 500 companies and serves as the headquarters for major corporations like Maruti Suzuki, Hero MotoCorp, and numerous BPO and IT firms. The financial and industrial sectors also contribute significantly to Gurgaon’s economy.

In conclusion, both the cities offer ample job opportunities, but Gurgaon is quite ahead because Gurgaon is better for IT professionals due to the presence of Fortune 500 companies.

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Noida Vs Gurgaon: Infrastructure

Noida has a well-planned and efficient infrastructure and transportation network. It is well-connected to all the major locations of Delhi-NCR.

The Noida-Greater Noida Expressway and the Yamuna Expressway will connect Noida. Additionally, the Delhi Metro’s Blue Line and the Noida Metro Aqua Line ensure seamless connectivity within the city and to Delhi.

On the other hand, Gurgaon’s transportation and infrastructure are equally impressive. It has extensive road networks like the Delhi-Jaipur Highway and the Dwarka Expressway.

The city is also well-served by the Delhi Metro’s Yellow Line and Rapid Metro, providing excellent connectivity to Delhi and other parts of Delhi-NCR.

In conclusion, both Noida and Gurgaon have well-planned and modern infrastructure, robust connectivity and excellent transportation.

Noida Vs Gurgaon Real Estate: Which is Better for Investment

Both Noida has Gurgaon a perfect locations for investment or property buying. But the question is which is better for investment, Noida or Gurgaon?

The answer is simple: it depends on your budget, investment goals, and the type of property you are looking to invest in. Both cities have planned infrastructure, extensive roads, metro connectivity, job opportunities and upcoming mega-developments.

Let’s have a look at real estate trends for Noida Vs Gurgaon from different sources and websites.

• According to the reports of the Delhi-NCR real estate market, Gurgaon has witnessed a growth of 13% in home sales, especially for luxury apartments, while Greater Noida and Noida see a 7-8% fall.
• As per the reports of Livemint, the demand and prices of luxury homes increased in Delhi-NCR, Mumbai, and Bengaluru.
• Noida is also witnessing growth in the luxury housing segment, especially in sectors like 14 and 15 and along the Noida-Greater Noida Expressway.
• There has been an increasing demand for commercial spaces, particularly in Noida Expressway and sectors like 62 and 63, driven by the IT and ITES industries.
• According to the Financial Express, Noida has become a prime investment zone in Delhi-NCR.
• According to the reports of ZeeBiz, Delhi-NCR has become a favourite destination for NRIs to buy homes. The Noida and Greater Noida are being witnessed for increased home buying interest.
• There are various ongoing infrastructure projects in Noida, such as the expansion of the metro network, the upcoming Jewar Airport, etc. will appreciate the property prices.
• Gurgaon has witnessed an increasing popularity of integrated townships and mixed-use developments.

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Noida Vs Gurgaon: Rental Market Comparison

The rental market in Noida is more affordable as compared to Gurgaon, which attracts middle-income professionals and families, especially in areas like Sector 62 and Greater Noida West.

The presence of IT and manufacturing companies drives demand, with upcoming infrastructure projects like the metro expansion and Jewar Airport expected to boost the market further.

On the other hand, Gurgaon’s rental market caters to high-end professionals and expatriates, with premium areas like DLF Phase 1-5 and Golf Course Road commanding higher rents.

Gurgaon vs Noida safety

If you are planning to move to Noida or Gurgaon, it is quite normal to think which is safer, Gurgaon or Noida. Both cities have areas that are safer and less safe. Generally, gated communities and well-developed sectors in both Gurgaon and Noida provide higher security levels.

However, Gurgaon has a higher crime rate as compared to Noida.

Despite this, both Noida and Gurgaon have a well-established police force and private security services, contributing to overall safety. Overall, both cities are perfect for living and safety; various police stations respond quickly to any incident or crime.

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What is the cost of living in Noida vs Gurugram?

The cost of living in Gurgaon is slightly higher compared to Noida. It also depends upon your lifestyle and preference.

The average rent of a 1 BHK apartment in Gurgaon ranges from ₹15,000 to ₹40,000 per month, while in Noida, it is ₹10,000 to ₹25,000. Utilities and internet cost around ₹4,000 to ₹6,000 in Gurgaon and ₹3,000 to ₹5,000 in Noida.

Grocery expenses are about ₹5,000 to ₹8,000 in Gurgaon and ₹4,000 to ₹6,000 in Noida. Dining out is also pricier in Gurgaon, with meals at mid-range restaurants costing ₹800 to ₹1,500, compared to ₹600 to ₹1,200 in Noida. Overall, the cost of living in Gurgaon is more expensive as compared to Noida.

Note: The above cost will vary as per your lifestyle and preferences.

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