It may
already be a foregone conclusion that property
in Noida shall in the future house largely mid segment homebuyers. The
vibrant city which is connected to Delhi by a posh DND toll has become a second
rung IT destination in the country. In the future much of the best property in
Noida shall be older developments and newer developments shall be built keeping
in mind the market for budget homes. This doesn’t mean that there won’t be any
new luxury apartments in Noida, certainly there will be some, however the
larger trend points to a city which may over time evolve into something akin to
a ghetto with small flats closely packed together in developments that are
themselves cramped and stuffy.
This does
not need to be so, Residential
property in Noida needs to be jumpstarted and new technologies on the
frontier of science can provide lucrative prospects that may lead to huge
inflows of investment into the suburb of Delhi. One such technology, widely
regarded as the next great frontier, is known today by many by the phrase “fast
charging batteries”. The development and sales of such batteries in the future
shall likely give birth to the next great startup which goes on to be listed on
a stock exchange with an initial public offering that will turn it’s investors
and founders into billionaires overnight. There has been a great deal of debate
in the recent past over the countries adoption of software development as an
engine of growth while neglecting the other side of the coin, namely the
hardware side of the business. Whereas the southern part of the country may
specialize in developing world class software, companies in regions of the
country such as Noida may steer their core competencies away from software to
concentrate on hardware instead.
A fresh take
on hardware by investors in India is likely to pay huge dividends and fast
charging batteries are very likely to be a winning bet simply because they are
so essential to the wide array of electronic gizmos which have been adopted by
society. As has been said “necessity is the mother of invention” and this shall
certainly prove to be true once such batteries permeate out smartphones and
mobile devices. With no shortage of space, builders in Noida may easily construct
a large research facility at which to create unique technologies that make it
to market. With as yet no shortage of skilled manpower and professionals in the
city with advanced degrees abundant, hiring quality staffers which likely live
in luxury apartments in Noida to work
on the “next big thing” should prove to be a breeze. No one should doubt the
tremendous potential of such a technology, the fulfillment of the goal of which
shall have wider ranging applications than even many today imagine. With self-driving
cars currently being developed by some of the biggest corporations in the
world, the company which successfully develops batteries which can be charged
in seconds shall likely find itself in a windfall once self-driving electric
cars become common.
The future
use of such self-driving cars is not meant only for the wealthy, rather the
intent is to reimagine the automobile and change the way people get from one
place to the other. Even those who can currently only afford to live in affordable
housing in Noida, if all goes according to plan, shall have their own self
driving car within a decade or two. Due to the emission of carbon dioxide by
automobiles which are fueled by hydrocarbons much of the environment is in
perilous danger, relegating new technologies only to the wealthy shall negate
the development of such technologies which are being created to greatly ease
the burden on the environment and hence must be widely distributed among the
world’s citizens.
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