Part of the NCR region, Noida (New Okhla Industrial Development Authority) is a meticulously planned city that has seen a swift rise in recent decades. Originally planned as an industrial township, it has over 163 sectors that now feature residential, warehousing, & commercial areas.
The city is strategically located, affording easy access to Delhi and Gurgaon. A network of roads, highways, rail lines and metro lines ensure seamless inter and intra city..
ity connectivity A few major routes here are Delhi-Noida Direct Flyway, Yamuna Expressway, & Noida Aqua LineThe upcoming Jewar Airport, is primed to be one of the biggest airports in India and set to transform the future of Noida
The city is also home to numerous IT parks, manufacturing units, and power companies that offer good job opportunities The social infrastructure is reputed as well, with the finest education, healthcare, entertainment malls, and numerous green parks scattered across the cityAnother factor that stands out is that the city offers more affordable housing options, when compared to Delhi and Gurgaon
This, along with a good quality of life has led to a rise in residential properties in Noida Investing in the right projects here could lead to good returns, especially after the completion of the Jewar Airport[ View More ]As per a Knight Frank report, Noida contributed around 14% share in the residential sales of the NCR region in the 2nd half of 2022. This share is set to rise in the future with better government initiatives and the construction of the Jewar International Airport.
Furthermore, the residenti..
ntial demand is high in localities along the Noida-Greater Noida Expressway, as it offers good inter-city connectivity and access to numerous commercial parks Central Noida is another popular option for good housing As more IT parks open here, there could be a rise in appreciation in the rental rates hereConfiguration-wise, the demand is high for mid-segment 2 and 3 BHK units
Buyers also tend to prefer ready-to-move-in flats in Noida, with carpet prices that range on average of 5000 to 7,500 per sqftAs per another report by Cushman & Wakefield, Noida saw one of the biggest property price hikes in 2022 amid micro-markets in popular cities
It saw a fabulous price rise of 22%, which includes properties in both the mid-segment and luxury sector Overall, this shows that the Noida real estate market has immense potential for home buyers today[ View More ]Sectors 50, 62, 74, 78, 79, 137, & 150 are some of the top residential areas in Noida.
Yes, It is good for investment as properties in Noida have recorded an increasing price appreciation in recent years. The presence of good commute routes, power companies, IT parks, manufacturing firms, and good social infrastructure has increased the investment potential here.
Sector 49, 73, 117, 151, & 137 are a few affordable localities in Noida.
Plots are quite popular in Noida, and Central Noida (Sectors 1 to 122) features a large number of residential and industrial plots by the Noida development authority.
Below are a few properties in Noida that offer luxury flats -
Godrej Woods, Sector 43
County 107, Sector 107
ATS Knightbridge, Sector 124
Jaypee Greens Boomerang Residences, Sector 128
Sectors 44, 47, 22, 75, 76, 39, 137, and 150 are a few localities that are considered good for property investment in Noida.
A few affordable projects with flats for sale in Noida are -
Godrej Nest, Sector 150
Paras Tiera, Sector 137
Gaur City 2 14th Avenue, Noida Extension
A few projects that are offering ready to move in flats in Noida are -
ATS Tourmaline, Sector 109
Jaypee Greens Kalypso Court, Sector 128
Eldeco Edge, Sector 119
ATS Pristine, Sector 150
A few properties that offer good 2 BHK flats in Noida are -
Godrej Palm Retreat, Sector 150
Mahagun Mirabella, Sector 79
Unitech The Residences, Sector 117
Jaypee Greens Knight's Court, Sector Sector 128
A few projects with luxury 3 BHK flats in Noida are -
Godrej Woods, Sector 43
Kalpataru Vista, Sector 128
ATS Le Grandiose, Sector 150
Unitech Exquisite, Sector 117