Here's What Drives The Realty Market Of Sector 118 Noida
Sector 118-Noida is a fast-developing locality in the hottest housing hub of the National Capital Region. Strategically placed close to the FNG (Faridabad-Noida-Ghaziabad) Expressway, Sector 118 provides you with the right options a perfect contemporary living. The locality has garnered attention owing to its well-planned infrastructure, serene locales and an excellent connectivity. The micro-market here is mostly popular for numerous under-construction properties in Sector 118 Noida.
To understand the factors influencing its popularity, we take a tour of this promising realty destination:
The infrastructure
The region possesses the finest social and civic amenities, guaranteeing a comfortable lifestyle. This encompasses prominent schools, colleges, healthcare centres, shopping malls, bank branches, commercial complexes, eateries and retail outlets.
Corporate offices of companies like Adobe Systems, Tech Mahindra, Flex Factory and NTPC are nestled in the vicinity. Sector 118 boasts superior connectivity via two important routes, the FNG Corridor and National Highways 2 and 24. The DTC and UPSRTC bus networks provide the locality with a great road connectivity. The proposed extension of the Blueline of the Delhi Metro would further boost the regional connectivity.
The housing market
Sector 118 offers premium under-construction housing units built offering world-class standards, accompanied with luxury amenities. Beautiful themed projects undertaken by leading developers of the industry, including Supertech Limited and Ajnara India Ltd, add to the popularity of the location.
A look at some of the projects:
Supertech Romano: As the name suggests, the property is built as per Roman style, depicting classic arches and domes of the bygone era. The gated community spans over 17 acres, comprising a total of 1,872 units of 2 and 3 BHK apartments in Sector 118 Noida with sizes varying between 1,020 sq ft to 1,900 sq ft.
Ajnara Ambrosia: A stunning 18-acre project conceptualised with Spanish designs, Ambrosia presents 1,632 units of modern living spaces of 2 and 3 BHK configurations. The sizes range between 1,095 sq ft to 1,995 sq ft.
Price and future trends
You can find property in Sector 118 starting from Rs 43 lakh to up to Rs 1 crore. This implies that homes in this high-end Noida locality easily meet the budget preferences of average buyers. The prices are estimated shoot up in future.