Top 5 Localities In Noida Where You Can Buy Your Dream Home
Planning to invest in the booming property market of Noida? Opt for localities which have the potential to serve you with good returns in the coming times and can also offer you good rental returns, too.
PropGuide lists five such localities in Noida you might want to look at for your future investments:
Livability score: 8.1
Average price: Rs 6,380 psf (per square foot)
An emerging area, Sector 121 is located along the Faridabad-Noida-Ghaziabad (FNG) Expressway. It is surrounded by some of Noida’s key commercial property markets, including Sector 62, Sector 63, Sector 68, Sector 71 and Sector 123. It is also located in proximity to Sector 52 and Sector 61 that enjoy Metro connectivity.
Property profile: Sector 121 has 11 projects up for sale. Of these, nine are ready to move in and two under construction.
Apartments in these projects could be found in 1BHK and 4BHK configurations.
Property costs ranges between Rs 18 lakh and Rs 1.75 crore.
Also read: How Jewar Airport Will Benefit Noida’s Under-Performing Realty
Sector 150Livability score: 7
Average price: Rs 4,673 psf
Located close to the Noida-Greater Noida Expressway, Sector 150 is a residential property market catering to those working in the commercial hubs, including Knowledge Park II and III, Sector 152, Sector 153 and Tech Zone. The locality has a well-developed social and civic infrastructure with ample educational institutions and leisure hubs. The locality also lies in proximity to Sector 148 and Knowledge Park II stations of the Noida Metro’s Aqua Line.
Property profile: There are 26 projects available for purchase here. Of these two are ready to move in, 19 are under construction and three are newly launched.
Apartments in these projects are available in 2BHK-6BHK configurations.
Price here range between Rs 54.58 lakh and Rs 3.79 crore.
Plots are also available for purchase in Sector 150, for a starting price of Rs 21 lakh.
Sector 75Livability score: 8.5
Average price: Rs 5,626 psf
Sector 75 is among the most well-connected localities in Noida. Sector 76 and Sector 50 stations on the Noida Metro’s Aqua Line and Sector 52 station on the Delhi Metro’s Blue Line are all located within the radius of three kilometres from this locality. The locality also lies in proximity to commercial hubs such as Sector 58, Sector 100, Sector 104, Sector 107, Sector 110 and Sector 113.
Property profile: Buyers can pick homes from 18 projects in Sector 75. Of these, 14 are ready to move in, and four under construction.
Apartments here are available in 1BHK-6BHK configurations.
Property prices here may vary between Rs 40 lakh and Rs 6.4 crore.
Sector 74Livability score: 8.2
Average price: Rs 6,490 psf
Average rates are quite this of this locality’s popularity. Not only does the locality offer premium property, it also offers good connectivity in a property market where public transportation is still a concern. The locality lies close to the two stations of the Noida Metro’s Aqua Line (Sector 50 & Sector 76) , connecting it to the key commercial hubs on the Noida-Greater Noida Expressway. The locality is also well-developed with a strong social and civic infrastructure, including ample educational institutions and healthcare centres.
Property profile: Sector 74 has only seven projects available for purchase. Of these, six are under construction and one is recently launched.
Apartments here are found in 1BHK and 6BHK configurations.
Rates may vary between Rs 52 lakh to Rs 7.5 crore.
Sector 78Livability score: 8.7
Average price: Rs 5,733
Sector 78 is another key residential property market for those working in Sector 58, 59, 62 and 64 and also, on the many commercial hubs along the Noida-Greater Noida Expressway. The locality offers a mix of affordable and premium properties and caters to homebuyers as well as renters both in the middle-income and high-income groups. Sector 78 also offers good connectivity through road as well as through Noida Metro’s Aqua Line. Sector 101 Metro Station lies just a km away from the locality.
Property profile: Sector 78 has a limited inventory of 11 projects, of which 10 are ready for possession.
From 1BHK to 5BHK, a buyer can find units in varying sizes.
Rates may vary between Rs 30.62 lakh to Rs 3.91 crore.
Other top localities that you can consider [2017]
Sector 22D, Yamuna ExpresswayThe Yamuna Expressway has been witnessing rapid commercial development and thus, job generation. This has led to the rise in demand for housing here. Moreover, for those looking for future investment in affordable properties, the Yamuna Expressway has become a one-stop destination with renowned developers offering nearing possession projects at competitive prices. Sector 22D is specifically becoming popular among investors. Close to the main road, the sector, at present, has 18 under-construction, four ready-to-move-in and two launching-soon projects. Another reason that has brought Sector 22D on the radar of the investors is the coming of 4,000 houses under the Yamuna Expressway Authority Scheme of Affordable Housing.
According to Proptiger data, the property prices here ranges from Rs 2,500-3,500 per sq ft. The prices have witnessed a seven per cent increase in past four years and may get a further boost because of the much-anticipated Jewar Airport.
Sector 25, Yamuna ExpresswayAnother sector that has emerged as a potential real estate destination on the Yamuna Expressway is Sector 25. Given its proximity to the Sports City, the locality is among the poshest in the area. Moreover, a part of this sector is authorised as a special economic zone (SEZ) , too, which is a major attraction for multinational companies (MNCs) looking for setting up a large office at a cheaper price. This is one of the main reason, Sector 25 Yamuna Expressway properties are ideal for earning best rental returns. Few projects here are ready to move and have almost 40 per cent possession. The majority of these tenants are either employed in the SEZ or are studying in the educational institutions nearby. According to Proptiger data, there are over 18 under-construction and nine ready-to-move-in projects available for buyers. Its proximity to the main road is the key highlight of this area. Currently, the prices here vary from Rs 3,200-3,800 per sq ft and have witnessed a sharp increase of 8.5 per cent in past four years.
Sector 76, 77, 78 (Noida)Sector 76, 77, and 78 of Noida are some of the newly developed areas here and have a number of new projects on offer. Located close to the City Centre of Noida, Sector 76 offers options for rental home seekers as well as end-users. While the old sectors of Noida lack amenities and personalised open spaces, the projects here have ample green spread along with gymnasiums, recreational and parking facility within the compound. The security arrangements are done keeping in mind the requirement of young couples. These are the first few areas in Noida where apartment culture gained popularity. The homes here are well-furnished and come with modern interiors that appeal to the young working class.
The connectivity here will soon improve as the Noida City Centre Metro that will be extended to Noida Extension and Greater Noida will run through these sectors. This will boost the connectivity between the extended areas of Noida to key areas of the national capital and also to other NCR localities.
According to Proptiger data, the property prices here range from Rs 4,000-5,500 per sq ft. The average price appreciation in past four years has been five per cent in these areas. Sector 76, which faces crisis like water logging and open waste disposal, has the lowest prices when compared to other nearby localities of Noida.