Noida has seen rapid development in the last decade and has evolved into an industrial and residential hub. While the city came into existence back in 1976, the last few years have seen Noida grow into one of India’s prime residential markets. If you are planning to invest or move into this premium metropolis, here are ideal localities for you to invest in.
The development in this sector has given rise to increased demand for housing. In fact, if you are looking for affordable options it offers many opportunities. Located close to the main road and having about 18 under-construction projects, 4 ready projects and several other upcoming ones, this area is sure to bloom into a thriving residential location. According to real estate experts property prices have been on the rise here and will continue to increase courtesy of the new airport that’s on the anvil.
Greater Noida Expressway
The areas surrounding the Greater Noida Expressway are gaining traction due to the easy connectivity. On this stretch you can look into Sectors 94, 107, 124, 128, 137, 143, 150 and 168. At present this area offers good housing at affordable rates that are likely to inch higher as infrastructural projects pertaining to flyovers, metro lines and underpasses improve. One project that stands out is ATS Pristine which provides its residents with luxurious homes, excellent architecture, good amenities and soothing open spaces.
Sector 76, 77 and 78
Sectors 76, 77 and 78 boast of a number of new projects. Located close to the city centre of Noida, these sectors offer various options if you are looking to buy a home and are popular amongst renters too. This makes it an area worth considering if you’re expecting rental income. The developments in these sectors have resulted in large open spaces and green cover along with good amenities such as gymnasiums, parking areas, security and recreational facilities. One of Noida’s older localities, these sectors offer well-furnished homes for young professionals. In the near future connectivity is expected to improve as Noida City Centre Metro will extend to Noida Extension and will run through these areas.
Another great investment opportunity presents itself in the form of Sector 25 which is located close to the Sports City. This makes this sector the most up-scale of the lot. Moreover, Sector 25 is part of an area that is earmarked as a Special Economic Zone. The SEZ is attracting multi-national companies who are looking for large spaces at low rentals. In fact, 40% of all complete projects are occupied. However, with international companies setting up shop here you can be assured that the demand for housing will only go up.
Noida Extension or Greater Noida West is a developed part of the region replete with shopping malls, townships as well as commercial spaces. The area has seen a lot of interest from renowned developers, which further enhances its value. Adding to the appeal of flats in Noida Extension is that fact that they offer excellent connectivity which is likely to improve further with expansion of the metro network.
So whether it is a flat in Noida Extension or one in Sector 25, make investing in a property easier with a home loan by Bajaj Housing Finance Limited. Here you can get help with not only with finding the ideal home and getting in-person assistance on site visits, but also with documentation and procuring a home loan.