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What Will Be The Best Residential Location In Noida in 2022

Admin 04 Jan 2022 707 Views
Advice

Noida is one of the most important zones of the National Capital Region or NCR. There are lots of best properties in Noida and It is fastly becoming a real estate haven for buyers as well as for sellers. The great infrastructure of the city and greenery all around, like health with a lot of medical care centres, multiplexes, schools, colleges, universities, malls, shopping complexes, and excellent connectivity make it a perfect location to buy a flat in Noida. If you are not getting genuine properties and sellers and grinding it is hard to decide the best one for you. Then you may connect with HONESTBROKER and take help to find one for you and settle down here. There are normally genuine buyers and brokers, who help buyers to search for the best property in Noida at prime locations. Noida or New Okhla industrial development authority is a part of the state of Uttar Pradesh. The city has a separate administrative zone, and functions as a separate district. It is spread across around 203.16 square km and has good connectivity with Delhi. Around  50% of its half a million people daily commute to Delhi, entirely for the purpose of work. If you want to buy flats in Noida, you should know that some of the most reputed builders of the country have chosen Noida as a place for their prestigious commercial and residential projects. Here you will find the premium projects, that offer a broad range of modern amenities and a chance to live an urban-advanced lifestyle. 

6 Most Accessible Residential Locations In Noida In 2022

  1. Many people like to buy flats in Noida as a perfect location. And they can always keep their family happy with their decision and enjoy life to the fullest. Now no reason to worry, as HONESTBROKER is available in almost every city. You can connect with them and surely find some good property details, where you feel comfortable to shift with your family. The important thing about the city, that it enjoys a great location, as it is settled close to Ghaziabad, Delhi, and Faridabad. It is also a part of the government’s progressive planning of 13500 acres and till now 1200 acres have been completed. 
  2. Sector-150, Noida:-    Being located on the Noida-Greater Noida Expressway. The best property in Noida in Sector-150 is available for those who search for an independent house in Noida. It is the most chosen hotspot among home buyers and investors. Social infrastructure includes parks and recreation avenues. In terms of connectivity, the locality lies around the  Yamuna Expressway, Eastern Peripheral Expressway, and Faridabad-Noida-Ghaziabad (FNG) Expressway. It provides great access to other areas through buses, metro, and private cabs. After the inauguration of the Aqua Metro line (the nearest station located at a distance of about 2-3 km). The demand for an independent house for sale in Noida has increased manifold.  According to the honestbroker, in a report that the property prices have seen an increase of around 6% for the April-June quarter in 2020. Some of the important builders operating in Sector 150 include Omaxe, ATS Group, Godrej, and Bhutani. In addition, the presence of reputed educational institutions, corporate offices, and an F1 racing track makes the region suitable for investment. Currently, the average property cost in Sector-150 of Noida is around Rs 5,300-6,000/ SqFt.
  3. Noida Expressway (Sector-142-149):-    When we talk about real estate property. Sector-142 and Sector-149 are in high demand for apartments/ flats for sale in  Noida. These are also considered as one of the most peaceful and fastest emerging micro-markets that connect Greater Noida to other areas of Delhi via the Noida Expressway.  Realty experts and users give significant importance to this location, as this place is the hub of several IT and financial companies like Global Logic, Indiamart, Xaviant, NTT Data, and institutions like Amity. The Aqua Line Metro expansion has boosted the demand for an independent house for sale in Noida and villas in Noida too. The sector offers a healthy investment potential. The state government is exploring avenues to develop a financial hub on the lines of Gujarat International Finance Tec-City (GIFT) between Sectors 142 and 149. Once operational, investors can expect to earn a good rental income from here in the future. As per the honestbroker, reported for July-September 2020, the property price in Sector 143 B Noida is around Rs 4,700 per sq ft.
  4. Sector 118-122, Noida:-      It is situated close to the FNG Expressway and NH-24. The belt between Sector 118-122, Noida is emerging as a preferred option for investment due to the availability of many new residential projects, this further adds the chance to find the best property in Noida. Once regarded as an isolated locality, it now offers ready-to-move-in as well as under-construction premium residential projects for the mid-segment to luxury category. Kothi for sale in Noida sectors offers 1,2,3 and 4 BHK apartments in Noida along with many approved residential plots. Its proximity to the IT Business Park in Sector-62, where companies such as TCS, IBM, Nokia, Tech Mahindra, and HCL are operational is making it a hot location. You will find other entertainment options such as Logix City Centre, Gaur City Mall, etc. The state government approval of the Noida-Greater Noida West Metro expansion plan and fast execution has also made this location a preferred choice. The complete expansion is expected to be commissioned by 2022 and has boosted realty sentiment in Noida and Noida Extension.
  5. Central Noida (Sector-74-78):-     By offering many high-end to ultra-luxury villas in Noida, this patch is considered to be the fastest urbanization zone of Noida. Developers’ focus on open, well-ventilated, and wide apartments are attracting the attention of investors and have impacted the demand for an independent house for sale in Noida in recent times. Another major growth reason is due to the functioning of Noida City Centre, Noida Special Economic Zone (NSEZ), and commercial hub in Sector 50, 51, and 34, which is providing employment opportunities to working professionals. 
  6. Sector - 100, 135, 137: -    The growing social, civic and physical infrastructure has enriched the housing demand for flats for sale in Noida in these sectors in the last year. Commercial office space absorption has accelerated with many multinational firms opening their offices in nearby locations. Some of the major employers in this sector are Genpact, KPMG, Sify, Matrix, Oracle, InfoEdge, Indiamart, and IBM, among others. Property investment in these areas is supported by strong rental demand for a villa in Noida. While Sector 100 is well occupied, Sectors 135 and 137 still have several projects and the best property in Noida with many vacant inventories. Thus this provides a healthy scope for buyers to negotiate the best price.

Affordable Housing Opportunities in Noida Extension In 2022

The price in the city goes from around 3000 to 4500 per Sqft. It depends upon the construction status and other factors like location and amenities, you may get a decent 2 BHK apartment in Noida starting from 40 Lacs onwards.

3 BHK apartments in Noida from 50- 55 Lakh onwards.

4 BHK apartments in Noida from 90-95 Lakh onwards.

Fair & reasonable prices along with a good competition to the best residential areas in Delhi NCR is making it a choice. These kinds of facilities are hard to get anywhere at this rate. You may use the HonestBroker website to find the best deals for you.

Growing Job Opportunities In Noida 2022

In the current situation, there are a lot of job opportunities in Noida Extension. A huge number of ITES and IT offices have stepped into the city and many big companies are opening up too. Thus there is an increment in job opportunities and residential demand in the location. After the construction of Jewar Airport, all the MNCs will have an option to settle in the city and it will increase job opportunities a lot. On another side, there’s a knowledge park in the city’s West and the Formula 1 track on Yamuna Expressway has attracted a lot of attention among the buyers and investors.

Return on Investment In Noida Real Estate

Greater Noida West city is expected to offer a pretty decent ROI according to the kind of developments that are happening in the region. Currently, there is enough difference in the prices at the neighbouring cities. However, with the advised infrastructure and Government initiatives, this gap is going to reduce sharply over the next few years. It may be the best time to invest in Greater Noida West as the price of the real estate market shall go up in near future.

Noida Is Best For Business and Economy In 2022

It has seen rapid growth in Noida’s infrastructure in the past two decades. Nowadays, it is determined to be the education and software hub of north India. It is highly acclaimed for its business sector. Where the special fraction of business is concentrated in the software, IT and manufacturing industries. There is quite a rich portion for the ever-increasing BPOs and a very large number of MNCs (Multinational corporations) are now based in the city.

There are some of the most famous companies that make their presence in the development of all sectors and contributing their pie in the growth of the city,  includes

  • HCL
  • Gas Authority of India Limited
  • Tata Powers
  • Samsung
  • Religare
  • Dell
  • IBM
  • Ericsson
  • Indian Oil Corporation
  • Tech Mahindra
  • Headstrong
  • Adobe
  • Wipro
  • Accenture
  • T-series
  • New Holland
  • Perot Systems
  • NTPC  etc.


Top 10 Residential Areas in Noida & Their prices

Location

Property prices/sq ft

Average rent

Sector 150

Rs 5,120

Rs 19,433

Sector 49

Rs 3,003

Rs 15,992

Sector 137

Rs 4,603

Rs 16,295

Sector 143

Rs 4,708

Rs 13,979

Sector 121

Rs 5,114

Rs 26,770

Sector 73

Rs 2,787

Rs 10,176

Sector 79

Rs 5,351

Rs 22,399

Sector 50

Rs 8,506

Rs 22,016

Sector 144

Rs 4,921

Rs 17,731

Sector 128

Rs 6,360

Rs 21,000

7 Famous Commercial Properties In Noida

  • Alphathum, Sector 90
  • Advent Nivas, Sector 142 Bhutani Cyberthum
  • Spectrum Metro, Sector 75 
  • Thum Business Park, Sector 62
  • The Corenthum, Sector 62
  • World Trade Tower, Sector 16
  • Iconic Corenthum, Sector 62

When any person wants to buy a house in a prime location, his biggest problem remains how to find a good house. In this world of investing, we think one should first find an Honest Broker in the location of their interest. You may post your requirement in Honest Broker to get a fair and discounted deal for big projects. HonestBroker is an online platform where buyers, sellers, and Reputed brokers find each other. They promote fair dealing and offer maximum discounts to buyers. Not only this, if you want to sell your house, then you can post your free ad on this portal without any worrying. If you want a house for rent too, you can easily get it similarly. 

Thanks for reading this content.

About Author

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Jatin Dubey

An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.

An enthusiastic content writer who is a law graduate and has been working as Real Estate Consultant for around 9 years.
He has worked with top Real Estate Agencies and Builders in Delhi, Bangalore and Pune. His skills to perform market analysis and explore high potential localities has helped many clients in the past.