Top Four booming areas in Noida in 2022.
Buyers are now focused on residential buildings in Noida due to restricted selections and excessive housing costs in Delhi and Gurgaon. Loads of options, affordability, and consistent price gains have allowed the economy to do well in comparison to other locations. We discuss the top four rising sites in Noida that promise a wide range of residential options and robust price rises.
Noida Sector 49
Sector 49 in Noida is carefully placed near Dadri Main Road and provides autonomous houses and builder floors. There are also society flats accessible, with 2 BHKs being the most popular. The average property price in this city is roughly Rs 3,200 per square foot, with a 33 percent yearly growth rate. It is a prominent housing centre in the region immediately adjacent to Sector 76 Metro Station on the Noida Metro Line (3 km) and Wave City Centre (5 km) on the Delhi Metro Blue Line, as well as easy access to job centres like as ETT and NSEZ.
Noida, Sector 119
Sector 119 is supported by solid infrastructure and connectivity via the Faridabad-Noida-Ghaziabad Expressway (FNG Expressway), providing easy access to business centres in Noida such as Sectors 62, 63, 18, and TechZone 4. The area is made up of finished and under-construction residential societies that provide multi-storey flats starting at Rs 5,300 per square foot. The area’s prices increased by around 5% year on year. “Sector 119 is a rising area with strong investment potential due to its closeness to the forthcoming Jewar International Airport through Yamuna Expressway,” says Pushpendra Kumar, Proprietor, Realty Bytes, Noida.
Noida, Sector 120
Sector 120 is one of Noida’s most exciting regions, with a high proportion of ready houses. Most house constructions have three bedrooms and are priced at Rs 5,500 per square foot. Furthermore, many residential societies in the area provide grocery stores, pharmacies, salons, stationery, cafes, and dairy alternatives, which adds to residents’ convenience. The annual rental yield in the neighbourhood is 2% as of Q1 2022, while the yearly price rise is roughly 4%.
Sumit Kumar, a resident, observed that the sector is progressively increasing and has a “satisfying means of transportation,” “ample stores nearby,” and “a safe atmosphere.”
Noida, Sector 151
Sector 151 is a new residential area with multi-story flats starting at Rs 4,000 per square foot. Home prices in this area have risen by more than 14% year on year. The region is located along the Noida-Greater Noida Expressway, and the Sector 148 Aqua Metro Line station is around eight kilometres away. The monthly rent in the neighbourhood is roughly Rs 8,000.
“With an abundance of planned developments and inexpensive land parcels varying from Rs 28,000 to 40,000 per sq yard, Sector 151 is a big draw for investors.”
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