Top Areas In Noida Extension For Investment

By Investoxpert | 17 Nov 2023 | Real Estate

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In the market for a house in 2023? There are several industries in Noida Extension Sectors to watch out for! It is now the neighborhood of choice for purchasers because of the reasonable property prices, easy access, and plenty of available housing. Here is a list of some of Noida Extension's top investment-worthy sectors for your consideration.

 

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Where To Invest In Noida Extension?

Noida Extension is growing at an exponential rate because of the availability of cheap homes, efficient public transportation, and current infrastructure developments. Strong demand for homes has been observed in the area, especially since the metro network extension, suggesting bright futures for the real estate market. Noida Extension has become a well-liked area for the introduction of new housing developments in recent years. 

 

In the past, investors were hesitant to purchase real estate in the Noida Extension areas due to concerns raised by a number of parties regarding the purchase of land for residential development. But after the Supreme Court denied these petitions, real estate values in the area suddenly skyrocketed.

 

The Noida Extension's Sectors 1, 4, 10, 16B, and Technopark Zone IV are now seeing strong buyer demand. Noida Extension is becoming a refuge for investors as home projects approach completion and infrastructure plans take materialize. These are the best places that are definitely worth visiting.

 

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Letโ€™s Have A Look At The Prime Locations:

  • Techzone IV, Noida Extension

One of the greatest areas in Noida Extension is Techzone IV. In addition to encouraging people to walk to work, the neighborhood is rapidly developing residentially to house the influx of IT experts. This area has seen the establishment of multiple IT parks, such as Steller IT Park and Airwil Intellicity, which are home to numerous prominent technological companies that employ thousands of people. The home values in this neighborhood have increased by more than 25% in the last year and by almost 60% during the previous five years.

 

The IT community based in Sectors 15 and 62, Noida, is drawn to this region due to its connections to other major commercial districts via the Delhi-Noida Direct Flyway (DND Flyway), Noida Expressway, and Sikanderabad Road. Over 90% of the residential stock in this area consists of apartments, with 2 BHK and 3 BHK units being the most popular layouts. The starting price for these units is Rs 7,000 per square foot.

 

  • Sector-4, Noida Extension

Sector-4 in Noida Extension or Greater Noida, which is well-positioned along the Taj Expressway, offers premium 2 BHK and 3 BHK apartments. Renters and buyers alike choose it because of the prominent hospitals, schools, and shopping centers that are close by. Demand has been increasing in this developing market, where typical prices are around Rs 6,000 per square foot. Over the past five years, housing values have increased by almost 30 percent. Here are a number of developers' housing projects available, such as ATS Group, Amrapali Group, and Gaurs Group.

 

Numerous impending projects will improve the local real estate market even further at the Best Sector In Noida Extension. Five kilometers separate it from the FNG Expressway, which, when finished, will shorten the distance to Faridabad. A projected commercial-retail area is situated in Sector-4 in Greater Noida. Moreover, Knowledge Park V and Central Noida will be connected to this area by a specific station on the proposed Aqua Line extension.

 

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  • Sector 16B, Noida Extension

Formerly well-known for the steel and rubber industries, this area is currently experiencing rapid growth in the real estate market. Sector 16C, which is adjacent, is likewise experiencing comparable real estate boom.

 

Due to the surrounding prestigious school district, there is a significant demand for 3 BHK homes in Sector 16B of Noida Extension from nuclear families consisting of three or four units. Because of the presence of prestigious educational institutions like Ryan International and SKS World School, Sector 16B is a great place for families to settle down.

 

Residential apartments in this area start at Rs 4,000 per square foot, which is significantly less expensive than in other developing Noida school districts like Sector 100 and other areas along the Noida-Greater Noida Expressway. The distance between this sector and Eco Tech-12 Station, a station on the future Aqua Line Metro expansion that would link Sector-51 to Knowledge Park V, is roughly 2 kilometers.

 

  • Sector 10, Noida Extension

This area is near to Noida Extension's starting point, Sector 121. This area has an abundance of excellent schools, hospitals, and shopping centers, as well as first-rate social infrastructure. Among the well-known schools in the area are Mother International, RK International, and Vidya World School. The Great India Place, Sab Mall, and Modi Mall are a few of the surrounding shopping locations.

 

Apartments in Sector 10, Noida Extension are offered in a range of price points and quality levels. For example, one project by Sikka Group is ideal for individuals seeking Vastu compliance and lush green open spaces, while another by Mahagun is a high-end luxury housing complex with a special focus on state-of-the-art amenities. Sector 10 is almost 14 kilometers away from New Noida, a metropolis under development. Here, apartments typically cost between Rs 7,300 and Rs 7,300 per square foot. Property values in the area have increased by an average of 40% throughout the past year.

 

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  • Sector 1, Noida Extension

In Noida Extension, this industry has been seeing the most demand for rentals. Because Sector 1 in Noida Extension is close to the IT Parks in Sectors 62 and 63, there is a high demand from IT professionals for rentals of 1 BHK and 2 BHK apartments. The rent for two-bedroom apartments ranges from Rs 16,000 to Rs 20,000 per month. In Sector-1, Greater Noida, the average property price is Rs 7,000 per square foot.

 

Sector 1, Noida Extension is the site of upcoming residential projects by the majority of prominent Noida developers. Reputable developers' under-construction projects are in high demand in the area. The most popular flats in this area for purchasers, who are primarily IT professionals employed in the surrounding commercial zones, are 2 BHK units.

 

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Greater Noida's Sector-1 is set to get a civic makeover by the authorities. There would also be more job opportunities in Techzone-4 thanks to the proposed commercial buildings. An underpass at Gaur Chowk is being built to relieve traffic at the intersection and facilitate movement in this direction.

 

Developers will probably prioritize finishing off ongoing home projects over starting new ones in the upcoming years. In addition to increasing housing demand, the completion of the Jewar airport and improved connectivity with the DND Expressway, FNG highway, and forthcoming metro projects are some of the factors that will drive higher house costs in 2023 and beyond.

 

List Of Top 10 Residential Projects In Noida Extension

  1. Palm Olymia
  2. Spring Elmas
  3. Arihant One
  4. Ace Aqua Casa
  5. CRC Joyous
  6. Trident Embassy Reso
  7. Express Astra
  8. Apex Alphabet
  9. Ska Divya Towers
  10. Irish Pearls

 

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Is Noida Extension Good For Investment?

Due to its proximity to established social and economic areas, Noida Extension is a popular investment destination. St. Thomas College is one of the many excellent schools located in Noida Extension. One of the greatest hospitals in this region is the Sharda Hospital and School of Dental Sciences.

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#noida extension sectors
# best sector in noida extension
# where to invest in noida

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