Bricksnwall Trusted Experts
Looking to buy a home in 2024? Noida Extension
Sectors has a number of enterprises to be aware of! Due to the affordable real
estate costs, convenient location, and abundance of available housing, it has
become the preferred neighbourhood for buyers. For your consideration, abelow
is a list of some of Noida Extension's most lucrative industries.
Where Can I Invest in Extension in Noida?
Due to affordable housing, effective public transit, and recent infrastructure advancements, Noida Extension is expanding at an exponential rate. Particularly with the extension of the metro network, there has been a strong demand for residences in the area, indicating promising prospects for the real estate market. In recent years, Noida Extension has gained popularity as a location for new housing constructions.
In the past, a number of parties' concerns about
the purchase of land for residential construction made investors reluctant to
buy real estate in the Noida Extension areas. However, the area's real estate
values abruptly increased after the Supreme Court rejected these petitions.
Buyer demand is now high in Technopark Zone IV, Sectors 1, 4, 10, and 16B of the Noida Extension. As residential complexes near completion and infrastructure plans come to fruition, Noida Extension is turning into a haven for investors. These are the top destinations that are unquestionably worthwhile.
Now let's examine the prime locations:
Techzone IV, Extension of Noida
Techzone IV is one of Noida Extension's best
locations. In addition to promoting walking to work, the area is fast growing
as a residential area to accommodate the surge of IT professionals. Numerous IT
parks, including Steller IT Park and Airwil Intellicity, have been established
in this area. These parks are home to a number of well-known technology
companies that employ thousands of people. Over the past year, the
neighborhood's property prices have risen by over 25%, and over the prior five
years, they have soared by about 60%.
Because of its links to other important business
districts through the Delhi-Noida Direct Flyway (DND Flyway), Noida Motorway,
and Sikanderabad Road, the IT community situated in Sectors 15 and 62, Noida,
is lured to this area. Apartments make up more than 90% of the area's
residential stock, with 2 and 3 BHK units being the most common layouts. These
apartments start at Rs 7,000 per square foot.
Noida Extension's Sector 4
Premium 2 BHK and 3 BHK apartments are available in
Sector-4, Noida Extension or Greater Noida, which is conveniently located along
the Taj Motorway. Its proximity to well-known hospitals, schools, and shopping
malls makes it a popular choice for both purchasers and
renters. In this emerging sector, where average
prices hover around Rs 6,000 per square foot, demand has been rising. Housing
values have risen by over 30 percent in the last five years. These are some of
the housing developments that developers like ATS Group, Amrapali Group, and
Gaurs Group have offered.
At the Best Sector In Noida Extension, a number of
upcoming projects will further enhance the local real estate market. It is five
kilometres away from the FNG Motorway, which will reduce the trip to Faridabad
once it is completed. Sector-4 in Greater Noida is home to a planned
commercial-retail district. Additionally, a dedicated station on the projected
Aqua Line extension will connect this region to Knowledge Park V and Central
Noida.
Sector 16B, Extension of Noida
This region was formerly well-known for its rubber and steel industries, but the real estate market is currently expanding quickly. The next sector, 16C, is also seeing a similar real estate boom.
Nuclear families with three or four units have a
high demand for 3 BHK homes in Sector 16B in Noida Extension because of the
nearby prestigious school district. Families find Sector 16B to be an excellent
area to settle down because of the presence of esteemed educational
institutions like Ryan International and SKS World School.
Compared to other developing Noida school districts
like Sector 100 and other locations along the Noida-Greater Noida Motorway,
residential apartments in this neighbourhood start at Rs 4,000 per square foot,
which is far less expensive. This sector is around two kilometres away from Eco
Tech-12 Station, a station on the proposed Aqua Line Metro expansion that will
connect Sector-51 to Knowledge Park V.
Noida Extension, Sector 10
This region is close to Sector 121, the beginning
point of the Noida Extension. This neighbourhood boasts first-rate social
infrastructure, as well as a large number of first-rate schools, hospitals, and
shopping malls. Mother International, RK International, and Vidya World School
are some of the renowned educational institutions in the region. Among the
nearby retail destinations are Modi Mall, Sab Mall, and Great India Place.
A variety of price points and quality levels are available for apartments in Sector 10, Noida Extension. For instance, the Sikka Group's project is perfect for people looking for Vastu compliance and expansive green areas, whereas Mahagun's project is a high-end luxury housing complex that places a specific emphasis on cutting-edge amenities. New Noida, a developing metropolis, is around 14 kilometres from Sector 10. The average price of an apartment here is between Rs 7,300 and Rs 7,300 per square foot. Over the past year, local property values have risen by an average of 40%.
Noida Extension, Sector 1
The greatest demand for rentals has been observed in this sector in Noida Extension. Due to its proximity to the IT Parks in Sectors 62 and 63, Sector 1 in Noida Extension has a high demand for 1 BHK and 2 BHK flat rentals from IT professionals. Two-bedroom apartments cost between Rs 16,000 and Rs 20,000 a month in rent. The average cost of real estate in Sector-1, Greater Noida, is Rs 7,000 per square foot.
The bulk of well-known Noida developers are planning residential developments in Sector 1, Noida Extension. The neighbourhood has a significant demand for under-construction projects from reputable developers. The most sought-after apartments in this neighbourhood for buyers,who work in the nearby commercial zones and are mostly IT professionals, are two-bedroom apartments.
List Of Top 10 Residential Projects In Noida Extension
Palm Olymia
Spring Elmas
Arihant One
Ace Aqua Casa
CRC Joyous
Trident Embassy Reso
Express Astra
Panchsheel green 2
Rg Luxury
Irish Pearls
Is it wise to invest in Noida Extension?
Noida Extension's close proximity to
well-established social and economic districts makes it a desirable place to
invest. Among the many top-notch institutions in Noida Extension is St. Thomas
College. In this area, the Sharda Hospital and School of Dental Sciences is
among the best hospitals.