Noida is a hub of residential real estate. The place has developed lately as a dream destination for NCR’s home buyers because it has something to offer to everyone with varied size pockets in every possible range.
If you have been planning to invest in the Noida real estate market, it is advisable to go for localities that have a better range of projects, good connectivity, good rental returns and potential of good returns in the future.
Owing to ongoing slowdown in sales, Noida is bearing a huge inventory of ready-to-move-in homes with an overhang of 52 months. The silver lining for a home buyer here is that he has an option of investing in an under-construction property as well as ready-to-move-in ones, depending upon his budget and purpose of investment.
Whatever be the case, here are five developing residential micro-market in Noida that you should consider for investment:
Sector 74, Noida:
Surrounded by Sector 117, Sector 76, Sector 77, Sector 78, Ambedkar City and Sector 100, Sector 74 has a range of projects both in ready-to-move-in and under-construction stage. This sector is apt for people working in Noida’s commercial hub Sector 62. The area is not very far away from Noida city centre metro station.
Sector 74 Noida has a total of eight projects with five under-construction and two in ready-to-move-in stage. The sector has an affordable housing project namely Supertech Capetown apart from other projects from the same builder.
Projects in Sector 74, Noida:
- Buildtech Anantham Homes (Ready-to-move-in)
- Supertech Capetown (Ready-to-move-in)
- Ajnara Grand Heritage (Under-Construction)
- Supertech Capeluxe (Under-Construction)
- Supertech ORB (Under-Construction)
- Supertech Northeye (Under-Construction)
- Supertech Neerajanil (Under-Construction
2. Sector 75, Noida:
With two metro stations of Noida Metro’s Aqua line and one of Delhi Metro’s Blue Line falling within the radius of three kilometers, connectivity is surely not an issue in Sector 75, Noida.
The Sector boasts of about 18 projects, including 16 ready to move in, and two under construction, in a wide range of budget from Rs 40 lakh and Rs 6.4 crore.
Projects in Sector 75, Noida:
- Panchsheel Pratishtha (Under-construction)
- Gardenia Gateway (Under-construction)
- Royal Avenue (Possession Started)
- Maxblis Grand Kingston (Possession Started)
- Apex Athena (Possession Started)
- Dasnac (Possession Started)
- Indosam (Possession Started)
3. Sector 77, Noida:
One of the newly developed areas in Noida, Sector 76 offers a wide range of options for rental home seekers as well as end-users. The Sector has both affordable as well as mid-segment homes apart from a few luxury projects. The Sector has about eight ready-to-move-in projects.
Main projects in Sector 77, Noida:
- The Antriksh Kanball 3G (possession started)
- Express Zenith (possession started)
- Antriksh Forest (possession started)
- Prateek Wisteria (possession started)
- AVP AVS Orchard (possession started)
4. Sector 120, Noida:
With all the amenities like malls, hospitals, schools and colleges lying within 4 km, this sector is apt for people seeking peaceful abode away from the traffic and hustle bustle of the main city. This sector also enjoys a close connectivity to FNG Expressway (Faridabad-Noida-Ghaziabad).
Main projects in Sector 120, Noida:
- RG Residency (possession started)
- Amrapali Zodiac (possession started)
- Prateek Laurel (possession started)
5. Sector 121, Noida:
Located on the Faridabad-Noida-Ghaziabad (FNG) Expressway, Sector 121 is one of the developing sectors that is expected to emerge as the top realty investment destination. The sector has a choice of property investment options in the form of both ready-to-move-in and under-construction ones.
Main projects in Sector 121, Noida:
- Cleo County (last phase under-construction)
- Levitate Dream Homez (under-construction)
- Whitney Green Residency (possession started)
- Resizone Krishna Arcade (possession started)
- Himalaya Homes (possession started)
Click here to know more about Noida real estate market.