Demand Picks Up In Noida Sectors

With excellent connectivity and new infrastructural developments in Sectors 44, 45, 46, and 47 of Noida, experts say that the demand graph for this area will be northward for quite some time to come.

0
70

Noida’s Sectors 44, 45, 46, and 47 are now some of the most sought-after real estate destinations in the Delhi NCR owing to world-class infrastructure and direct connectivity through Noida-Greater Noida Expressway, Yamuna Expressway and Dadri Surajpur Road, and easy access to Ghaziabad and East Delhi.

INFRASTRUCTURAL DEVELOPMENT

The region benefits mostly from ready infrastructure that it possesses. There are ample commercial set-ups supporting daily needs along with other basic amenities. The future scope of the region is very good due to the developments in the pipeline and the lower population density – less than 500 people per hectare – assigned in the Master Plan of Noida for this region.

There is ample social and civic infrastructure in the region with hospitals, schools, parks, etc. Further, connectivity is excellent through bus services and Metro routes in the vicinity. When one travels along the Dadri Main Road from Noida, Sectors 40, 41, 42, 43, 46, 47, 48, and 49 are visible on both sides, which have been developed as lowdensity zones so as to aid quality habitation.

These sectors have been planned very meticulously keeping in mind all the needs of the average homebuyer.

The Delhi Metro network connects the area to Delhi and beyond with Golf Course Station, Wave City Station, and Botanical Garden Station within a 5km radius. Sector 46 is surrounded by 3 major expressways – the Noida-Greater Noida Expressway, Yamuna Expressway, and the DND Flyway, which makes it easy for the residents to commute.

Manoj Gaur, MD of Gaursons India, says: “Dadri Main Road is the direct link between Noida and Surajpur Industrial area, moving forward to Dadri which houses the Inland Container Depot maintained by CCIL. In the future, when we have a fully developed DMIC, Dadri will be a key industrial hub in the region, which would raise demand for housing units. This will further drive the demand for housing in the whole area.”

Rakesh Yadav, chairman of Antriksh India, says: “The region lies in close proximity to Noida Special Economic Zone (NSEZ), which is a great employment generator in Noida; and, any major employment zone drives the demand for residential spaces. Thus, owing to pressing demand from end users, people are likely to invest in these regions for rental gains.” Why invest here Improving infrastructural developments here has raised the scope of further price appreciation. Price trends, especially in Sectors 44, 45, 46, and 47 indicate appreciation in the last one year, compared to many other localities here. The rental market here has grown, as the locality is well connected to the commercial hubs of the NCR.

Dinesh Jain, MD of Exotica Housing, says: “If buying a property is status symbol then buying a premium property is a symbol of aspiration. Sectors like 44, 45, 46, and 47 of Noida have limited premium housing societies, but they are still affordable compared to other regions.”

Realty scenario The real estate market here is rapidly developing and several housing complexes and independent houses have come up in these residential pockets. The popularity of this locality for is owing to its connectivity with other localities in the NCR, as well as easy accessibility from nearby localities.

A range of residential options are available in this locality like built-up apartments and independent houses. The affordable luxurious apartments in these sectors have attracted homebuyers in droves to this locality. Realtors say that prices here appreciated by nearly 21% in the last one year. Current property price range between Rs 4,700 and Rs 5,500 per sq ft, depending on the location.

There are a number of quality projects here like Assotech Celeste Tower, NDA Gulmohar Green, SDS NRI Residency, East Sapphire, Express Green, Stellar Greens, Shubhkamna Kartik Kunj, Prateek Stylome, IFI Green Avenue, Amrapali Sapphire, Gardenia Glory, Omaxe Royal Residency, among others. These projects offer well-constructed 2BHK and 3BHK apartments with all the basic amenities.

map

Comments

comments

Get More Of Real Estate

Subscribe to our mailing list and get interesting real estate stuff updates to your email inbox.

Thank you for subscribing.

Something went wrong.

Latest Price Performance of Indian Real Estate Companies Stocks

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Comment moderation is enabled. Your comment may take some time to appear.