Most popular localities in Noida

1. Most popular localities in Noida The housing market in Delhi NCR remains one of the most favoured across India. But, of all the regions in NCR, Noida has been at the centre stage, with many areas recording high transactions in the recent year. It is becoming more attractive with competitive pricing and upcoming projects like Jewar Airport and Film City. Here are some best localities in Noida discussed below. Localities in Noida with the highest traction Year-Over-Year Sector-151, Noida The affordable locality of Sector-151 remained the centre of attention for the investor community due to the availability of large land parcels. Located along the Noida-Greater Noida Expressway, the property prices in the sector increased by nearly 25 percent in the last three years and around 13 percent YoY. Sector-137, Noida Boasting an annual price growth of over ten percent, Sector 137 offers housing units in the ordinary to luxury housing segment. Proximity to commercial hubs like Express Trade Tower and Infospace, within a five-km radius, drives the rental demand in the area, which explains the yearly rental yield of almost five percent. Sector-120, Noida One of the premium localities that has made it to the list of the top-grossing localities in the past year is Sector-75 in Central Noida. The sector has seen an increased price of nearly 60 percent in the last five years and almost 30 percent annually. Builders like Apex Group, and Gardenia Group, among others, have added to the housing inventory of the sector. What makes it more attractive is the upcoming developments like the extension of the Aqua Line to Greater Noida West and the FNG Expressway at about eight km. Sector-134, Noida Offering large ready-to-move apartment units, Sector- 134 is a mid-segment locality. The sector has observed an annual price increase of around 20 percent, bringing the capital values to Rs 4,700 per sq ft. Further, the area enjoys closer space to commercial hubs in Sectors 132 and 134 within a five-km radius, which makes it a rental hub too. The sector also has the social infrastructure, like good schools and hospitals.

2. A metro station planned at Sector-91, just two km away, would also positively impact the market. Also, the Kalindi Kunj-Dankaur Expressway near the sector will help reduce vehicle congestion on Noida-Greater Noida Expressway, boosting the accessibility to Sector-134. Apart from the sectors mentioned above, Sectors 1, 76, and 82 are a few more areas that witnessed around 200 and more deal closures last year. Interestingly, while upcoming developments, connectivity, and proximity to employment zones motivated homebuyers’ decisions, ease of living and access to quality social infrastructure have also favoured it. As a result, it is expected that sectors with a locational advantage and favourable living conditions will continue to capture the people's attention in Noida.