Expert Advice for First-time Homebuyers in Noida

Noida, a well-planned city in Uttar Pradesh, has emerged as a sought-after residential hub due to its continuously improving infrastructure, which includes expressways, metro connectivity, and a planned international airport. Additionally, it offers reasonable home prices, which makes it an attractive option to invest in Noida compared to nearby Delhi. We will also explain emerging areas with potential for development. These areas offer options for cost-conscious investors.

Residential projects in Noida cater to diverse demographics with:

• Affluent neighbourhoods with various amenities.
• Numerous parks, shopping centres, educational institutions, and healthcare facilities.
• High investment potential due to continuous infrastructural development.

Why consider buying property in Noida

Here are some of the best reasons to consider buying property in Noida:

1. Well-connected

The government is actively improving connectivity between Noida and:

• Delhi
• Gurgaon
• Faridabad
• Ghaziabad
• The Delhi-Noida Direct Time-Saver Flyway links Noida and Delhi.
• The Noida Metro connects the city to Delhi and Gurgaon.
• The Noida Metro Aqua line connects Noida with Greater Noida and other sectors.

2. Diverse shopping options

Local markets like Atta, Brahmaputra, and Savitri offer a variety of items at affordable prices. Upscale malls like DLF Mall of India, The Great India Place, and Gardens Galleria Mall cater to high-end shopping needs.

3. Thriving employment hub

• Noida is home to several multinational corporations and startups, making it a major commercial centre.
• It is India's largest smartphone manufacturing hub and fourth-largest IT-BPO hub.
• Some prominent companies include EXL Service Holdings, Adobe Systems India, and Rockwell Automation.

4. Well-planned city with green spaces

• Noida is known for its spacious roads and well-maintained parks like Rashtriya Dalit Prerna Sthal and Meghdootam Park.
• Numerous reputed schools, colleges, and universities are located in the city.
• World-class medical institutions like Apollo Hospital and Jaypee Hospital provide healthcare services.

5. Jewar Airport coming soon

This upcoming airport, expected to be completed in 2024, is located just 13 kilometres from Noida.

• Improved connectivity is anticipated to increase property values.
• Noida offers a variety of residential options at different price points:
• Multi-story apartments
• Independent houses
• Builder floors

Areas to invest in Noida

Here are some popular locations for property investment in Noida:

• Sector 119: Offers a mix of completed and under-construction projects with good connectivity.
• Sector 151: An expanding residential area with affordable multi-story apartments.
• Sector 129: Offers 2 and 3-bedroom options at reasonable prices and enjoys good rental yields.
• Sector 70: Features independent houses, apartments, and good rental demand.
• Sector 49: Offers independent houses, builder floors, and good connectivity.
• Sector 120: Provides ready-to-move apartments with basic amenities.
• Sector 134: Witnessing rapid development with high-rise apartments.
• Sector 168: A fast-growing area offering multi-story apartments.
• Sector 75: One of Noida's newest and fastest-growing real estate markets.
• Sector 110: Primarily resale units with good rental yields.

The final word

By carefully considering your preferences and conducting thorough research, you can choose the ideal location to build your dream investment in Noida. Remember, consulting with a real estate expert can offer valuable guidance throughout the process. All these tips will help you choose the best property to invest in Noida.