Everything You Need to Know to Buy Property in Noida

Noida is a well-planned metropolis in Uttar Pradesh that is part of the Delhi metropolitan area. After COVID-19, Noida has become one of the most sought-after residential hubs in the NCR due to its continuously improving infrastructure, planned international airport, and reasonable home prices. The availability of options in sparsely inhabited emerging areas has enticed home buyers and expedited their purchase decisions. The most significant benefit of relocating to an expanding location is that prices are comparatively low, and the potential for gain is vital due to infrastructure development. There are numerous affluent neighbourhoods in Noida replete with various services and amenities for all demographics, including families, professionals, and students. Numerous parks, contemporary commercial centres and complexes, educational institutions, and healthcare organisations are located in Noida. Noida is the place to purchase the property if you want to live in a neighbourhood with high investment potential and a more significant presence of vegetation. Here is a list of the best places to buy property in Noida.

Best Reasons to Invest in Real Estate in Noida and Greater Noida 

Due to various variables, Delhi NCR is one of India's fastest-growing regions, including a massive amount of high-paying white-collar employment and world-class infrastructural facilities. With Delhi's real estate prices reaching astronomical heights, you must buy in the neighbouring city of Noida. 

1. Noida's streamlined Interconnectivity

The government is putting a lot of effort into improving Noida's connectivity to Delhi, as well as neighbouring NCR areas like Gurgaon, Faridabad and Ghaziabad. Other cities are also being connected as more and more people look interested to buy a property in Noida and settle down there. 

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• Noida and Delhi have good connectivity thanks to the Delhi–Noida Direct Time-Saver Flyway. 
• The Noida Electronic City station marks the beginning of the blue line of the Delhi Metro. Stations such as Noida Sector 52 (Nasirpur Electronic City), Noida City Center (Nasirpur Electronic City), Botanical Garden (Nasirpur Electronic City), Sector 16, and finally Dwarka Sector 21 are included in its coverage area (Dwarka Sector 21). 
• In addition, if you are travelling on the Noida Metro Aqua line, you can transfer from the Sector 52 metro station to the Noida Metro Aqua line's station in Sector 51.

Noida's Metro Aqua line connects with the Greater Noida metro system via several Noida sectors such as 50 and 76, as well as NSEZ (81), 83, 137, 145, 146, 147, 148. 

• You can get from Noida to Gurgaon and Faridabad in under two hours by metro, thanks to frequent service. 
• Nizamuddin Railway Station is 18.1 kilometres from Noida, while Ghaziabad Railway Station is 19.4 kilometres away. Buddh International F1 Circuit is 32.8 kilometres away.

2. Hubs for Retail Trade in Noida 

Noida boasts a wide variety of shopping choices, including local markets and upscale complexes. A wide variety of clothing, accessories, footwear, home décor, and other items may be purchased at low prices at local markets like Atta, Brahmaputra, Savitri, Indira, and more. Many street food alternatives are available for you to sample. 

Movie theatres, fine dining restaurants, nightclubs, and high-end apparel, footwear, and gadget stores can be found in many well-known shopping malls, such as Gaur City Mall, the Mall of India, Wave Mall, The Great India Place, the Spice World Mall, Gardens Galleria Mall, and Tulip Mall.

3. Employer Concentrations in Noida 

Noida, India's commercial capital, is home to several well-known commercial buildings. Several commercial districts in Delhi are home to significant news outlets as well as multinational corporations, start-ups, and established Indian businesses. Noida has also grown to be India's largest smartphone manufacturing facility and the country's fourth-largest IT-BPO hub. 

Companies such as EXL Service Holdings, Adobe Systems India and Rockwell Automation are some of Noida's most prominent multinational corporations (MNCs). 

Noida is also home to some of India's most extensive IT setups from top businesses like Tata Consultancy Services and NIIT Technologies, as well as Microsoft and other well-known names like Oracle and Adobe. 

The Times of India, Everest Industries Ltd, Dish TV India Ltd, Jubilant Food Works, Paytm, Havells India Ltd, and Info Edge India Ltd are just a few of the significant Indian enterprises based in Noida.

4. A City Planned and Designed with Spacious Roads and Trees

• Numerous well-known schools, including DPS, Kothari Public School (GIIS), and GD Goenka Global School, along with some of the best colleges in the country, such as Amity University and Jaypee Institute, are located in the Noida metropolitan area. 

• Noida is home to numerous world-class medical institutions, including Apollo Hospital and Jaypee Hospital. 

• Noida is also home to numerous branches of well-known financial institutions, including HDFC, Bank of India, ICICI Bank, and all the reputed names you can think of. 

• You can relax and recuperate in parks like Rashtriya Dalit Prerna Sthal, Meghdootam Park, and Shahid Bhagat Singh Park, to name a few of the many options available.

5. Jewar Airport is coming soon near Noida 

Currently under development, India's largest airport in land area (more than 4,000 acres) is anticipated to be finished in 2024. Noida is only 13 kilometres from Gautam Budh Nagar's Jewar Airport, which is now under construction. Noida and Greater Noida inhabitants will no longer have to go to the 44-kilometre-distance Indira Gandhi International Airport. Upon completion, the airport can handle domestic and international aircraft. As a result, now is the best time to buy a home in Noida, as property values will likely skyrocket once the airport opens.

All-inclusive Noida Locations that offer something for everyone

Noida offers a wide range of high-end housing alternatives, including multi-story apartments, detached floors, builder floors, and more. Take a look if you're considering buying a home in one of these ten hotspots.

1. Sector 119 of Noida 

Sector 119 is well-served by the Faridabad-Noida-Ghaziabad Expressway (FNG Expressway), which connects it to Noida's business hotspots, including Sectors 62, 63, 18, and Techzone 4, without much hassle. A combination of completed and under-construction residential societies are available, with multi-story apartments costing Rs 5,300 per square foot. There was a 5% YoY increase in the price of real estate in the area. Due to its closeness to the planned Jewar International Airport through the Yamuna Expressway, Sector 119 is an attractive investment opportunity. Another plus is that Sector 122 in Noida will have a metro station on the Aqua Line, which would be just one more reason to consider moving to the area.

2. The Noida suburb of Sector 151 

Multi-story flats in Sector 151, priced at Rs 4,000 per square foot, are an expanding residential sector. Over the past year, home values in this area have risen by more than 14%. Sector 148 on the Aqua Metro Line is roughly eight kilometres from the region, which is located along the Noida-Greater Noida Expressway. Around Rs 8,000 is the average monthly rent in the neighbourhood. 

Sector 151 is a popular choice for property investors because of the large number of available plots and the reasonable prices of the land parcels (between Rs 28,000 and 40,000 per sq yard). However, the area's low occupancy rate is due to a lack of public transportation, despite the area's excellent road nexus.

3. Sector 129, Noida, India 

Sector 129 is a great place to buy a home because the bulk of the two and 3-bedroom options are available at less than Rs 4,200 per square foot. Advanced Navis Business Park and other significant employers like ETT are only minutes away. The average annual rental yield in Sector 129 is around three per cent, and the average yearly price appreciation reported as of Quarter 1, 2022, was roughly eight per cent. Noida International Airport is expected to impact the local real estate industry significantly. Sector 137, the closest metro station, is only three kilometres away, making it easy to get around Noida and Delhi.

4. Sector 70 in Noida 

There are a lot of independent houses and multi-story apartments in Sector 70, which is located along Vikas Marg. At Rs 5,300 per square foot, property values in this area have increased by approximately 3% year-over-year. Rs 15,000 is the average monthly rent for a two-bedroom apartment. In terms of Noida's prime locations, the area ranks highly. Sector 61 Metro Station on the Blue Line provides convenient access to residents (2.5 km). In addition, being next to one of Noida's most densely populated areas, Sector 57 to Sector 68, increases rental demand. The construction of Jewar International Airport is expected to positively impact the local real estate market, rising prices and rental yields, which are now at 4%.

5. Next On the list, is Noida's Sector 49 

Independent residences and builder floors are available in Sector 49 in Noida, located next to Dadri Main Road. There are also 2 BHK society apartments, which are the most popular. Average property prices in this area have risen by 33% annually to Rs 3,200 per sq ft. With its proximity to the Noida Metro Line's Sector 76 Metro Station (3 km) and the Delhi Metro Blue Line's Wave City Centre (5 km), as well as easy access to nearby job centres like ETT and NSEZ, it is a popular place to live. A two-bedroom apartment in Sector 49 may rent between Rs 10,000 and Rs 15,000 per month. The intersection of Sector 49/41, the Dadri-Surajpur Chhalera Route, and the projected elevated road have experienced significant growth in real estate development.

6. Sector 120 in Noida is where you should be. 

In Noida's Sector 120, there is a large number of ready homes, making it a viable location. Most new house constructions are 3 BHKs and cost Rs 5,500 per square foot. In addition, grocery stores, pharmacies, salons, stationery, restaurants, and dairy options can be found in many of the neighbourhood's residential communities. As of the first quarter of 2022, the annual rental yield is 2%, and the annual price growth is roughly 4%. Transportation, market access, and safety are in the sector's current stage of development. Additionally, the major commercial and industrial areas from Sector 57 to Sector 68 are easily accessible.

7. Noida's Sector 134 

Noida's Sector 134 is seeing massive residential construction, with much of it taking the shape of skyscraper flats. The average price of a square foot of space in this city is Rs 4,300, up nearly 5% YoY. The demand for housing in the area is fueled by its proximity to major employment centres, such as the Express Trade Tower, Infospace, and Advant Navis Business Park. Sector 137, on the Aqua Metro Line, is the closest metro stop at a distance of five kilometres.

8. Check out 168 of Noida. 

Sector 168 is a fast-growing sector of Noida, Greater Noida, and Delhi that is located along the Noida-Greater Noida Expressway. The sector is bordered to the west by Sector 135 and the north by Sector 142. Sector 135 and 142 are both abodes of large-scale office complexes and IT parks, contributing to the demand for rentals in this sector. In Sector 168, a two-bedroom apartment can be rented for Rs 12,000 a month. Multi-story apartments are the most common form of residential development, with both ready-to-move and under-construction options available. After a year-on-year increase of more than 10%, the cost of a square foot of property is now Rs 5,300.

9. Noida's Sector 75 

Sector 75 is one of Noida's newest and fastest-growing real estate markets. Property values in the neighbourhood have increased by 20 per cent year-over-year to Rs 6,800 per square foot. Sector 75's residential communities are home to a wide range of retail establishments and other services. Apart from that, the Sector-50 Metro Station connects Noida's Film City and Sector 18 (12 kilometres) and Sector 62 (12 kilometres) with the rapidly expanding Greater Noida region. Therefore, it has become a popular location for investors, with rental yields of 3% YoY. Residents have commended the area's ease of access. Furthermore, the new six-lane underpass in Sector 71 will enhance the area's connectivity.

10. Noida's Sector 110. 

Buy prices in Sector 110 have increased by over five per cent year-over-year, currently at Rs 5,700 per square foot. Residential and commercial properties in Sectors 125 to 132 and 142, where Maharishi University is located, and the NSEZ, are attracting purchasers and tenants. A two-bedroom, one-and-a-half-bathroom apartment in this neighbourhood rents for Rs 15,000 per month and generates an annual rental yield of 4%. Sector 110 is dominated by resale units, with more than 95% of the available inventory.

Documents Required to Buy Real Estate in Noida

Buying house in Noida or land in Noida requires certain paperwork to be in place to ensure a smooth and fast process. Here are some of the important documents that need to be ready for a quick transfer of ownership-

1. A copy of the sale document providing the seller with land ownership;
2. Copies of all preceding sale deeds for the property's past owners, for verification;
3. Sale deed registration
4. Property Sale Agreement 
5. Receipts for payments made by the buyer to the seller
6. A copy of the sale deed for registration purposes
7. Other proof of identity and proof of address documents like Aadhar card, PAN Card, ration card or voters ID. 

What is the Best Time to Invest in Noida's Real Estate Market?

Noida is a city that has been booming with real estate investment opportunities over the past decade. With its excellent infrastructure, connectivity, and rapid development, Noida has become one of the most sought-after destinations for property investment. If you are wondering when is the best time to invest in Noida's real estate market, then read on to find out.

Investment in Noida: The Best Time to Buy Property

If you are looking to invest in Noida's real estate market, then the best time to buy property is during the festive season. This is the time when developers offer various discounts, offers, and schemes to attract buyers. Apart from this, the demand for property is also high during this time, which means that you will have a better chance of getting a good deal.

NoBroker real estate services can help you navigate the various offers and schemes available during the festive season to find the best property in Noida to buy. Our platform allows you to search for properties based on your budget, location preferences, and amenities.

Best Sector to Buy Property in Noida

Noida is divided into various sectors, and each sector has its unique features and facilities. The best sector in Noida to buy a property depends on your requirements and preferences. If you are looking for a prime location, then Sector 18 is a good option. This sector is known for its commercial establishments and shopping centres. Sector 137 is also a good option if you are looking for affordable housing options.

Buy Residential Property in Noida: Greater Noida West

Greater Noida West is one of the most popular destinations for residential property in Noida. This area is known for its affordable housing options and excellent connectivity. The area is well-connected to Noida and Delhi via the metro and road networks.

NoBroker real estate services can help you find a residential property in Greater Noida West. Our platform allows you to search for properties based on your budget, location preferences, and amenities.

Buy Flat in Noida: Best Sector to Invest

If you are looking to buy a flat in Noida, then the best sector to invest in depends on your budget and preferences. Sector 78, Sector 137, and Sector 150 are some of the popular sectors to invest in flats in Noida.

NoBroker real estate services can help you find the best flat in Noida to invest in. Our platform allows you to search for flats based on your budget, location preferences, and amenities.

Property for Sale in Noida: Find the Best Deals

If you are looking for property for sale in Noida, then NoBroker real estate services can help you find the best deals. Our platform allows you to search for properties based on your budget, location preferences, and amenities. We also provide you with detailed information about the property, including the builder, price, and amenities.

Whether you are looking for studio apartments for sale or wish to rent here, the property price in Noida is still lower compared to Gurgaon and Delhi. Of course, there can be differences based on the location and amenities you are going for. In case you need help looking for property to buy or rent, consider contacting NoBroker real estate experts who can guide you through the best properties available in your budget. Give us a call today!

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