Which are the best area to buy flat in Noida 2021?

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Looking for the best area to buy flat in Noida? There are various residential sectors in Noida, and often people face a dilemma when choosing the best one. In this article, we have described the 6 best localities that are ideal for living in Noida.

Noida is considered as one of the most affordable areas in NCR for home purchase. The city is experiencing rapid real estate development and offers opportunities for both home buyers and investors. From the metro to world-class physical and social infrastructure, Noida is currently one of the favorite destinations for home buyers. 

Affordable housing prices and good connectivity have been key factors in the popular demand of Noida and Greater Noida in recent years. Accessibility and cost-effectiveness in homes supply are also responsible for the popular demand for flats. Getting to Noida has always been a good decision for both investors and home buyers. Here are the 6 best area or localities to buy flat in Noida.

List of top or best area to buy flat in Noida-

1- Noida Sector 137

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Sector 137 is a well-planned residential sector in Noida and is one of the most popular localities for various reasons. Here, several residential projects have emerged that offer spacious homes at a reasonable price. Most of the residents here are professionals working in and around Noida. It is adjacent to popular localities like sectors 142, 141, 135, and 136. 

Connectivity- Sector 137 is located next to the NGN Expressway providing good connectivity to other areas of Delhi. It is located approx.12 km from the Mahamaya Flyover. It also has connectivity to Aqua Line metro, proximity to the Noida-Greater-Noida Expressway, new facilities with world-class amenities, and excellent infrastructure. Sector 137 is well linked by the FNG Expressway, which connects the city with Faridabad, Noida, and Gurgaon.

Property price- The price of an apartment or flat in Noida sector 137 starts from Rs 3,800/sq ft and goes upto Rs 5,910 per sq ft. The average price is approximately Rs 4,800/sq ft. Check out:- flats for sale in noida sector 137

2- Sector 150

Located at the intersection of Yamuna Expressway and Noida-Greater Noida Expressway. The area is witnessing massive property development and has become one of the best area to buy flat in Noida. Several major real estate brands are launching their projects in the area. Sector 150 is about 9 Km from Pari Chowk.

Due to its strategic location and presence of prominent and reliable developers, sector 150 has become a great real estate investment hotspot. Presence of reliable developers and strategic location makes it an ideal place for real estate investment.

Connectivity- Sector 150 is connected to Noida and then to Delhi via Noida Expressway and Greater Noida via Yamuna Expressway. The nearest metro station from here is Sector 148 which lies on the Aqua Line of Noida Metro. It has proximity to various well-known IT parks like Knowledge Park, Stellar Business Park, Unitech Infospace, and other industrial facilities. 

Property Price- The price of an apartment or flat in Noida sector 150 starts from Rs 4,900/sq ft and goes upto Rs 6,920 per sq ft. The average price is approximately Rs 5,900/sq ft. Check out:- flats for sale in noida sector 150

3-Sector 50

Sector 50 is one of Noida’s elegant areas, where some of the most expensive properties are available for investment. Part of this sector has several multi-storey residential projects that offer apartments in different price ranges. Close to the major commercial markets, sector 50 is one of the best choices for tenants working in Noida Electronic City, thanks to the best infrastructure and greenery. So, it is the best area to buy flat in Noida for people working near the electronic city. 

Connectivity- The area has connectivity to City Center Metro Station and Logix City Center Shopping Mall. Sector 50 has its metro station on the blue line and is well connected to Greater Noida, Ghaziabad, and Gurgaon. The locality has large green areas and the roads are well-developed. Stations like City Center metro station and Golf Course road have proximity to this sector. The famous commercial and institutional sectors like sector 62, 63, 65, Noida expressway, and Film city are 7-10 km away. And can be reachable in 20-30 minutes.  

Property Price- The price of an apartment or flat in sector 50 starts from Rs 5,200/sq ft and goes upto Rs 8,400 per sq ft. The average price is approximately Rs 6,800/sq ft. Check out:- flats for sale in noida sector 50

4- Sector 75

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With several new units available, sector 75 has become the fast-developing Real Estate Hub. This locality has gained prominence amongst those homebuyers who don’t want to move towards Noida-Greater Noida Expressway. Blueline metro connectivity makes it an attractive area for both home buyers and investors. It also has proximity to several entertainment hubs like Logix City Centre mall, DLF mall of India, and Galleria. 

Connectivity- The area has moderate public transport connectivity and good social and physical infrastructure. Sector 75 has proximity to NH-24 highway, DND Flyover, Yamuna Expressway, and FNG Expressway. Ghaziabad Railway Station and Indira Gandhi International Airport are 15 km and 37 km away from this area. Proximity to several roads and highways makes it the best area to buy flat in Noida. 

The city has a sector 50 metro station that connects it with some of Noida’s largest shopping malls and to the Film City & Sector 18. The newly growing regions of Greater Noida are also easily reachable within 15- 30 minutes from the area.

Property Price- The price of an apartment or flat in sector 75 starts from Rs 4,300/sq ft and goes upto Rs 6,500 per sq ft. The average price is approximately Rs 5,400/sq ft. Check out:- flats for sale in noida sector 75

5- Noida Extension 

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It is a growing real estate hotspot surrounded by Ghaziabad and parts of Greater Noida. The area is developing rapidly and is famous for its affordable property prices. A key factor that strongly influences the growth of housing in Noida Extension is its good connectivity with Ghaziabad, Greater Noida, and New Delhi. The area has become a commercial hub thanks to the presence of large companies. This is a well-planned residential complex that provides a comfortable life for the residents. 

All well-known residential developments such as Gaur City, Stellar Jeevan, Nirala Greenshire, and Eco Village 1 and 2, are easily located just 2-3 km away from Kisan Chowk. The locality has several options and a variety of affordable housing options and therefore makes it the best area to buy flat in Noida.

Connectivity- Bisrakh Road, Greater Noida Link Road, and Vikas Marg are the main roads in this locality. In addition, the approved phase 2 of the Noida metro (Sector 71 – Knowledge Park 5) will further boost the connectivity of this locality. It is well connected with several most important business avenues. Within 20-30 minutes you can reach IT parks and office space located in sector 62, 60, 57, 59, 58, etc.  Ecotech II and Ecotech III are important industrial centers located only 10-20 minutes from the Noida Extension.

Property Price- The price of an apartment or flat in Noida Extension starts from Rs 3,200/sq ft and goes upto Rs 4,460 per sq ft. The average price is approximately Rs 3,800/sq ft. Check out:- flats for sale in noida extension

6- Sector 128, Noida Expressway-

Sector 128, strategically located along the Noida Highway, is a large and well-planned sector. It has a designated green area and a large public park. The sector is known for its popular city project, Jaypee Wish Town, which consists of several apartment buildings with excellent facilities. It is the best area to buy flat in Noida for those who want quick connectivity to the expressway. 

Connectivity- The roads that play a major contribution are Sardar Vallabh Bhai Patel Marg and Noida Expressway. These roads connect sector 128 to other sectors. In addition sector 128 well-connected to the DND flyway and Mayur Vihar flyover. It has proximity to IGI airport and Hazrat Nizamuddin railway station. The IGI airport almost 30 km away whereas the Hazrat Nizamuddin railway station can be reached in a half-hour drive. 

Neighboring sectors such as sectors 132, 127, 126, and 125 are important institutional sectors. They have well-known towers like Tech Boulevard, HCL Corporate Campus, Lotus Business Park, Logix Techno Park, Windsor IT Park, and Express Trade Tower. Key business centers, IT parks of Noida Expressway are close to sector 128. 

Property Price- The price of an apartment or flat in sector 128 starts from Rs 4,470/sq ft and goes upto Rs 7,700 per sq ft. The average price is approximately Rs 6,100/sq ft. Check out:- flats for sale in noida sector 128

Conclusion-

Noida’s infrastructure is developing at a rapid pace and regular government control on the metro project will surely improve the city’s overall connectivity. In this article, we have discussed the 6 best area to buy flat in Noida. All the areas described in this article are very popular and have good connectivity. You should always choose a location based on your budget, proximity to the workplace, and lifestyle preferences. The price of flats stated in this article may differ from the actual price. Further if you have any query or doubt, then feel free to contact us!

5% Stamp duty on property registrations resumed from 1 April

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Mumbai: On Wednesday, the Maharashtra government decided not to renew the 2% deduction for stamp duty on property registrations from the month of April. The government would restore it’s earlier five percent stamp duty system on real estate registrations from Thursday.

Reason for stamp duty reduction-  

The state government cut stamp duties to two percent between August and December (2020), to stimulate the real estate market, which was down due to COVID-19 and lockdown. In the period from January 1 to March 31 (2021), it was cut by three percent. Stamp duty is one of the three largest sources of revenue for the state government.

Ajit Pawar, Deputy Chief Minister has proposed a 1% extra reduction of stamp duty if the property is acquired in the woman’s name.

At the time of issuing the order, the State Finance Department stated that if the property is acquired in a woman’s name, she cannot sell it for the next 15 years. If she sells it, then one percentage of the amount left will be charged with a huge fine. This means that if a woman buys a property, she must pay a stamp duty of four percent. To buy the same property, a man must pay a stamp duty of 5% from 1st April 2021 onwards.

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Goa CM cuts infrastructure tax by 30% to revive real estate

Prestige Estates to aquire Ariisto’s stuck project in Mulund, Mumbai

UP-RERA to issue a show-cause notice to Supertech Realtors

uprera-to-issue-a-show-cause-notice-to-supertech-realtors

The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) is about to issue a notice of show-cause to Supertech Realtors. The notice has been issued for the non-compliance to Section 5 (1) of the RERA Act. Under this notice, the developer has to explain why the application for registration of the Golf Country GH01 Phase 1A and Golfland GH01 Phase-1B should be approved and not rejected.

There are a total of 2,454 complaints filed against the developer and its subsidiaries. Of which 1,629 cases were settled and 105 and 1,243 are refund and possession orders. It was noted that home buyers filed a large number of complaints against the developer and also the developer did not comply with many of the authority’s orders.

Supertech has registered 36 projects, but the builder has shown very little interest in completing these unfinished projects. There are up to 20 projects for which the registration period has expired and which have not been completed yet.

Of the 20 projects, five projects registration was not given because the developer did not submit the penalty amount. In 13 projects, the application for registration of the project has not been submitted to the authority.

In September 2020, UP-RERA decided to conduct a forensic audit of Supernova Phase I, II, III and IV of Supertech group. But the promoter did not cooperate with the auditor, which ultimately means violation of the RERA order.  

Also Read:-

Goa CM cuts infrastructure tax by 30% to revive real estate

Gaurs Group to complete 10,964 pending Amrapali units at Rs 2,124 crore