With new infrastructure projects and the upcoming Jewar airport in the region, the real estate market in Noida Extension sees significant growth potential.
Noida, a planned city in Uttar Pradesh, is a popular property destination. However, the real estate market in this region is becoming saturated with high property prices. Those interested in investing in a property in this region can consider emerging property hotspots, such as the Noida Extension, also known as Greater Noida West. It is a fast-developing residential and commercial area of the National Capital Region (NCR), where one can find a wide range of property options.
Top reasons to invest in Noida Extension
- Well-developed infrastructure: The area has plenty of social infrastructural facilities, such as schools, educational institutions, healthcare centres, shopping hubs, etc.
- Easy accessibility: The Noida Extension area is easily connected to key destinations, such as Ghaziabad, Yamuna Expressway, and the commercial hub of Noida Sector-18. Moreover, the expansion of the Noida Metro Aqua Line is expected to boost connectivity.
- New residential projects: The area has seen a growth in new residential projects in recent years. This provides homebuyers with a host of property options. Most of these projects are equipped with modern amenities.
- Commercial and industrial hubs in proximity: The area has witnessed new commercial and industrial developments in recent years. It has generated demand for real estate in the region, attracting end-users and investors.
- Future growth potential: With new infrastructure projects and the upcoming Jewar airport in the region, the real estate market in Noida Extension sees significant growth potential.
Top areas in Noida Extension for investment
Techzone IV, Noida Extension
Average property price: Rs 7,635 per square foot (sqft)
Techzone IV is a prominent neighbourhood in Noida Extension and an emerging IT hub in the region due to several IT parks. Thus, the area has attracted a lot of working professionals looking for residential properties. Moreover, the area has easy access to commercial districts and key locations, such as the Noida Expressway, Sikanderabad Road, and the Delhi-Noida Direct Flyway (DND Flyway). Residential properties in the configuration of 2BHK and 3BHK are the most sought-after in Noida Extension.
Sector-4, Noida Extension
Average property price: Rs 6,700 per sqft
Sector-4 is a fast-developing locality of the Noida Extension located along the Taj Expressway. The area has well-developed facilities, such as schools, hospitals, malls, etc. Moreover, educational institutions, such as Gautam Buddha University, Shiv Nadar University, and Amity University are easily accessible. All these factors make it a popular choice for home seekers. The area is witnessing the growth of new residential and commercial properties. There are several properties in 2BHK, 3BHK and 4BHK layouts available in this locality.
Sector-1, Noida Extension
Average property price: Rs 4,400 per sqft
Sector-1 is one of the affordable localities in Noida Extension. Owing to being close to IT parks, the area attracts several IT professionals and other working professionals. There are several upcoming residential projects with plenty of property options. One can find 2BHK, 3BHK, and 4BHK apartments, villas and plots for investment. The infrastructural facilities in the locality are in the development stage and the nearest metro is in Sector-52, which is 13 kilometre away.
Sector-16, Noida Extension
Average property price: Rs 6,400 per sqft
Sector-16 is another popular sub-locality in Noida Extension, with a well-developed social infrastructure. There are schools, healthcare institutions, parks, shopping hubs, etc. The area is in proximity to the commercial hub of Sector-62 in Noida. Besides, Greater Noida West Link Road, and NH-334C are well-connected to Sector-16, Noida Extension. Investors looking for residential properties in Sector-16, Noida Extension will find 2BHK, 3BHK, and 4BHK apartments, villas, and plots.
Sector-16B, Noida Extension
Average property price: Rs 6,600 per sqft
Sector-16B Greater Noida is an industrial hub in Noida Extension, which is in proximity to the upcoming Noida International Airport in Jewar. Moreover, malls, multiplexes, banks, and key commercial areas, including IT companies, Roza Yakubpur industrial hub and Artha SEZ, are present in the region. Owing to these factors, the area has attracted a lot of homebuyers. One can find numerous residential options offered by prominent developers.