Noida Sector 150 is regarded as one of the ideal residential areas of Noida because of its richness of greenery and high-quality housing options. The development of the Jewar Airport has accelerated the potential for investment in this region. Sector 150 in Noida, which is close to the Noida-Greater Noida Expressway and is expected to open in 2024, will gain a lot from the new airport. Due to the rise in demand for both commercial and residential properties, there is a chance that property prices will also rise along with economic activity. This article will discuss Noida’s rapid growth, what it has to offer prospective investors, and its luxurious lifestyle.
Noida Sector-150: A Hub for Luxury Living
Micro-markets with mixed land use development, high-end and affordable housing projects, excellent connectivity, and all necessary facilities in projects are becoming increasingly popular in the country. One such market, Sector 150 in Noida, has experienced residential growth over the past year and provides homebuyers with a range of options. This area has good connectivity to other areas of the National Capital Region (NCR), reasonably priced real estate, and a large number of reputable builders.
The Rapid Growth of Development in Noida
Noida’s Sector 150, part of the New Okhla Industrial Development Authority, is steadily advancing in terms of infrastructure, which has helped it gain a reputation as a sought-after location for residential real estate. Sector 150 is home to high-end developments like Godrej Nest Noida and has developed into a significant commercial and IT hub. The neighborhood is strategically located along the Noida-Greater Noida Expressway. The authorities have made sure that 80% of the region’s 600 acres of land are covered in lush, natural greenery, and there are many large green spaces there. For the purpose of creating neighborhood parks and other outdoor areas, 42 acres of farmland have been set aside.
Not only Noida sector 150 but Noida sector 43 has been also witnessing growth in infrastructural development. The upcoming residential projects like Godrej Plumeria Noida have created quite a stir. Godrej residential properties in Noida Sector 43 have many aspects that contribute to the project’s popularity. The project offers residents a peaceful, clean, and green environment, as well as power backup and 24-hour security. The rooms of these apartments are spacious, with wide balconies offering a lovely view of the surrounding area.
It is an A-class residential project where one would live close to nature while enjoying almost all kinds of modern amenities that one could only imagine availing only in metropolitan cities. Talking about its developer, Godrej Plumeria Noida is being developed by Roseberry Estate LLP, and its associate investment partners are Godrej Properties Ltd.
It is an essential component of a mixed-use development called Godrej Woods, which spans 10.95 acres or 44,310 square meters of lush green land and includes a number of residential and commercial units.
What does Noida’s Sector-150 offer for homebuyers?
Sector 150 is centrally located with easy access to the Noida-Greater Noida Link Road, Yamuna Expressway, and Hindon River. Sector 150-152 are located along the 75-meter-wide road that connects Faridabad with the Noida-Greater Noida Expressway. With Haryana and other areas of Uttar Pradesh, this road improves connectivity between Noida and Greater Noida.
Additionally, a regional road connection connecting Noida and Faridabad has been suggested. Through a proposed 120-meter-wide road in Greater Noida Phase 2, this road will link National Highway 2 with the Noida-Greater Noida Expressway near Sector 150, as well as with National Highway 91 and further with National Highway 24 near Hapur.
On the line being upgraded from Noida City Center to Greater Noida, construction on the planned metro station is also well underway. Sectors 153 and 149 as well as Noida City Center and Sector 71 will be connected by the line. The metro will then head to the Delta Sector after crossing Greater Noida’s Pari Chowk. By the end of 2017, the work on this metro line should be finished. The upcoming metro line, according to brokers in the area, will significantly cut down on commute times.
For daily needs, there are commercial establishments and retail stores in the nearby sectors like Sector 153 and the Noida-Greater Noida Expressway. Sector 150 is a desirable option for buyers because it is close to Greater Noida’s knowledge hub and has hospitals and reputable international educational institutions in the area. Due to Sector 150’s vicinity to the Hindon River, the Noida Authority has also suggested that a significant portion of that area be designated as a recreational green belt.
This green belt will not be subject to urban development, preserving the area’s lush vegetation for the benefit of any future residents. In the sector, there are also a lot of projects related to sports and leisure.
A mix of residential projects:
Numerous private development companies have already revealed plans for Sector 150 in light of the current and future developments. The majority of the projects on the market are two- and three-bedroom apartments, with prices ranging from Rs 42 lakhs to Rs 65 lakhs. In the area, Pusta Road has experienced rapid residential project development. The average property prices in Noida and its sectors have increased due to the growth of the infrastructure and the spike in the proportion of completed projects.
Sector 150’s average property price range is roughly Rs 4,400-4,500 per sq ft, compared to Noida’s current average price range of Rs 5,200-5,600 per sq ft over the past ten years. The available apartments’ sizes range from 1,100 square feet to up to 2,000 square feet.
The current prices in the area are likely to rise further as projects that have already begun construction and are close to completion are completed. Sector 150 is probably going to show this in the following two quarters as well. In light of this, now might be a good time to start investing and trading.
Needless to say, there is a greater demand for luxury today than ever before. Luxury apartments in Delhi have seen a considerable increase in recent years, changing people’s lifestyles. Modernization, growing population, and the desire for higher living standards are the primary forces driving this change. These are just a few examples, but the fact is that people’s perspectives on living have shifted dramatically, and this shift is visible only in their homes.
The concept of a comfortable home is important, and apartments are in high demand, particularly in metropolitan areas. The demand for high-end apartments in Delhi is constantly increasing as people seek more than just traditional brick and mortar structures.
Some of the Features of Luxury Homes / Apartments in Delhi
Delhi is a welcoming place for both foreigners and locals and visitors. It is a city with numerous monuments, historical sites, embassies, temples, markets, and so on. Each carries a distinct essence of Delhi’s rich history and provides an exquisite experience for all. As India is a land of diverse cultures, traditions, and religions, the capital city provides a perfect blend of numerous options based on their preferences and dislikes.
The city offers the ideal balance of comfort, luxury, and opulence in each of its nooks and corners. It provides its residents with a wide range of luxurious residences. Most of these apartments are conveniently accessible and offer luxurious amenities and services to potential investors.
One of the prominent and leading residential properties in the heart of South Delhi is Godrej Prima Okhla. Furthermore, the aspects that are considered by the potential investors before investing in residential properties are listed below:
One of the most crucial factors to take into account while looking at luxury flats is location. Posh places with solid infrastructure and top-notch civic amenities are more popular among people. They look forward to places with lots of advantages, including connection, transit options, infrastructure, a lot of greenery, enjoyable residential communities, and more.
Safety and Security:
Because of the rising crime, each and every one of us seeks for a safe place to live. The homes with various security features, such as CCTV, gated communities, security forces, guards, and more, are something that we are all looking forward to. There should be a rule for anyone entering this area without permission, excluding residents. Well, you have to pay for it if you require this level of security.
Attractive Interior Styles
: Your home’s interior design conveys a lot about your lifestyle and preferences, so this is where your choice is revealed. Stylish flooring, contemporary lighting, smart options, comfortable furnishings, and cutting-edge technology are all present in today’s luxury apartments in Delhi, giving you a beautiful living space.
Godrej Prima : Is it a Good Investment Option?
Godrej Prima Okhla is a meticulously planned under-construction residential society by the reputed Godrej Properties Group as per global standards. One can find everything they could possibly need, want, or expect for a convenient and comfortable lifestyle under one single gated community, giving it a world of its own.
The township is located in the prestigious area of South Delhi’s Okhla Phase 1 and covers more than 5 acres of land. The township is proud of its four residential towers, which are among the tallest in South Delhi. The towers each have 29 floors and provide more than 350 residential apartments.
The property takes pride in its lush green surroundings, which include parks and lawns that have been meticulously maintained. Additionally, because Mughal architecture served as inspiration, the residential society is aesthetically pleasing.This makes this residential project a masterpiece, where all of the residents carry out their tasks to the fullest extent of their satisfaction.
The property also boasts cutting-edge aesthetic appeal and beautiful architecture. The Mughal architecture gives it a classy appearance, and the contemporary amenities it offers give it the appearance of a high-tech township. However, in actuality, this domestic universe is both. Along with this, a 5-tier, tech-enabled security system has been installed in the apartments by the Godrej Properties Group. The society uses a variety of security measures to make sure that no effort is spared in making your homes safe and secure.
Therefore, considering all these points we can say that investing in Godrej Prima Okhla is a beneficial investment.
Godrej Connaught One – Another Option for Luxury Homes
Another upcoming luxury residential project is Godrej Connaught One, located in Connaught Place in Delhi. Large apartments with cutting-edge amenities and high security are available. Featuring a magnificent 7-star experience and ultra-luxurious 3 BHK and 4 BHK apartments.
It is the first Luxury 3/4 BHK Residential Project in Connaught Place, New Delhi, situated at Shaheed Bhagat Singh Marg. The Project is surrounded in a lush, green environment on 0.9 acres of land.
In order to improve efficiency and space, it has rooms with large beds and living areas. The living room can be expanded when necessary, and a sizable balcony offers outdoor living space when the weather is nice. It is an upcoming grand landmark in one of Delhi’s most desirable locations thanks to a grand exterior and intelligent lighting.
Godrej Connaught one Delhi offers stunning living spaces created by the top architects in the world that combine luxury living and contemporary functionality. It has premium amenities like a pool, gym, clubhouse, indoor and outdoor sporting facilities, and a landscape garden and is surrounded by greenery. To provide you with a serene and tranquil living experience, this project is situated near to the busiest airport in the country.
It is a kind of project to leave one mesmerised and spellbound. Moreover, here one can experience the aura of grandness with luxurious and comfortable living space.
About the Developers:
One of the most well-known real estate companies in India, Godrej Properties Ltd, constructed and developed Godrej Prima Okhla New Delhi. Godrej Properties, a division of the Godrej Group, is an ISO-certified business with the mission of building modern, opulent homes and apartments that stay true to the fundamental ideas of sustainable development and cutting-edge civil engineering advancements. Godrej Properties Ltd. has had a significant impact on the market, particularly in terms of market penetration and customer satisfaction, with more than 140 successfully completed projects spread across 11 cities, primarily in Mumbai, Bangalore, Pune, Hyderabad, and Delhi NCR.
Delhi is a city that pulses with politics, history, cuisine, fashion, and culture. It is a desirable location to live, not just for locals and those who live nearby but also for NRIs. For the majority of people, owning a luxury home is the lifestyle of their dreams, and having one instantly elevates it. Real luxury speaks for itself, despite the fact that the word is now casually bandied about, almost like a marketing trick. Real estate is considered luxurious if it meets all of these criteria—and by considering all the above points we can conclude that Delhi’s lifestyle is comfortable and luxurious as it provides their residents with all the amenities and services they are looking for in luxurious residences.
Buying a property means investing one’s hard-earned money into real estate with hopes & aspirations of a good future & impressive ROI (Return on Investment), which beats the overall inflation to yield some concrete profits. There are a number of factors that affect the overall prospects of a property. These factors have a very wide range & also include godsend considerations. The commercial & residential hub of the capital, Connaught Place holds a very promising prospect for growth & development as it continues to maintain its place in the top 10 most expensive real estate in the world as per the CBRE report.
With its alluring history, ever since the British decided to shift its capital to Delhi, Connaught place has been a center of gravity. Today, the place offers a perfect blend of modernity, connectivity and reliability marked by its outstanding elegance of Georgian-style architecture. There are a host of factors that amplifies its mark on the Real estate market- both residential & commercial. These factors have the consideration of both Past & future & hence provide a perfect go-to spot for long as well as short term investments, also making it a quintessential place for one’s residence.
The location advantage of CP makes it outshine its peers & establishes it as the much sought-after real estate right at the heart of New Delhi. These factors are as follows :
One of the most high-end real estate in the world
As per CBREs’ Global Prime Office Occupancy Costs survey, Connaught place holds its place among the top ten most expensive places to own a commercial or residential property. Mumbai’s Bandra Kurla Complex and Nariman Point CBD hardly made it to the list of the top 50 most expensive real estate places. It makes Connaught Place, which goes by the lingo name of C.P, a place where owning a property means assured decent returns on investment. Thanks to the commercial activities centered in Connaught Place, Income from Rental Income, too, has a magnificent sharing of income here.
Due to scarcity of land, high demand, and excellent location, Connaught Place is one of the costliest business districts on the face of the earth.
The star & grid pattern of the arterial road network with 12 well-lit & wide roads connects Connaught Place’s outer circle not only to the hot spots of Delhi but even the satellite towns of Gurugram & Noida. The public bus fleet here provides good connectivity to the everyday footfall of customers & visitors. The Rajiv Chowk Metro Station (Yellow Line) is entirely dedicated to catering to the needs of the Outer & inner circles of this commercial & residential hub. Over the past decade, the connectivity prospect has witnessed a complete overhaul of the connectivity in the area. The circular area plays nectar for the monetary activities here, augmented by its railway connectivity with New Delhi Railway Station in proximity.
The architecture of Connaught Place also holds a heritage feeling for those who find themselves at peace with classic architecture in the valorization of modernity. The Georgian-style architecture makes the place outshine & reminds one of the glorious & wealthy past the place has. The buildings here make a grid of two concentric circles- The Inner circle & The Outer Circle- leading to 12 arterial roads, which act as the lifeline for the place. These exquisite buildings, mostly of Georgian Style but with some new modern architectural build as well, most popular shopping centers, fine dining restaurants & entertainment hotspots like cinema halls.
The heritage point of CP – Central Park has the highest National Flag in the country. The 207 ft high Tricolour standing at the center of Connaught Place instills a sense of patriotism in the mind of the passersby. Additionally, Central Park itself is known for the panoramic & enthralling view it offers to visitors.
Connaught Place holds a prospect that is like investment nectar for the investors as not only the current economic prospects of the place are quite meteoric, but even the future prospects are bound to break the records. Under the Delhi Master Plan (MPD- 2021) released by DDA, Connaught Place has been declared the Metropolitan City Centre in the city. The future plans for further growth & development of the area include the introduction of central air-conditioning for offices, the extension of nighttime for shops in the inner circle, and a car-free zone at night.
CP is known, among other things, for its high rentals. Due to scarcity of land & high demand, renting a shop here means high expenditure. Rentals vary with each floor & location of the building. With the area being one of the major footfall receivers, the earning prospects here are deliverable & impressive. One can see the place throned with chains of national & international brands.
All the aforementioned factors make the prospect of owning a residential property in Connaught Place appealing. One such property, which has the hallmark of the reputed Godrej Builders, is set to see the light of the day right in the heart of Connaught Place. The pristine residential property is Godrej Connaught one. This is one of the state-Of-The-Art residential Godrej Properties in CP. Endowed with all the required amenities for leading a good & comfortable life, this under-construction residential cosmos has all the pre-demarcated spaces including spacious halls, gymnasium, swimming pool, Spa, Intercom facilities, Kids’ play area & 24*7 security surveillance consisting of a three-tier security system, etc.
Connaught One by Godrej boasts its connectivity with Rajiv Chowk Metro station & New Delhi Metro Station, along with 12 arterial roads connecting it not only to other areas in Delhi but also with the satellite cities of Noida, Gurugram & Faridabad, etc. Godrej Connaught Place ROI (Return On Investment) to speaks volumes about the strategic location of this exuberant & pristine residential project right in the heart of the ever-vibrant Capital city.
YOLO : You Only Live Once is the buzzing word on the lips of the Millenials & everybody alike. Living like a king, enjoying like a star & dreaming like a cat is what everyone wants. Convenient should be the lifestyle to “Eat, Drink & be Merry” now remains the much talked about topic of the time. All this chitter-chatter paradise translates into reality when one chooses to live in a luxurious apartment, that too at the heart of India’s IT capital, where life never stops & the Saga of amplifying growth journey never ends, where the ancient meets the future, where rests a perfect blend of traditions with modernity- the city of Noida has it all.
When one decides to live in a luxurious apartment in Noida, the Rent-Vs-Buy conundrum is what baffles one the most. The decision you make should be a prudent & pragmatic one. Especially considering the post-COVID world, you can’t afford to be on the wrong side. In the post-COVID world, when the prices of the properties have plummeted like never before, it is high time to buy not just a common residence but a luxurious apartment with all the world-class amenities & a wonderful ambiance of the gated community – drooling exteriors, interior & tech-enabled security.
When it comes to the lifestyle in the apartments in Noida, there are a host of perks & privileges one can expect as the legitimate folks of the cosmos that you call your retreat & escape place. These additionalities include, among other things, the following –
Amenities that mesmerise oneself to the core & bring to light the real joy of a child, mark the apartments not only from inside but all around. These amenities speak for themselves as they make life a bed of roses for the folks. These amenities generally include Fitness studio and fitness classes, Rooftop or garden patios, Grilling or BBQ stations, Pools and hot tubs, Pet-friendly community with dog runs or pet washing areas, Entertainment areas (game rooms, television rooms, etc.), Common areas for private parties, Parking and bike storage & Package concierge services etc.
A community that resembles a family
Life inside the gated community of luxurious apartments is fascinatingly enthralling too. With all the like-minded people around you, life becomes truly exemplified. The provision of shared spaces gives an upfront opportunity of making new friendships, taking relations to new heights & paradise oneself to the dream island.
Location: the precinct that speaks for itself
Location is all that remains on the priority list when it comes to luxurious apartments. From the vicinity to all the tourist & essential visit places, all of them should be in the area of a couple of furlongs. Fortunately, all these places have their locations in perfect perimeter to the luxury apartments in Noida. From swanky malls to hospitals to schools & universities, all of them fall under the rapprochement.
Health is wealth as they say. Luxury apartments have got you covered. With world-class fitness rooms, Gyms & yoga studios, and luxurious apartments deliver to you the lively experience of healthy life from the inside out. Rooftop gardens & walking strolls on the ground come as a part & parcel of these exuberant apartments.
No room for clutter
As the word itself defines, the sense of luxury comes when there is no clutter in the room. As a thumb rule, luxury apartments are tech-enabled with clearly demarcated space for the requirements of day-to-day necessities, be it kitchenette, clothing area, bathing area or shoe racks for that matter. All the spaces are already well defined, well furnished & tech-enabled to save both – space & time, & at the same time provide a sense of superior living.
When it comes to connectivity, luxury apartments in Noida meet your expectations way beyond the set benchmarks of the market. As evident by its strategic location, Noida is well connected with all modes & kinds of transport. With the Greater Noida expressway and the Jewar Airport in its bag, Noida also has the longest stretch of the Delhi metro which is the lifeline of the millennials. As Noida is connected to Delhi and Ghaziabad through expressways, the dream of living in a well-connected city at an affordable price comes to life here The Yamuna Expressway connects it to Mathura, Agra, and beyond. The Noida-Greater Noida expressway is also a major thoroughfare. It serves as a vital connectivity link for those traveling from Ghaziabad.
Perks & privileges of living in luxurious apartments in Noida itself have their own crown lines to the Moon. But if you are confused about what apartment would be right for you to invest your hard-earned money in, then the suggestion would be that whatever luxury apartment you choose, it must meet the majority of the criteria, if not all, mentioned above & like. Your investment should also be a fruitful one when it comes to ROI (Return-On-Investment) if you plan to relocate to another city in the future. You should not only be able to recover your original investment but also be able to earn dividends on your investment which must be higher than the inflation rate. Only then would there be some sense in your luxury apartments. For instance, there are many luxury apartments in Noida that not only pay you dividends but also provide you with all the aforementioned amenities.
For example luxurious apartments by the Godrej at the heart of Noida-
Godrej Woods in Sector 43 Noida
Godrej Woods at sector 43 Noida not only provides all the aforementioned amenities & good ROI but it is gold-rated by IGBC (Indian Green building council) which makes it a perfect luxury dwelling for you & your loved ones. Godrej Woods Noida is nestled in the urban forest theme, it also provides you with green natural calmness & solitudinal peace & yet connects you to the bustling happenings of city life. The floor plan here has the options of 2,3,4 & 5 BHK options as per the needs & budget of the residents.
Godrej Nest in Sector 150 Noida
Godrej Nest in Noida provides you with all the required amenities & drooling facilities which shapes the lifestyle of the residents to a great extent. The 5 tier security parameters here ensure safety remains on the top of the priority list. The floor plan options here include 2,3 & 4 BHK apartments. You can easily choose from them as per your needs & investment plan.
Godrej Palm Retreat in Sector 150 Noida
Godrej Palm Retreat at sector 150 Noida is embedded with all the above mentioned amenities. With a handsome ROI, the property also provides a sense of luxury & security with its world class tech-enabled security system which works round the clock to ensure that safety of the residents is ensured. Uniquely designed best in class floating restaurant and multi-level pool make it the perfect destination for those who want to spend quality time with their near & dear ones but do not have spare time for travelling. The floor plan options are as follows – 1 BHK, 2 BHK, 3 BHK & 4 BHK units.
About Floor Space Index
Living spaces make our cities alive and breathing, and they have a big part to play in our human experience. The FSI is the ratio of built-up space vs plot of land. Or the total area covered by all the floors of the building, divided by the total area of the property upon which it’s built upon. This is an effective way to build upon and actually know the distinctions between the actual plot size and the intricacies of the design behind the same.
The significance of this paradigm is for the buyer and the developer to actualize and bring to fruition how much construction needs to be done on a particular piece of land. The amenities, type of the building, and the zone in which the premises is located, the entirety of the plot is considered otherwise, i.e. taking in the aspects such as the size, locality and end-use of the property.
The system mentioned above differs from place to place and from one municipal corporation to another, and from municipal council to another and so on.
**On the other hand, the gross floor area (GFA) is the total of all the floors in the building minus the parking, balcony, driveway, and walkway, among other things.
Floor Space Index Formula
As being mentioned earlier, floor space index is the area covered by all the floors of the building divided by the total area of the plot. For instance, if the FSI is 1.0 in its cumulative form, only 1,000 sq. ft. of construction can be done on the property amounting to 1,000 sq. ft.
*It is also essential to remember that construction companies or builders can only build-up to the FSI imposed by the regulatory authority; the government.
Importance of FSI
Floor Space Index holds a significant space in the socio-architectural designs of urban planning, gives a comprehensive idea on how a city can be better managed through the effective ways of calculated accountability of imbibing water management, sewage treatment and other forms; primarily to control the population density of an area.
As we know, every region that defines the spirit of this country is different and therefore, it becomes imperative to count in the floor space index to maximize the potentiality of how living residential/ commercial spaces can be effectively used to make our lives better in general. The management of spaces becomes even more important with the passage of time; an unprecedented developmental rate and an ever-more growing population would require a better system to optimize the residential spaces to accommodate for the growing population, industrial upsurge and socio-political circumstances.
Furthermore, FSI also plays an important role in deciding the pricing of the building; for instance, the residential spaces with a relatively lower floor space index encapsulate a better market value because of their lower population density and so on. Godrej Properties with their impeccable, top-of-the-line property spaces provide with the best FSI value, making spectacular spaces to reside and invest in.
With the notable variations that the FSI can bring about, ranging from commercial/ residential and premium spaces, the final price of the property is still governed by multiple factors and not just FSI alone, as being mentioned earlier.
Looking into a different perspective, the developer will prefer a higher FSI ratio because a higher floor space index would imply more apartments can be developed and sold. Taking into consideration the unprecedented demand for the real estate in the ecosystem of India, increasing the floor space index would be beneficial if other factors such as sustainability and city management were looked after and thoroughly considered.
The article mentioned above talks about the significance of floor plan index (FSI) and its implications in terms of urban planning; a few takeaways from this are mentioned below:
- The Floor Space Index is the total area of the constructed plot divided by the property’s total size.
- The higher the FSI, the lower the rates of the residential/commercial and vice-versa.
- FSI is an imperative factor while evaluating the value of the property.
- Locality, Type of Property, Categorical Zone etc., are other factors that are taken into consideration while deciphering the value of any given property along with the FSI.