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.