TOP LOCATIONS TO BUY A FLAT WITHIN RS 40 LAKH IN NOIDA
Being closer to the National Capital and a hub of commercial, residential and industrial properties, Noida in recent years has witnessed a huge momentum in the last few years. With seamless connectivity via a network of rail, road, highways, expressways, and flyovers, Noida today has come closer to almost all the NCR areas. However, the property price in the old localities of Noida today has jumped to a high. This has led to the emergence of new localities wherein homebuyers can invest and that too in pocket-friendly rates.
These areas are not only well-connected to Noida, Greater Noida, and Yamuna Expressway but also have a deluge of options for homebuyers within the price tag of 40 lakhs. Take a look:
Located along the sprawling Noida Expressway, Sector-129 is a newly-developed micro market offering various options to homebuyers. The area is surrounded by well-developed infrastructures like schools, banks, ATMs, hospitals and food joints. It is also surrounded by renowned companies and MNCs like InfoEdge, Oracle and Adobe that attracts home buyers to invest here. Most of the properties present here are ready-to-move-in. The price for a 2 BHK flat starts from 35 lakhs.
Another newly-emerged sector along Noida Expressway, Sector-134 has become a preferred residential investment destination in the last few years. Presence of renowned companies like Cognizant, Metlife, and Genpact as well as excellent connectivity has called many homebuyers to buy a flat here. Sector-134 offers mostly 2 and 3 BHK configuration apartments, of which most of them are ready-to-move-in.The average property price here is Rs 3,814 per sqft.
Surrounded by well-developed infrastructure, sector-135 offers many properties within 40 lakhs to homebuyers. The locality is home to leading school, hospitals, SEZs such as Shriram Millennium School, Felix hospital, Accenture, Genpact, and Metlife, that acts as a major growth of this micro-market. The sector is also in proximity to the Aqua line metro corridor that further strengthens the market. The property price hovers in the range of Rs 3,486-4,847 per sq.ft.
The main USP of this sector is its own metro station which is just minutes away from the residential projects. Developers like Supertech, Gulshan and Paras have already developed their projects here. Almost 98% of the units are ready-to-move-in, while will be ready for possession in few months or by next year. Many leading IT companies are in proximity to this sector, making it more attractive for homebuyers. The average property price here is Rs 5,116 per sqft. A 2 BHK is quite favourable among homebuyers.
This sector is home to mid-segment housing projects which appear to be budget-friendly for many homebuyers. The sector falls opposite to other sectors like 137, 141,143, etc. The metro station of the sector- 142 falls in proximity to the locality giving it good connectivity to Noida and Greater Noida.The average property price is Rs 4,633 per sqft. A 1 BHK falls in the range of 21 lakhs, while a 2 BHK will cost around Rs 32 Lakhs to the homebuyer.