Noida is a large well planned suburb of Delhi, it was intended to be an extension of Delhi providing much needed space for industry and housing in the then NCR.
Today Noida is a large township that outgrew its original mandate and also spawned a sister township known as Greater Noida to expand and build upon the mandate that the creators of Noida intended the city to fulfill.
Noida and Greater Noida are connected to each other via the Noida Expressway and Noida Extension is the name given to a locality in Greater Noida which is among the first few sectors of Greater Noida to arrive at when entering Greater Noida from Noida via the Noida Expressway.
Now that we have cleared that up, let’s discuss where to put our money if we want to buy property in Noida.
Once you have decided to buy real estate in Noida, you will want to know where you can get the best deal for your investment.
Sector 50 in Noida has a reputation as an attractive place to live having great amenities nearby including good schools and the Great India Place Mall, a shopping behemoth which would give malls in other parts of the NCR a run for their money with the scope of its size. It is a prime location in Noida.
Real Estate in Noida at prime locations like Sector 50 is priced far below prime localities in Gurgaon. As an example the average price for an apartment at Sector 50 in Noida is 8,000 rupees per square foot, compare this with prices on Golf Course Road in Gurgaon which stand are priced more than twice as much.
Still buying property in Gurgaon is not everyone’s cup of tea and for many owning flats in Noida is a sanguine decision.
Much of the property at Sector 50 Noida is priced close to 1 crore, with a few developments priced much higher and many priced a bit lower. The developments here offer a large number of 3 and 4 BHK homes with some even offering the buyer the chance to own 2 BHK flats in Noida.
Should you decide to buy a flat at Sector 50, despite your budget, the one thing you won’t be short of is space as even a 2 BHK flat in part of the NCR often has 1200 square feet of carpet area providing the buyer with a snug, yet not stuffy home. Most 3 and 4 BHK flats in this locality offer a comfortable living space greater than 1600 square feet.
With developments by many of top builders in Noida, there is no dearth of residential property in Noida, especially at Sector 50. The area is dotted with apartment buildings which are gracefully adorned from the outside and have landscaped lawns inside.
These comfortable homes offer an upscale residential experience to those lucky enough to dwell in them, combined with the high likelihood that most neighbors here would be educated professionals makes owning a home in Sector 50 Noida very appealing.