Noida enjoys the reputation of being the most flourishing real estate market in the Delhi NCR. It is known as the largest industrial city in India. With the passing time, property in Noida has experienced a boom. Noida has a mix of affordable and luxury apartments in the market. The property market in Noida has turned out to be so lucrative for investors that currently many NRI investors are interested in investing in Noida.
Let us delve into some the prominent localities in Noida, which are offering luxurious flats-
- Greater Noida Expressway- This is the most famous location in Noida. The average rate of the property here is Rs4, 800 per sq ft. This locality is recommended for retired people, couples and families. The market trends are showing that the demand for properties will soon pick up in Noida. The luxury apartments will cost you around Rs 1.60-3.75 crore.
- Noida Extension-Noida extension is developing wing of the Gautam Buddha Nagar where fresh stocks of housing residential are coming up. Currently, this is accessible via roadways. There is an influx of people so the development of the infrastructure will also pick up. Since most of the construction is under process, it will witness price rise in the near future. The current rates of the properties are Rs 3,206 per sq ft, which is comparatively cheap. Noida extension is the place for investment.
- Sector- 100- Noida Sector 100 is one of the most elite localities. This locality has several luxury apartments, which are ready for possession. Social infrastructures are well developed in this area. The average rate of the luxury apartments in this area is Rs 1.50 crore.
- Sector 137- At present Noida sector 137 has only one premium project in the construction phase. The average rate of the luxury houses in this area is in a range of Rs 60 lac -1.4 crore.
These are some of the localities, which provide the best luxury apartments in Noida. Every locality that we have listed above has something unique to offer to the homebuyers.