Strategically located at the confluence of Yamuna and Hindon River this greenest sector is captivating the attention of the developers and buyers. Buzzing with rapid real estate activities according to the experts, sector 150 Noida is slated to be the hottest investment hotspot in NCR.
Boasting of 80 percent green cover, this low-density area is the ideal investment prospect for those looking for a property in the premium segment amidst lush green surroundings. Presence of ample green spaces with ongoing infrastructural, commercial and residential developments, this sector is the talk of the town.
Let us delve into the factors that makes sector 150 an investment hotspot in NCR:
Connectivity: Situated on Yamuna Expressway sector 150 Noida is well connected with IGI Airport via Greater-Noida Expressway. This sector is easily accessible from major transport corridors that include Yamuna Expressway, Noida Expressway, FNG Expressway and Eastern Peripheral Expressway. The commencement of the new Aqua metro line, has further added to the connectivity quotient of this sector. Moreover, a proposed 120-metre-wide road between Noida and Greater Noida, that will connect NH-2 with Noida-Greater Noida Expressway is expected to improve the connectivity and further reduce the travel time.
Residential Inventory: This sector is comprising of mostly premium projects by reputable builders with several new residential projects proposed in the vicinity. The average property rates here is around Rs 5,300 per sq. ft. with mostly major supply of 3BHK configuration. Some of the upcoming premium residential projects in sector 150 include Godrej Nurture, Tata Eureka and Godrej Palm Retreat. The property rates in this sector have been significantly rising over the last few years with average prices in Q4 2017 to be around Rs 4,700 per sq ft.
Social Infrastructure: This sector boasts of a robust social infrastructure with presence of reputable educational institutes, commercial projects and retail outlets. K R Mangalam World School, Army Institute Of Management And Technology, Galgotias, JBM Global School are some of the prominent institutes located in the vicinity of sector 150 Noida. Furthermore, several new commercial projects are also planned to be constructed in the coming years which will change the social fabric of this locality.
Proposed Infrastructural Developments: Several infrastructural developments proposed by the government are situated in the vicinity of this sector. While this locality already has F1racing track and several golf courses in the vicinity the government has plans to construct an International Cricket Stadium and a sports city. Moreover, this sector is planned to be developed as NCR’S first overhead wire-free zone.
Considering the robust connectivity, planned infrastructural developments, presence of several corporate offices and upcoming residential developments makes sector 150 Noida a promising locality in NCR.