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Monday, 15 July 2013

Noida real estate: Sector 121 and 121 an ideal destination for living


Real Estate at Makaan.com
Makaan.com
If you have decided to buy a property in Noida and unable to make a decision related to location then it is worth considering real estate in sector 127 and sector 121. With the expansion of the city and new infrastructure it is projected that Noida property will shoot up in the coming years. Moreover, these sectors already got a social infrastructure.

Noida is a beautiful city with lush green parks and world-class residential unit, and excellently connected to Greater Noida, Ghaziabad and Delhi.

Now, property Noida is considered to be the most lucrative compared to other NCR regions. It is well connectivity with Delhi and commercialisation has made it a highly preferred investment destination. The Metro rail link is connected to the Noida City Centre making it convenient for public to reach prominent destinations of Delhi. Moreover, the road connectivity to sector 121 and sector 127 is the single advantage and expansion of Metro rail is in the pipeline.

Besides the industrial locations, there are primary and secondary schools in and around these localities. So, many experts believe that the sort of infrastructure these sectors offer it has become a highly preferred destination for end-user.

With the rising prices of real estate in Noida, finding an affordable rental accommodation in the city in sectors such as 18, 19, 60 and 62 seems to be hard. But the sectors 119 and 120 are ideal to find rental accommodation as the rental values is low. Flats in Noida of 2 & 3BHK are available for no less than Rs 12,000-18,000 per month.

According to Noida realty market experts, one prime reason why owners offer flats Noida at low rental in sector 121 and 127is the over-supply.

Major realty majors are coming up with housing units in these sectors as earlier only a few offered ready-to-move-in units in these sectors.

The city has also witnessed an increase in the number of multinational companies opening their corporate offices. Because of the coming up of offices it has resulted in migration of skilled and unskilled workers. Moreover, the state government to make living more comfortable are planning wide roads, shopping centres and hospitals which as a result have increased the value of the property in Noida manifold.

Noida real estate excels in many features compared to Delhi and those are roads, metro, industries, planned townships and education.

Smart home buyers are taking help of realty websites to find flats in Noida at discounted rates and developers who are offering schemes for easy finance.

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