2 BHK Properties for Sale in Sector 1 Noida Extension Greater Noida

Noida has yet to reach its full potential as a real estate destination. Considering this is an emerging area, an upward movement in all aspects of Noida real estate is highly likely, prices included. Now, where should you look for property in case you have made up your mind to be a Noida resident? Let us assist you here. Based on data available with Makaan.com, we list three Noida localities that have the largest number of housing supply.

If you live in Noida, the national capital region’s common hub of information technology and affordable housing, get ready to pay more for water. While the charges have been increased by up to 10 per cent for low-income group flats and 80 villages, rates have been increased by up to 25 per cent for residential, industrial, institutional and commercial categories.  Bills generated from April 1, 2018 would reflect the hiked rates.

Lack of public transportation has for long had an impact on the property prices in Noida and Greater Noida. However, the upcoming Metro links will change the real estate landscape of these twin cities and boost property prices. Trial runs on the 30-kilometre Aqua Line in Noida will begin from April 15 — a route that will originate from Sector 71 and terminate at Delta Depot Station in Greater Noida. Many commercial markets in Noida as Sector 60, 61, 62, 63, SEZs and Noida-Greater Noida Expressway will witness real estate growth. Housing opportunities and rental demand are also set to rise in Noida.

Causing huge traffic jams and breaking down of vehicles, Noida roads are known for all the wrong reasons. The Noida Authority, however, now plans to up its sleeves and begin the task of resurfacing the damaged roads covering 300 kilometres of area. The drive will include all the arterial corridors which experience high traffic, internal roads in the residential and industrial pockets of the town and roads which have not been repaired in the last four years. The authority is presently awarding contracts worth Rs 300 crore for the road resurfacing work which is likely to begin in a few days.

The Noida real estate market is in for better times as the works on the Noida-Greater Noida Metro Rail Corridor is in full swing. The areas falling on the corridor will be the perfect choice for homebuyers for the superb connectivity they have on offer. MakaaniQ lists some of the most promising housing projects in Noida where you may consider investing.