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.
