Top 5 emerging locations to invest in Greater Noida In 2024
Invest in Greater Noida In 2024
Greater Noida is witnessing remarkable growth. Whether it is infrastructural development or businesses, attracting everything. Delhi-NCRs and other regions are getting congested, and people want to shift to more spacious and less dense areas with less traffic congestion. Greater Noida is home to famous commercial and residential projects, and reputable developers are infusing considerable investments in this region. It is a well-planned region with excellent connectivity, greenery, and a pollution-free environment. It has all the necessities you need to live a lavish life.
These factors make Greater Noida a great region to invest in, and here, I have listed five of the best investment options in Greater Noida that will become pearls in the future.
Pari Chowk, Greater Noida
Pari Chowk is a famous area in Noida situated along the junction of Noida-Greater Noida Expressway with Surajpur Kasna Road. The expressway connects Pari Chowk with major regions of NCR. Besides connectivity, it assimilates residential, commercial, retail and institutional developments and is therefore considered a suitable locality for end users as well as investors.
Prominent Places that make it a great investment option:
• The Grand Venice Mall
• Omaxe Connaught Place Mall
• Knowledge Park I-III
• GD Goenka Public School
• Cambridge School
• Kailash Hospital
• Yatharth Super Speciality Hospital
• Oxygen Business Park
• Advant Navis Business Park
• Unitech InfoSpace
• Splendor Onyx
• One Fng
Jaypee Greens, Greater Noida
Jaypee Greens is an ultra-luxury region to purchase a property. Nearby the central markets of Sector 27, Delta 1, and Alpha 2, It enjoys strategic proximity to the Noida-Greater Noida Expressway (4 km) and the Yamuna Expressway (5.8 km). The average price in this region is around 11k per sqft, and the most popular unit is 3bhk. The monthly rental may vary from Rs 23,000 to Rs 1.4 lakh.
Jaypee Greens is a well-designed neighbourhood, and the planned metro line from Knowledge Park 2 to the future Jewar Airport, which would cut the travel time from 41 minutes to 25 minutes, is expected to make the neighbourhood even more livable.
Furthermore, the community will benefit from the construction of six additional electricity substations and a connection road connecting Knowledge Park 3 and Noida. Given that property values in the area have increased by more than 100% over the past three years and are expected to rise further due to planned improvements, investors considering investing in Greater Noida might want to take a closer look at Jaypee Greens.
Sector 1, Greater Noida
Sector 1, a premium locality in Greater Noida, offers many premium under-construction residential projects. The region is still well-liked because of its quick access to Knowledge Park V and Artha SEZ (Techzone-4) within five kilometres. The Faridabad-Noida-Ghaziabad (FNG) Expressway and the Taj Highway are also nearby, increasing the area's appeal to tenants and buyers.
The property rate in Sector 1 Greater Noida is 7200 sqft, after a 113 per cent hike in the preceding five years. The planned business complexes in the neighbouring Techzone 4 will contribute to improving the housing and rental trends in Sector 1 by creating additional job opportunities. The residential market here is dominated by 2 and 3 BHK apartments, with monthly rates ranging from Rs 10,000 to Rs 18,500.
Techzone 4, Greater Noida West
Techzone 4 is a self-sufficient neighbourhood with the most three-bedroom flats available. Widely regarded as one of the greatest sites in Greater Noida, Techzone 4 is conveniently close to Knowledge Park V, which is around 22 km away. Knowledge Park V is home to commercial hubs like Artha SEZ and Airwil Intellicity. The eight-kilometre Taj Highway connects to NH-9, making travelling to different regions of Noida easy.
After roughly a 65 per cent increase in the previous five years, property buy rates in Techzone 4, Greater Noida West, vary from Rs 6,100 per sq ft to Rs 40,000 per month. The region has the highest concentration of ready-to-move-in homes, and some of the developers that add to the residential stock there are JM Housing Builders, ABA Corp, and Gaurs Group. The proposed FNG Expressway and the Noida Metro Aqua Line extension would make this area even more livable. The metro expansion will link Techzone 4 to the well-known Ecotech, while the highway will improve access to Faridabad.
Sector 16 B, Greater Noida
Sector 16 B, located in Greater Noida, is a luxury locality near Greater Noida West, Noida Extension, and Techzone-4. It boasts 400+ properties available for purchase. The area is strategically situated alongside the arterial Noida-Greater Noida Link Road, connecting to Surajpur and UPSIDC Site B. Additionally, it's near commercial centres at Sector-62 and 63, Noida.
Infrastructure-wise, Sector 16 B hosts leading hospitals such as Supertech Medicare Tower B2, Dr. Rani Ghai Hospital Pvt. Ltd., and Shankar Lal Hospital. Educational institutions like ABES Engineering College are also nearby.
The average property rate in this locality is 6,200 per square foot. Notable projects with healthy price growth include Panchsheel Greens, Shri Radha Sky Gardens, and RG Luxury Homes Phase 2. For rentals, there are affordable options below 14,000/month, mid-segment properties in the ?14,000-17,000/month range, and premium properties with rents exceeding 17,000/month. Popular housing projects for tenants include Panchsheel Greens, Shri Radha Sky Gardens, and Anthem French Apartments.
Conclusion
Greater Noida is a flourishing province with a thriving business and educational hub. It is developing rapidly with its well-planned development structure and is expected to become one of the most premium areas in NCR in the coming years. It provides buttery smooth connectivity, great investment options, exclusive amenities and superb appreciation. The future of Greater Noida is fruitful, and investing in this region will give you great returns.