Investing in a property in Noida Extension offers a compelling opportunity for both home buyers and investors, given its location, connectivity, and infrastructure developments. Here’s an in-depth look at what makes this area so appealing.
Strategic Location
Set in the centre of Greater Noida West, Sector 12 is easily accessible to the major urban centres: Noida, Greater Noida, Ghaziabad, and Delhi. Its central positioning heightens its attraction to families and professionals alike since it offers a suburban lifestyle with accessibility to the bustling metropolitan.
Proximity to Major Highways
If you’re planning to buy a flat /commercial space in Noida Extension, you can expect these benefits from the region’s closeness to several key highways:
FNG Expressway ~11 km (~16 min): Faridabad, Noida, and Ghaziabad are connected by this expressway and is the major factor that significantly reduces travel time between these regions.
NH-24 ~13 km (~24 min): The National Highway 24, which connects Delhi with the eastern portions of Uttar Pradesh, provides commuters with smooth transit.
Noida-Greater Noida Expressway ~16.8 km (~28 min): This major expressway adds smooth connectivity between Noida and Greater Noida, helping simplify the daily commutes.
Yamuna Expressway ~19.4 km (~27 min): The expressway which connects the cities of Delhi, Noida, Mathura, and Agra, is a key artery for people going west of Uttar Pradesh.
These highways facilitate commuting and enhance the overall connectivity of Sector 12 to other parts of its surroundings.
Easy Access to Delhi and Surrounding Areas
Sector 12 Greater Noida West offers convenient travel options to key locations:
- ~10-minute drive to the upcoming Metro Station.
- ~15-minute drive to the Delhi-Meerut National Highway.
- ~40-minute drive to the upcoming Jewar Airport, which is expected to become operational soon.
This accessibility makes it a perfect fit for people working in Delhi or around the area. It allows them to live in a serene place yet be close to their work.
Overview of On-going Infrastructure Projects
A major factor for the desirability of Sector 12 is the growth of infrastructure in the region. Some of these factors include the following:
Noida-Greater Noida Metro Rail: The upcoming metro line will further improve public transport options, making it easier to commute. It should also help attract more residents and businesses to the area.
FNG Expressway Construction: Upon completion, the expressway will provide better connectivity with Faridabad, Ghaziabad, and Noida, further increasing the desirability of investment in Sector 12.
Direct Access Roads: The new 130-metre-wide road being built between Sector 12 and Kalindi Kunj will provide a direct link to Delhi, further reducing traffic congestion.
Jewar International Airport: This airport is expected to become a major transportation hub in the region when it begins operation in April 2025. Due to this proximity, property values and demand for residential and commercial spaces are likely to increase.
Investment Potential
Housing investments have become quite prominent in Greater Noida West. Also known as Noida Extension, this region is a real estate hotspot, especially in the residential and commercial sectors, where there has been much development.
Real Estate Boom
Magicbricks’ ‘State of the Market’ report reveals that Greater Noida West (Noida Extension) has the highest supply and rental growth in Greater Noida, with capital values rising 21.62% and rental growth at 13.15% year on year. Supply in the area is growing at the highest rate compared to other areas in Greater Noida, indicating a strong demand for housing and apartments in Noida Extension.
Growing Demand for Residential Properties
According to projections, the Greater Noida West will have 12 lakh residents in the coming years, and there is a burgeoning demand for housing. According to a Magicbricks report, the trend of 3 BHK units being the top home buyers’ choice in Greater Noida has been going strong. In Q1, 45% of demand was for 3 BHK units, which rose to 57% in Q2.
Medium-sized apartments form 49% of the demand share and are the most preferred size by many home buyers from Greater Noida.
Source: Magicbricks Research
Long-Term Appreciation
In the past five years, property values have risen approximately 115.3%, showing a firm upward trend that indicates continued demand and interest in investment.
Greater Noida West is fast becoming an investor’s favourite due to its potential for future appreciation. Property values will grow as ongoing infrastructure projects and a growing population continue. Affordability, robust demand, and strategic location make it a profitable real estate investment area.
Conclusion: In order to cater the commercial market demand NIRALA GROUP also looking to add the commercial portfolio in Noida extension .