Metro connectivity has been one of the major harbingers of the real estate boom. Once the metro connectivity is planned, the cities have witnessed a rise in land value, change in land usage and densification along the land parcels adjoining the metro network. The upcoming Noida – Greater Noida metro expansion is also well placed for a real estate boom. This metro route will commence from Sector 71, which falls to the Noida City Centre – Sector 62 metro expansion.
The initial portion of Noida – Greater Noida metro comprises of Sector 50, 51, 52 and 53. These sectors are relatively costlier segment of the metro corridor. Several residential projects have been delivered and many are under construction in this portion. While if we move forward to Sector 75, 78 and 79, the residential projects fall under the affordable category of housing sector.
We will then turn towards Noida Expressway through Bhangel Road. Soon after a metro station in the intervening portion of Sector 82 and 83, Sector 137 is planned to have a metro station. This portion is bustling with residential activities. Many near to possession homes are available in this section for buyers. A 25 acre Infosys campus (Sector 85) and commercial project Alphathum (Sector 90) are the latest events which have boosted the real estate in the area.
Moving ahead, we can access to Sector 143 and its adjoining land parcels. Many renowned developers have launched numerous residential projects in this area. The upcoming FNG Expressway has also been evaluated as the catalyst for real estate boom in the area. It shall operate through the close proximity of Sectors 143, 144 and147, reducing the travel time to Faridabad. Residential projects like Nimbus Golden Palms are available for interested buyers to cash in the opportunity here.
Sector 153 will also be priceless as it is enveloped by all happening locations like Sector 150, 156, 157. The former Sector 150 is planned to be developed with immense lush green parks with over 80 percent greens. A fair number of residential projects are surfacing in this sector, placed amidst several sports facilities like cricket stadium, golf course and much more. This region shall be developed as a low density sector. The latter, Sectors 156 and 157 are reserved for SEZ’s where many MNC’s will be nestled very shortly.