The demand for world-class infrastructure and attractive deals offered by developers from NRIs have been growing steadily in Noida. Over the past few years, Noida’s property market has succeeded well with the latest residential and commercial centers. NRIs in general, are now seeking to invest and buy property in Greater Noida to get better returns and for self-occupancy as well.
The upcoming Jewar Airport has now further added more value to this region, which will enable direct access to international flights from Noida. This project is just a mere example of how Noida would not only flip infrastructure but it will also attract NRI investments. Therefore, here are some of the top locations for NRIs to have residential and commercial properties in Noida.
Sector 37
Sector 37 is located in a prime location of the residential hub in Noida. The place is situated near the arterial road of Captain Vijayant Thapar Marg. With this, the area is considered to be a safe investment zone that provides ready-to-move-in homes. The maximum housing configuration in this locale is 3 BHK or above, while it fulfills the requirements of NRI buyers.
Sector 37 is close to famous Atta and Brahmaputra Markets, and Botanical Garden Metro Station. This place attracts many NRI investors, as most of the retired personnel of the Armed Forces are residing in the area. The average home value in Sector 37 is Rs 7,400 sq ft.
Sector 93
Being Just a km away from the Noida-Greater Noida Expressway, Sector 93 is located in the Southern part of Noida. This place provides great proximity to many locations such as Express Trade Tower, Advant Navis Business Park, and Infospace. Furthermore, the new Sector 83 Metro Station is about 15 minutes away from the Aqua line that works as a key USP of this locality. The average price of the property is 6,850 per sq ft, while the monthly rental income for 2 BHK would be around Rs 22,000.
Sector 143
Sector 143 (Sikka Karnam Greens) is considered to be a lucrative prospect for NRI investors as it provides great connectivity and well-developed infrastructure. The place is situated along the Noida-Greater Noida Expressway and has its metro station on the Blue Line. Many reputed builders such as Gulshan Group, Ajnara India, and Exotica Housing have built their residential projects while providing great proximity to their residents. The area has got several ready-to-move-in properties, especially 2 and 3 BHK apartments.
Sector 78
As of now, Sector 78 has generated an annual rental yield of 3.2 % in Q4 2021 in Noida. Generally, rental yield is crucial for NRI investors who usually plan to let their property out for rent instead of keeping them idle. Though there are many commercial and industrial hubs in Sectors 62 and 63, this area is mostly filled with 2 BHK units. Furthermore, Noida Development Authority (NDA) has developed many projects especially in Sector 78 (Sikka Karmic Greens), that include Himgiri and Aravali Apartments. The area generally consists of average property rates at Rs 6,200 per sq ft.
Sector 135
Sector 150 is among the best areas in Central Noida that consist of luxurious housing developments. Many reputed builders such as Ace Properties, ATS Group, Godrej Properties, and TATA Housing are present in this region. Sector 150 is amongst the top-rated area for being the safest place in Noida.
There are many RERA-registered projects in high- and mid-income segments that have added great value to the place. The place is spread over 600 acres, while it has a huge 42-acre park, which is regarded as one of India’s biggest parks. Though, the average price of the property in the area is around Rs 6,400 per sq ft.
