Demand has skyrocketed considerably for residential flats in Noida. Homebuyers are taking their pick from several configurations, right from a 2 BHK flat in Noida to 3 BHK flats in Noida and others. The city is witnessing an infrastructural boom, and this has led to skyrocketing commercial and industrial growth.
It has naturally propelled the demand for residential projects, with more investors and end-users looking to buy flat in Noida with an eye on quality living and future appreciation prospects. Sector 150 is one of the top destinations for real estate investments currently, riding on the wave of a flurry of infrastructural investments. Here’s exploring the same in this article.
Sector 150 Gains Ground with Rapid Infrastructure Development
Sector 150 has steadily transformed into a coveted destination to purchase property in Noida. From a 3 BHK flat in Noida to a 2 BHK flat for sale in Noida, there are several options available for buyers across leading real estate projects in the city. Here are some of the key infrastructural developments that have contributed towards Sector 150’s real estate boom in recent years.(Source)
- Sector 150 was the first sector in the National Capital Region (NCR) which was taken up for eliminating overhead wiring. All types of wires were set up underground.
- It was also the first in the entire state to have set up core infrastructure for IT and ITeS to enable better work and play for its residents.
- Sector 150 is also regarded as the greenest sector in the city. This has naturally driven several families and young professionals to buy 2 BHK flat in Noida, especially since Noida 2 BHK flat prices are already on an upswing due to higher demand.
- Sector-150 has been built over 600 acres of land, with 80% being a green area. One of the country’s biggest parks has come up here over 42 acres. A Sports City is also being developed in the locality, which will establish cutting-edge sporting infrastructure and facilities for both wellness enthusiasts and professionals alike. (Source)
- Many people are now looking to buy flat in Greater Noida, especially in or around Sector-150. This is because it is located at the Noida Expressway’s southern edge. It offers easy access to the Noida-Greater Noida Expressway.
- The YEIDA (Yamuna Expressway Industrial Development Authority) has also started inviting bids for the development of a film city covering 1,000 acres near the upcoming Jewar Airport.(Source)
- The Noida authority will also develop an elevated road of 35 kilometers along the Yamuna River to enhance connectivity between Greater Noida and Noida. This road will decongest the Expressway and also easily link Noida to the Jewar Airport. The road will also be connected to the 5.96 kilometre elevated road to Mahamaya Flyover from Mayur Vihar in Delhi. This 35 kilometre road will conclude near Sector 150 and begin at the Kalindi Kunj Barrage.(Source)
- The Jewar International Airport is the biggest developmental catalyst for Sector 150 and is expected to start functioning in end-2024. This is already attracting sizable commercial interest in the region, with several office, industrial, retail, and other projects set to follow.(Source)
- An international cricket stadium is also planned for Sector-150. It will have a diameter of 137.6 metres while accommodating 40,000 spectators.(Source)
- The FNG (Faridabad-Noida-Ghaziabad) Expressway is another infrastructural game-changer, passing through Sector 150 and connecting the National Expressway 3/Delhi-Meerut Expressway to the Noida-Greater Noida Expressway.(Source)
Taking stock of these widespread infrastructural developments, Sector-150 has naturally transformed into one of the best places to purchase flats in Noida. There are several premier residential projects being developed in the area by top real estate brands, while several commercial projects are also in the works. Sector-150 is located in close proximity to the Jewar Airport and once it starts operating, the entire area will witness further price appreciation and residential demand.
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