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NOIDA Property Bubble
| December 31, 2006 |    (5 votes, average: 2.4 out of 5) Loading ... |
A known part of the National Capital region, Noida enjoys the status of being the largest planned industrial city of Asia. For the last decade, a number of commercial spaces have come in here. Driven by an exceptional growth in the economy and large scale investments in IT, ITes, and BPO sector, real estate in Noida is ostensibly flourishing.
Noida boasts of a phenomenal demand for residential units, in addition to massive commercial and retail space demand. Adding to the demand for dwelling units in Noida is number of factors that include presence of world class brands like Ebony, Lee Cooper and Flying machine. The industrial city also features an array of happening places to hang around with Sector 18 known as the “heart of city” and often touted as the “South Extension of Noida”.
Property rates in Noida have more than doubled because of the soaring price of land here. The boom in the property sector has attracted several potential investors, all set with their deep pockets to gain high returns. While naysayer may say that the people have invested with the prospect of digging gold in mind, they may not be wrong after all.
If you are scouting for the most productive land in Noida for your investments, take a look at the below chart to get to know about the property rates in Noida at a glance.
NOIDA Property Rates
| Location | Flat Rate (Rs/Sqft) | Plot Rate (Rs/Sqft) | House Rate (Rs/Sqft) |
|---|---|---|---|
| Sector-1 | 2375 - 2250 | 1900 - 2250 | 6650 - 8550 |
| ector-12 | -- | 4275 - 4500 | -- |
| Sector-15 | -- | 13300 - 14850 | -- |
| Sector-19 | 2945 - 4950 | 5700 - 5490 | 5605 - 7200 |
| Sector-20 | -- | 5320 - 5490 | 2850 - 7650 |
| Sector-21 | 2375 - 4050 | -- | -- |
| Sector-22 | -- | 475 - 540 | -- |
| Sector-23 | -- | 4750 - 5400 | -- |
| Sector-25 | 2375 - 4050 | -- | -- |
| Sector-26 | 3515 - 3420 | -- | 4465 - 5580 |
| Sector-27 | 2945 - 4950 | 5225 - 5850 | 5415 - 5220 |
| Sector-29 | 3610 - 3510 | -- | -- |
| Sector-30 | -- | 4750 - 4590 | 5225 - 7380 |
| Sector-31 | -- | 2850 - 5400 | 5225 - 6300 |
| Sector-33 | -- | 6080 - 5850 | -- |
| Sector-34 | 3800 - 3690 | -- | -- |
| Sector-36 | 6840 - 6570 | 4845 - 5040 | 6745 - 6480 |
| Sector-37 | 3040 - 3150 | -- | -- |
| Sector-39 | -- | 5225 - 5040 | 6650 - 76500 |
| Sector-40 | -- | 3800 - 4680 | 6175 - 9450 |
| Sector-41 | -- | 5225 - 7470 | 475 - 9450 |
| Sector-43 | -- | 4275 - 4950 | -- |
| Sector-44 | -- | 3325 - 6750 | 8835 - 11700 |
| Sector-46 | -- | 3515 - 4500 | -- |
| Sector-47 | -- | 2850 - 4950 | 6840 - 9450 |
| Sector-48 | 2375 - 3600 | 3040 - 27900 | 5700 - 5850 |
| Sector-49 | -- | 4750 - 4590 | 4845 - 4680 |
| Sector-50 | 332.5 - 6300 | 3230 - 5400 | 3230 - 3150 |
| Sector-51 | -- | 950 - 4500 | 3325 - 6300 |
| Sector-52 | 2850 - 4050 | 3515 - 4590 | 6650 - 9450 |
| Sector-53 | -- | 2850 - 4500 | -- |
| Sector-54 | -- | 3800 - 4500 | -- |
| Sector-61 | 2850 - 3600 | 3515 - 4590 | 3135 - 3150 |
| Sector-62 | 2755 - 6957 | 1235 - 1260 | 3325 - 3600 |
| Sector-63 | -- | 1900 - 2700 | -- |
| Sector-71 | 2090 - 3150 | 3800 - 43200 | -- |
| Sector-72 | -- | 2850 - 4050 | -- |
| Sector-82 | 1900 - 3690 | 4750 - 6300 | 3610 - 3510 |
| Sector-92 | 3800 - 5400 | 3800 - 4500 | -- |
| Sector-93 | -- | 2850 - 3600 | 3040 - 4050 |
| Sector-105 | -- | 2850 - 5490 | -- |
| Sector-108 | -- | 3515 - 3780 | -- |
| Sector-110 | -- | 4275 - 4950 | -- |
| Sector-122 | -- | 2850 - 4050 | -- |
** Price as per the market value in Dec 06
** Property Rates are subject to change due to market vagaries and may differ by virtue of location and project, depending and facilities and other factors.
News Published Under: Noida, Property Prices |
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the rates quoted in the above chart are not correct, infact i would have bought two instead of one property had this been the case.
Dear Readers,
We thank you for your quick response and productive suggestions. The city specific articles give you additional information on prevailing real estate trends and are intended to assist you in finding answer to your queries.
We have tried our level best to scout every reliable source to provide you with the correct data for property prices that you can count on. If you have any information to bring the improvements in chart, add your suggestions to the comment section.
Thanks
Editor
I am looking for 3BHK preferably in Delhi or adjoining area