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NOIDA Property Bubble

3 Comments   |   December 31, 2006    03:46pm   |Contributed by Indian Realty News

NOIDA Real EstateA 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 | 3 Comments »



3 Responses to “NOIDA Property Bubble”

saurabh Says:  |  March 31st, 2007 at 5:38 pm  

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.

Indian Realty News Says:  |  May 7th, 2007 at 10:32 am  

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

S C Jain Says:  |  September 3rd, 2007 at 5:32 pm  

I am looking for 3BHK preferably in Delhi or adjoining area