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What makes Sector 150 an investment Hotspot

noida-150This sector located along the Noida Expressway Property has all the basic civic amenities and has seen several project launches in the past one year

Buying property is all about location. And Sector 150, located along on the Greater Noida Expressway, is a great option.

“Sector 150 is one of the upcoming areas in Noida because all the basic civic amenities are present and the area has seen several new launches Projects , Lotus Greens Tulip Sports City  in the past one year,” says Syed Shakeel Hussain, a senior official at AMR infrastructure.

Green cover
“Noida Sector 150 is developed over 600 acres of land and is expected to be one of the greenest sector of NCR with 80 per cent green cover with 42 acres of parkland demarcated,” says Ravindra Gupta of Sumangalam PropMart, a Real estate broker in Noida. “This also includes a planned golf course and sport facilities funded by the UP government.”

 

Electric cabling
Sector 150 is also being developed as the first NCR sector without any overhead wiring. Noida Authority has allocated funds for underwire cabling thorough RCC ducts for power, internet and telephone lines.

 

Investment options


According to HappyKeys data, the sector has the presence of several leading developers such as Mahagun, Lotus Group, ATS and Ajnara.

The micro-market has a diverse range of offerings catering to a wide-segment of budgets.

“Besides 2 BHK, Sector 150 also offers one of the largest number of 3 BHK options,” says Gupta.

Prices, according to HappyKeys, vary between Rs 80-1.2 crore for a 3 BHK for a unit size of 1,500-1,800 square feet. A 2 BHK can be bought at an average price of Rs 40-60 lakh for a unit size of 1,050-1,260 square feet.

“One thing buyers need to keep in mind when investing here is that the area will be ready for living only after 2-3 years. Though price appreciation is guaranteed, it is also speculative, and will depend upon factors such as completion of the project and planned infrastructure on time,” says Hussain.