Noida – Greater Noida Expressway is one of the most desirable locations for real estate investment in Noida. This region has witnessed a sharp rise in commercial, residential, institutional, hospitality, medical and sports themed/ leaning real estate.
About 10 – 15 years back one wouldn’t have expected that, this part of Noida to be converted into colonized the way, as it is these days. Development on this 25 kilometer long belt doesn’t stop, in fact, it more broadens with Yamuna Expressway (a 6 lanes & 165 kilometer long expressway). If you measure the distance from famous places in New Delhi like South Extension, Connaught Place, and Delhi University North Campus, it seems very far by Google Map Navigation & Milestones but practically if you travel to these locations from anywhere in Greater Noida Expressway you will be reached here within 60 minutes thanks to the traffic & signal free roads.
Points that magnetize investors & end users to this location are –
- Smooth connectivity to New Delhi via the Mayur Vihar Link Road, Delhi – Noida - Delhi Flyway and Kalindi Kunj
- Accessibility from prime areas of Noida, Greater Noida, and Agra.
- Full up with quality educational institutions
- Special Economic Zones, Knowledge Parks, software parks and other prime commercial complexes of NCR can be found next to the Highway – including HCL, Dell International Services, NIIT, Havells, Samsung, Logix, Jubilant Food Works Limited, Adobe System, Oracle and Genpact etc.
As well as, all of the above now you can easily encounter the construction work of Proposed Metro Corridor alongside the Noida – Greater Expressway, which is an extension from Noida City Center to Delta 1 in Greater Noida. In the coming years, people will easily agree to park their vehicle into their homes and prefer this metro corridor to travel between different parts of Delhi NCR.
So at that time, the whole stretch of the highway is now facing developments from every side, it was a big responsibility for Noida Authority to add more attraction on this boulevard of fruitful investment. Sector 150 in Noida is a result of the same; a 600 acre primarily residential region where only 20% of the total land is available for construction, rest of the land is being kept open for green landscaping, parks, and other services. The authority is also developing a Sports City & Cricket Stadium in this sector.
If truth be told, this sector has one of the biggest parks of Delhi NCR “Shaheed Bhagat Sing Park “spanning over 42 acres of land. Recently Lotus Greens Developer a well-known name in Delhi NCR Real Estate has directly bought a 300 acre of land bank in Sector 150 Noida from Noida Authority. The best thing about this 300 acres of development is that, at here about 70% of the total land is developed for sporting facilities. 29.50% out of 30% is available for the construction of residential spaces and rest 0.50% is for the commercial purpose. Feature of Lotus Greens Upcoming Development are
- 9 acre golf course
- Futuristic Smart City
- World Class Sports Academies
- Swimming pool
- Hospital
- Close Proximity from the Proposed Metro Station
- Designed as Star Rated Green Project
Key Features of Sector 150 Noida are:-
- The acceptable FAR (Floor Area Ratio) in Sector 150 Noida is 1.75 which is almost half in comparison of rest sectors in Noida.
- Underground wiring for the power cables, telecom and broadband etc.
- A link road is being developed that will directly connect to the Greater Faridabad via a bridge over Yamuna River.
- This sector is nearby both Noida – Greater Noida Expressway and Yamuna Expressway.
- Nearby Proposed Metro Station in Sector 149 Noida.
Many big names of Delhi NCR Real Estate have attracted to this sector and already launching their residential project over there. But now, investors & end users are waiting for the two big names of Indian Real Estate “Tata Value Homes” & “Godrej Properties” to launch their residential projects in Sector 150 Noida.
According to the real estate experts, recently Lotus Greens & Godrej Properties have signed a development agreement for 36 acres of land within Lotus Greens 300 acres of community. This upcoming residential project from Godrej Properties in Sector 150 Noida will have 2 & 3 BHK Apartments with premium specifications, amenities, and sports facilities. Tata Value Homes Noida is also going to launch its residential project with 2 & 3 BHK apartments in affordable housing segment with premium features & specifications.
Sector 150 Noida might be one of the last few land banks which are under development on the outer edge of Noida and nearby Greater Noida, but fact is that it has attracted consideration of numerous top regional and national players because of its excellent planning, low density, sports city, designated space for the commercial & retail development and excellent connectivity from other sectors, as well as NCR.
