Sector 150 in Noida (New Okhla Industrial Development Authority) is steadily witnessing infrastructural progress and this has contributed to its new found status as a coveted residential housing destination. Premium projects like Godrej Nest are coming up at Sector 150 and the area has become a major commercial cum IT hub as well. The locality is strategically situated along the Noida-Greater Noida Expressway. The area is home to huge green spaces and the authorities have ensured that 80% of the total 600 acres of land comprise of abundant natural greenery. 42 acres of land have been allotted specially for building community parks and other recreational areas.
Sector 150 is also home to several shopping centres, educational institutions and leading hospitals. There are several integrated townships and other residential projects being built here along with mixed-use projects and commercial structures. Sector 150 offers easy access to the Noida Expressway, FNG (Faridabad-Noida-Ghaziabad) Expressway, Yamuna Expressway and the Eastern Peripheral Expressway. Sector 150 is also well connected to the Indira Gandhi International Airport, Connaught Place and the New Delhi Railway Station.
The Ajaibpur and Dadri railway stations can be accessed within a radius of 20 kilometres and there is the metro network covering both Noida and Greater Noida. Sector 150 is located around 46 kilometres away from the Indira Gandhi International Airport. Sector 150 is witnessing a large number of project launches over the last few years. Several units are already ready for possession and several projects are going to be completed shortly. There are good prospects for price appreciation in this residential micro market as well due to infrastructural developments.
Prices have already increased in the recent past and may go upwards again. Taking into account the connectivity options, flourishing commercial zones, multiple residential projects and the Noida-Greater Noida metro network along with the availability of abundant green spaces, Sector 150 makes for a great investment bet in Noida. Property prices are also quite competitive in this area till now and this is another factor attracting homebuyers in large numbers.