Overview of Sector 118, Noida

Sector 118 in Noida stands out as a vibrant residential area well-known in the real estate circle. This locality is prized for its strategic positioning, contemporary infrastructure, and versatile amenities.

Location and Connectivity

• Sector 118 sits close to major landmarks like the Yamuna Expressway, FNG Expressway, DND Flyway, Kalindi Kunj Road, and Delhi-Meerut Expressway.
• It’s connected well via NH-24, Dadri Road, and other major routes, ensuring easy access from Delhi and Greater Noida.
• Nearby metro stations include the Sector 52 Blue Line and Sector 51 Aqua Line, adding to the commute benefit.

Infrastructure and Amenities

• The sector features significant infrastructure, home to modern residential complexes such as Supertech The Romano, Ajnara Ambrosia, and Dream City Noida.
• Education and healthcare top the list with institutions like the Global Indian International School and SRS Multispeciality Hospital nearby.
• Local transport options, including buses, taxis, and metro services, are all available.
• The area also includes sizable green parks, shopping malls, and other recreational spots that boost the quality of life.

Property Rates and Trends

• Residential properties in Sector 118 start at Rs. 1,900 per sqft and average around Rs. 5,325 per sqft.
• The price per sqft hovers between Rs. 4,365 and Rs. 7,252.
• The market has seen a year-over-year drop in property prices by -17.61%, showing a bit of market volatility.

Rental Options

• Renters enjoy a range of 2 BHK flats here with prices from Rs. 19,400 to Rs. 24,200 monthly.
• For instance, rentals at Supertech The Romano vary from ₹19,000 to ₹36,000 per month, depending on features and decor.

Investment Potential

• Sector 118 is a great spot for investments in both residential and commercial properties thanks to its prime location and improving infrastructure.
• Proximity to commercial hubs, IT parks, and office buildings in sections 57 to 68 further boosts its investment appeal.

Residential Societies

• Key residential developments are:
  • Supertech The Romano: Famous for its Roman style design and modern conveniences.
  • Ajnara Ambrosia: Offers top-tier luxury with modern amenities.
  • Dream City Noida: Provides various housing options, including affordable 2-3 BHK flats.

Challenges and Areas for Improvement

• While it has many benefits, the sector grapples with issues like poor waste collection, broken street lights, and inadequate police presence.

PropertyWala's Conclusion

Sector 118 in Noida comes highly recommended for both buyers and renters thanks to its superior connectivity, strong infrastructure, and extensive amenities. While the property rates are appealing and the investment potential substantial, possible maintenance and safety issues shouldn't be overlooked. In summary, it's a thriving residential locality that mixes luxury, comfort, and affordability, making it perfect for those eyeing an investment or looking to call Noida home.