Real Estate Insight: Sector 121, Noida

Noida's Sector 121 is a lively residential area, known for its mix of affordability, luxury, and convenience. This locality offers a range of options for anyone looking to buy or rent property.

Property Pricing

The cost of property in Sector 121 is quite varied. If we talk about apartments, we see average prices ranging from ₹12,385 to ₹17,000 per square foot.

• The prices can go as low as ₹1,444 per sqft to as high as ₹23,333 per sqft.
• If you’re interested in a 2 BHK flat, you might find prices from ₹35.3 lakhs to ₹96 lakhs.
• And a 3 BHK flat might cost anywhere between ₹55 lakhs and ₹1.4 crore.

Market Movements

Over the past year, property rates in this sector fell by 2.99%. However, looking back over the last decade, prices have climbed by an impressive 435.1%.

• In recent quarters, prices have picked up again, growing between 1% and 7% in sections of both 2023 and 2024.

Property Choices

What’s available in Sector 121?

• Predominantly, we find apartments.
• Specifically, 3 BHK units comprise 78% of the property supply here, followed by 2 BHK units at 17%.
• Variations are also there for those seeking 2.5 BHK, 4 BHK, or 5 BHK configurations in different projects.

Notable Projects

Some recognized projects in Sector 121 include ABA Cleo County, Homes 121, and Ajnara Convenio, which span from luxury to affordable living.

Amenities and Infrastructure

This area has strong infrastructure and a range of amenities:

• Close by are several notable schools like Well Being Special School, S. K. Inter college, and Noida International Public School.
• There are equally developed societal facilities like parks, shopping hubs, and healthcare services.

Rental Variety

Renters can choose from a broad array of spaces. Prices range widely:

• For instance, a 2.5 BHK flat might cost ₹22,000 while leasing a shop could land you at ₹49,000, depending on space and amenities.

PropertyWala's Opinion

Noida’s Sector 121 is a strong spot for property seekers and tenants alike. Thanks to a variety of choices, rising property values, and excellent infrastructure, it’s a promising region. Even though there was a price dip last year, the long-term trend is clearly upward. It's enticing for both investors and people considering long-term stays due to its blend of affordability and luxury in a well-linked residential area.