Overview of Sector 123, Noida

Sector 123 in Noida, part of Gautam Buddha Nagar district in Uttar Pradesh, India, offers a mix of calm living and modern infrastructure.

Location and Connectivity

• Close to Sectors like 51, 50, 52, 59, 61.
• Connects well via many roads and expressways. These include Noida-Greater Noida Expressway, Dadri Road, Yamuna Expressway, DND Flyway, Kalindi Kunj road, and the Delhi-Meerut expressway.

Infrastructure Development

• We have advanced transport systems with metro stations nearby like Noida Sector 51, Noida Electronic City, and Noida Sector 61.
• Local transport facilities are plentiful.

Social and Infra Amenities

• Wide range of amenities in Sector 123. These include schools like Indus Valley Public School, Mohan International School, Jaypee Institute of Information Technology, colleges, shopping malls (Garden Galleria Mall, Wave Mall, DLF Mall of India), parks, restaurants, cafes, banks, ATMs, petrol pumps.
• The medical facilities come from hospitals like Tripathi Hospital, Om Hospital, and Supertech Medicare Tower B2.

Proximity to Major Employment Hubs

• Near several commercial and business hubs like Candor TechSpace, GM IT PARK, Majestic Knowledge Boulevard, and Logic Techno Park. This makes it strategic for working professionals.

Real Estate Market

Property Rates

• The average rate in Sector 123 Noida is ₹1,889 per square foot. It has grown by a 1.87% year-on-year.

Types of Properties

• You find residential apartments, builder floors, and plots here.
  • Projects like Gayatri Vatika, Ivory County, Eldeco Edge, Balaji Enclave. They offer choices like 2 BHK and 3 BHK apartments.

Rental Market

• High rental demand in Sector 123. It’s close to metro stations and commercial centers.
  • Rental for 3 BHK can start from ₹55,000 for flats with amenities such as wardrobes, ACs, gas connections.

Upcoming Projects

• Several upcoming RERA-approved projects in and around Sector 123. They provide modern amenities and promise capital appreciation. Examples are M3M The Cullinan and M3M The Line in nearby sectors.

Pros and Cons

Advantages

• Capital appreciation and good rental yields.
• Strong connectivity to key employment hubs and major landmarks.
• Advanced transportation and metro systems.
• Various social amenities.

Challenges

• Traffic jams peak hours on highways.
• Problems with parking in residential areas.
• Loud noise pollution from roads and markets.
• Waste management and cleanliness issues in some areas.
• Need for better security in some spots.

PropertyWala's Conclusion

Sector 123, Noida, is appealing for buyers and renters. It offers a mix of living comforts and modern facilities. It has good connectivity, nearby employment hubs, and a rising real estate market. Yet, it’s important to think about challenges like traffic and noise pollution when choosing. Overall, Sector 123 is a smart investment in Noida.