Real Estate Overview of Sector 128, Noida

Noida’s Sector 128 has become a popular area for both buyers and renters, providing mixed residential options and modern facilities.

Property Prices

• Prices per square foot in Sector 128 hover between ₹12,611 and ₹13,503.
• The cost per square foot ranges widely from ₹8,849 to ₹16,710. This suggests a wide variety of choices, regardless of the budget.
• To cover specific layouts, a 1 BHK flat typically costs ₹70 lakhs to ₹1.36 crore, while a 2 BHK flat generally falls within the same price bracket.

Property Types and Configurations

• The area mainly includes apartments and villas of various sizes, including 1 BHK, 2 BHK, 4 BHK, and 5 BHK units.
• You can also find builder floors at prices between ₹3,650 and ₹15,000 per square foot.

Rental Market

• 4 BHK flats are regular sights, and they cost between ₹80,000 to ₹1.6 lac per month. Usually, these flats come with amenities like multiple AC units, gas connections, and covered parking areas.
• The rental properties tend to be in well-kept communities featuring clubhouses, golf courses, and proximity to essential facilities such as schools, hospitals, and banks.

Market Trends

• The locality has experienced a price appreciation of 24.4% over the last year and 108.7% over the past three years.
• Recently, property prices fell somewhat by 42.38% over the last year, although this drop might not represent the overall market trajectory.

Amenities and Infrastructure

• Sector 128 enjoys strategic access near the Noida-Greater Noida Expressway, ensuring good connectivity.
• The region is close enough to important places such as Jaypee Hospital, Axis House, Amity University, and various shopping and entertainment venues.

PropertyWala's Verdict

Investing in Sector 128 in Noida offers a compelling choice for both buyers and renters due to its diverse property landscape, modern amenities, and strategic positioning. Even despite some recent price changes, the long-term outlook for the area remains positive. This makes Sector 128 a desirable option for those wanting to invest or live in a convenient and facility-rich setting. Prospective buyers and renters should weigh current market trends and their individual requirements to make a well-informed choice.