Location Sector 74, Noida, stands out as a desirable and expanding area that provides a blend of homes and infrastructure, making it an appealing choice for both owners and tenants.

Property Prices and Trends In this sector of Noida, properties average about ₹8,150 per square foot, with prices spanning ₹3,450 to ₹8,700 per square foot for apartments.

• Over the past year, the property market has appreciated by a hefty 14.8% to 25.48%, showing a robust growth pattern.
• In the past 5 and 10 years, the area has seen substantial appreciation rates of 69.8% and 34.4%, respectively.

Property Types and Configurations This location mainly features various apartment configurations such as 1 BHK, 2 BHK, and 3 BHK units. The 3 BHK units are especially popular here.

• The prices across apartment types vary widely, with 1 BHK flats priced from ₹33.68 lakhs to ₹84.1 lakhs and 2 BHK flats also in similar price brackets.

Connectivity and Infrastructure You'll find good links to Sector 74 because it's near metro stations, specifically Noida Sector 50 and Sector 51. Additionally, extending the Noida Metro Aqua Line to Knowledge Park 5 will boost access to Greater Noida West.

Rental Insights Renters can expect average monthly rents from ₹24,000 to ₹49,700. There are numerous rental choices, including affordable, mid-range, and premium properties.

• Over ten affordable options are available with rents below ₹23,000 each month. Mid-range properties count almost 120, costing between ₹23,000 to ₹28,000 monthly. More than 230 premium properties rent out for above ₹28,000 per month.

Challenges and Amenities Although Sector 74 has many benefits, it does tackle problems such as traffic and parking. It also deals with water and garbage on the roads. Despite these issues, this sector is home to several popular housing societies like Grand Ajnara Heritage, Supertech Cape Town, and Supertech ORB, offering many lifestyle amenities.

PropertyWala's Conclusion

Investing in or living in Sector 74 Noida is a solid option given its notable price rise, strong connectivity, and array of home options. Although the area faces a few infrastructure challenges, its overall growth and amenities make it a good choice for people looking to buy or rent. The wide price range and different layouts cater to different buyers and tenants, making it a vibrant and flourishing real estate market.