Real Estate Overview of Sector 79, Noida

Sector 79 in Noida is a highly sought-after area for both residential and commercial real estate investments. Let's dive into some important factors to think about:

Location and Connectivity

Sector 79 sits in a place that makes commuting super easy. It's close to main places like job centers, schools, and social services. Moreover, it's well-linked to Delhi, Greater Noida, and other parts of the National Capital Region (NCR) through roads like the Noida-Greater Noida Expressway and the Yamuna Expressway. This setup makes it attractive to residents and investors.

Property Rates and Trends

Property rates in Sector 79 tell us a lot about a thriving real estate market. Basic prices start at Rs. 10,701 per square foot, while the average price is Rs. 11,714 per square foot. Sometimes, prices even reach up to Rs. 14,227 per square foot. There's been a major growth year after year (Y-o-Y). For instance, property prices went up by 30.47% just in the last year.

Market Growth and Demand

The market for real estate in Sector 79 is growing fast. Both residential and commercial properties are in high demand, and this is due to fewer available properties and infrastructure changes. Recently, we saw property prices rise by 7% for homes and 8% for offices.

Infrastructure and Amenities

Sector 79 features modern infrastructure with sophisticated residential projects and green parks. New projects like Jewar airport and enhancements to the Noida-Greater Noida Expressway are set to raise property prices and add to the area's appeal.

Investment Potential

Sector 79 is viewed as a place with great investment potential. Annual returns are tipped to be between 15-20%, with property values rising by 10-15% every year. Apartments have a rental yield of 3-4% per year, making it an option for both short-term and long-term investments.

Types of Properties Available

In Sector 79, you'll find different kinds of properties. You can find luxury apartments, villas, and commercial spaces. There's projects like Gaur City Center providing top-notch retail and office spaces, and residential projects by the Gaur Group offering large, stylish homes with modern features.

PropertyWala's Insight

If you're planning to buy or rent property in Sector 79, Noida, you're in for a promising opportunity. This area shines because it's strategically located, experiences strong market growth, and is seeing constant infrastructure development. It's an excellent pick whether you're after a luxurious home or looking for profitable property investments. With the projects in progress and the good connections, Sector 79 in Noida stands out as a top-notch real estate destination.