[ecis2016.org] Noida Sector 62 is a residential, as well as commercial area. Here’s what you must know, if you are considering this region for property investment
Over the years, there has been a lot of interest in Noida Sector 62, among investors and home buyers. Given the location’s potential, the area is easily one of the most promising and fast-moving localities in the National Capital Region (NCR). The fact that it is well-connected to Delhi and Greater Noida, makes it more attractive. If you are considering Noida Sector 62, this is what you must know.
You are reading: Noida Sector 62: Things to know, before buying a property here
Property in Noida Sector 62
If you are looking to buy a property in Noida Sector 62, the residential mix consists of apartment units, independent floors and plotted development. Only a few studio apartments and duplexes are available. While plots for sale start at Rs 4 lakhs, the price of flats for sale in Noida Sector 62 will start at Rs 15 lakhs and can go up to Rs 2.50 crores. Do note that there are 1RK (room-kitchen) units, as well as lavish 4BHK apartments currently on sale.
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Average price of property in Noida Sector 62
Source: ecis2016.org , Average per sq ft value in Noida- 62
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Property for rent in Noida Sector 62
For those investing for rental returns, flats on rent in Noida Sector 62 can fetch handsome rental yields. Depending on the exact location of the property, 1RK units can fetch you Rs 5,000 per month while a bigger home, that is 2BHK-4BHK units, can command as much as Rs 14,000 – Rs 50,000 per month.
Average rent in Noida Sector 62
Source: ecis2016.org , Average rent in Noida- 62
Local transport and connectivity in Noida Sector 62
Sector 62 enjoys good connectivity with other strategic locations in Noida and Delhi. In 2012, the Delhi Transport Corporation buses also extended their service to this area, which came as good news for those travelling to west Delhi for work. Later, the Delhi Metro’s Blue Line was also extended to serve Sector 62 Noida.
The distance from Sector 62 to the Indira Gandhi International Airport is 30.7 kms, while the Hazrat Nizamuddin Railway Station is at a distance of 14.3 kms. There are several bus stops, which help to connect to other places.
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Metro connectivity in Sector 62, Noida
Employment hubs near Noida Sector 62
There are a number of companies that have setup bases in Noida Sector 62. Embassy Galaxy Business Park, bank branches, IT companies, educational institutions such as the IIM campus of Jaipuria Institute of Management, etc., are in the vicinity. Due to good connectivity via the metro rail, the locality attracts home buyers and tenants, who may be employed even in other parts of Delhi, Gurugram and Noida.
Social infrastructure in Noida Sector 62
The famous schools in this area include Mother’s Pride and Udai Pratap Public School. The hospitals in Sector 62 include Fortis Hospital. The banks in Sector 62 are ICICI Bank and HDFC Bank. City Plaza Shopping Complex and SRS Value Bazaar are the shopping malls in Sector 62. Restaurants in Sector 62 are Domino’s Pizza and Café Coffee Day.
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Liveability in Noida Sector 62
Liveability is derived from various reviews based on lifestyle, amenities, commute, popularity of the locality, etc. As per ecis2016.org, Noida Sector 62 enjoys a liveability score of 3.68 on a scale of five.
Can I find villas for sale in Noida Sector 62?
As compared to the supply of apartments in Noida Sector 62, there are very few villa projects in the locality and its vicinity.
What is the range of per sq ft value in Noida Sector 62?
You have properties in every price range, starting from Rs 1,700 per sq ft in case of affordable properties, to as much as Rs 12,000 per s ft, when it comes to luxury properties.
What is the average rent in Noida Sector 62?
One can find properties for rent in Noida Sector 62 from Rs 5,000 per month to as high as Rs 50,000 per month.
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