[ecis2016.org] Sector 50 is a residential neighbourhood in Noida that lies in close proximity to Delhi and has prominent residential properties newly launched and developed by reputed builders in Northern India.
Sector 50 is a neighbourhood belonging to the New Okhla Industrial Development Authority, more
You are reading: Sector 50 Property Market: An Overview
commonly known as Noida. It is part of the NCR (National Capital Region) of India and is rated to the
greenest city in India. The township has emerged as a well-planned urbanised city well-connected to
Delhi and nearby cities in Northern India. Noida received many awards for its fine planning,
infrastructure and housing. Recent surveys have also revealed that Noida is the next best realty
destination after Mumbai. With numerous large companies and multinationals setting up offices and
offering employment to people in Noida, real estate in Sector 50 and all other parts of Noida are on
the rise.
Connectivity with nearby Sector 50 localities:
Sector 50 is very well connected to Delhi and nearby areas of Delhi. Availability of public transport
through the Uttar Pradesh State Road Transport Corporation (UPSRTC) and Delhi Transport
Corporation (DTC) ensures smooth connectivity for the residents.
Employment hubs near Sector 50:
Some of the major offices that can be found in Sector 50 include
Flex Factory
Tech Mahindra
Adobe Systems India
NTPC Ltd.
BGR Energy System Ltd.
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Schools in Sector 50 and other social amenities:
There are a few well-known schools in and around Sector 50 such as –
Ryan International School
Cambridge Senior Secondary School
Apeejay School
Sector 50 also has some reliable healthcare facilities for its residents. Some of the hospitals in Sector
50 include –
Max Hospital
Apollo Hospital
Indraprastha Hospital
Leading banks operating in Sector 50 are –
ICICI Bank
Axis Bank
State Bank of India
Sector 50 is also home to some very popular shopping malls such as The Great India Place, Centre
stage Mall, The Spice World Mall and Garden Galleria. Apart from shopping, residents of Sector 50
can also indulge in recreational activities by visiting nearby sites like the Kalindi Bird Sanctuary, Golf
Course, Country Club, Worlds of Wonder and Gautam Buddh Park.
Physical Infrastructure in Sector 56:
The newly proposed FNG (Faridabad-Noida Expressway) is under development and is expected to
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improve the connectivity between Noida and Faridabad.
Vihar Railway station is the nearest station located 13.5 km away via the Chaudhary Charan
Singh Marg
Hazrat Nizamuddin Railway Station is located 15km away (via DND Flyover)
City Centre is the nearest metro station to Sector 50, located 2km away (Via Block D Road)
which connects the neighbourhood to rest of Noida and Delhi
Indira Gandhi International Airport is located 30.5km away (via Ring Road)
Price trends in Sector 50:
Owing to its strategic location, property and apartments in Sector 50 are high in demand. Average
price of flats in Sector 50 have been estimated to be around Rs. 6685 per sq. ft. with prices ranging
between 950 sq. ft. to 4464 sq. ft.
Reasons to invest in Sector 50:
There are several well-known and reputed builders in Sector 50 having launched their projects,
some having already been completed. Some of the top builders include Amrapali, Omaxe, Greens,
Mahagun and TGB Group and prominent residential properties completed by them include Exotica,
Meghdutam, Twin Tower, Maple, Morpheus, Maestro and Eden Park. Property in sector 50 is much
sought after because of its location, easy accessibility to Delhi and surrounding areas and also
because Noida has grown into a well-equipped residential as well as commercial township. This
makes investment and prospects of return much better for most people.
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Category: Lifestyle
