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About Properties In Sector 124, Noida for Sale
Overview of Sector 124, Noida
- Sector 124 in Noida is located at the starting point of the Noida-Greater Noida Expressway.
- The locality is currently in the development stage, with modern infrastructure and real estate experiencing aggressive growth.
- Sector 124, Noida, is a high-end residential area that consists of residential, commercial and institutional set-ups.
- This locality shares its borders with high-profile neighbourhoods like Sector 94 and Sector 125.
- The pin code of Sector 124, Noida is 201301.
Sector 124, Noida Residential Market Insights
- The average property prices in Sector 124 range between ₹15,000 and ₹31,000 per sq. ft.
- The average price of a 1 BHK apartment in Sector 124 ranges from ₹90 lakh to ₹99 lakh.
- The average price of a 2 BHK apartment in Sector 124 ranges from ₹99 lakh to ₹1.5 crore.
- The average price of a 3 BHK apartment in Sector 124 ranges from ₹5 crore to ₹7 crore.
- The average price of a 4 BHK apartment in Sector 124 ranges from ₹10 crore to ₹20 crore and more.
- The average rental price of apartments in Sector 124 ranges between ₹55,000 and ₹1,50,000 and more.
- Both ready-to-move and under-construction homes are available here.
- The price of the apartments varies depending on the type of project, location, road width and amenities.
Connectivity and Transport In Sector 124, Noida
- Sector 124, Noida, is located at the central point of the Noida-Greater Noida Expressway.
- It is within a 5-minute distance from the DND Flyway to South and Central Delhi.
- Some of the major roadways in the neighbourhood include Kalindi Kunj Road, Dadri Main Road, Link Road and Vishwakarma Road.
- Its location is very convenient as there are two metro stations, namely Okhla Bird Sanctuary and Botanical Garden, which are just a few minutes away.
- The nearest railway station is Nizamuddin Railway Station, which can be reached in 15-20 minutes by driving through the DND Flyway.
- The Indira Gandhi International Airport is located about 1 hour's distance from the area.
- The locality is close to various important bus stops such as the bus stop on the Noida-Greater Noida Expressway, Amity University bus stop and Mahamaya Bus Stand.
Social Infrastructure In Sector 124, Noida
- Sector 124 Noida is surrounded by premier educational, medical and entertainment districts.
- Lotus Valley International School, Mayoor School, Gyanshree School, Pathways School Noida, and Amity International School are located just 5-10 minutes away from the vicinity.
- Top-tier hospitals like Bhardwaj Hospital and Metro Multispeciality Hospital are reachable within 10 minutes.
- The area is situated around 2 km away from Noida’s DLF Mall of India and the Wave Mall.
- Everyday shopping requirements are fulfilled by high-street and multi-brand retail outlets.
- Okhla Bird Sanctuary is famous amongst the residents.
Employment Opportunities In Sector 124, Noida
- Sector 124, Noida, is integrated with various IT Parks and commercial zones as it is situated adjacent to Sectors 125 and 126.
- The area hosts massive global corporations and IT giants, including HCL, Tech Mahindra, Tata Consultancy Services (TCS), Adobe, and Bosch.
- The locality is just a 5-10-minute drive away from the commercial high street of Sector 18.
- The area has an immediate business zone that creates a massive talent pool looking for premium housing close to work.
- The presence of Grade A offices in the locality has pushed up the rental values in Sector 124, Noida.
Lifestyle in Sector 124, Noida
- People who live in Sector 124 enjoy an elegant and contemporary lifestyle.
- It is a locality with a brisk culture, which contrasts with the diversity of the Delhi-NCR area.
- The sector has direct connectivity to all the top shopping destinations, such as DLF Mall, within 2-3 km.
- The culinary scene in the surrounding include United Coffee House, Berco's, and Yum Yum Cha.
- Corporate professionals in this sector often hang out at Sassy Oscar, Toy Boy, and Noida Bar Exchange.
Safety and Security In Sector 124, Noida
- Sector 12 falls under the Noida Police Department, and it is heavily supported by the Sector 39 Police Station.
- The sector contains VVIP corporate headquarters, premium educational institutions and luxury residential projects.
- The sector has a regular 24/7 PCR van patrolling that ensures a secure environment.
- The entire sector features well-lit, wider roads with modern LED streetlights that provide excellent visibility.
- The entire sector features well-lit, wider roads that have modern LED streetlights that provide excellent visibility during nighttime.
- All the parts of the locality are monitored by 24/ CCTV cameras.
Development and Future Prospects In Sector 124, Noida
- The metro expansion route is proposed directly in Sector 124, Noida.
- Noida International Airport operates and serves as a critical starting point towards Delhi.
- Noida authorities aim to introduce a parallel link network to stop heavy traffic on the Noida-Greater Noida Expressway.
- Sector 124 has recently opened the Jewar Airport.
- The upcoming major infrastructure upgrade is pushing both property prices and rental demand.
Culture and Community in Sector 124, Noida
- Sector 124 is shaped by a mix of corporate professionals, high-earning members and experts.
- The locality is strategically situated at the entry point of Noida, which has a highly diverse sector of people from different parts of the country.
- Residents have proximity to popular spots like the Balaji Temple and Shri Radha Vallabh Temple.
- Residents like to visit the Okhla Bird Sanctuary for peaceful walks and environmental events.
Environmental factors in Sector 124, Noida
- Sector 124 features a low-density surrounding filled with lush greenery.
- The neighbourhood is situated near the Yamuna River, which gives residents a more refreshing backdrop.
- Okhla Bird Sanctuary, Rashtriya Dalit Prerna Sthal, Green Garden and Jungle Trail Park are some of the finest ecological spots in the Delhi-NCR region.
- The massive green spaces of the neighbouring bir sanctuary keep the air pollution-free.
Flat Configuration in Sector 124, Noida
- The locality features a variety of layouts with 450 sq. ft. to 900 sq. ft. studio units and massive 4 bhk & 6 bhk units with over 10,000 sq. ft. carpet area.
- The area has various commercial towers and low-density apartments, with exclusivity and premium finishes.
- The sector has high demand from high-net-worth corporate professionals, who prefer ultra-large 4- and 6-bhk apartments.
- The sector has ultra-luxurious apartments, which are ready to move in, and it also features near-ready inventory.
- For long-term capital gain, the sector offers an active pipeline of under-construction projects.
Property Price Growth in Sector 124, Noida
- The real estate market of the sector has witnessed remarkable growth with 17-18% You.
- The ultra-luxury segments have recorded 52 % YoY growth in the sector.
- Over the last 3 years, the capital values in this zone have increased by 42 % and over 70 % in the last 10 years.
- The average market value in the sector is R. 22,500 per sq. ft.
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