Here's Why Noida's Sector 78 Is A Happening Real Estate Market

Noida's Sector 78 has been making news in the real estate sector as the construction of new apartments here is in full swing. This locality is well-connected to some of the key areas in Noida, Greater Noida and Delhi. It's easy-navigation to these areas is the main driving force behind the rise in demand for apartments in Noida Sector-78.  In the past 41 months, the prices of properties in Noida Sector-78 have increased by 7.1 percent.

PropGuide lists factors that make Noida Sector-78 an upcoming real estate market:

Proximity to workplace

Sector 78, Noida is a well-developed neighborhood. The area is well-connected to the commercial localities in Noida and Greater Noida including a special economic zone in Sector 78, corporate offices in Noida' sectors 47, 48, 49, and 50. This strategic location has created an interest among investors to buy property in Sector 78, Noida.

Smooth connectivity

Sector 78, Noida offers smooth connectivity which creates a positive impact on both commercial as well as residential properties here. The locality is connected to Noida and Greater Noida via Yamuna Expressway, Dadri via Link Road and to Delhi via Delhi Noida Direct (DND) flyover.  Moreover, the City Centre Metro Station is located at a distance of 3.5 kilometers.

Real estate in Noida Sector-78

Real estate in Noida Sector-78 has great potential as it links to Noida, Greater Noida and Delhi. Some of the projects in Noida Sector-78 are Mahagun Moderne, Assotech Windsor Court, Hyde Park, Aditya Urban City, Mahagun Mezzaria, Antriksh Golf View, Sunshine Helios and Sikka Karmic Greens.

Price Trends in Noida Sector-78

The prices of apartments in Noida Sector-78 are in the affordable category with an average price of Rs 5,237 per sq ft. The property rate in Sector 78, Noida varies between Rs 5,096 sq ft - Rs 5,379 sq ft. The real estate prices here are running low at present. The marginal price drop in the past seven months from Rs 5,656 per sq ft in January 2016 to Rs 5,579 per sq ft in August 2016 has made the locality a potential investment bet.