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2 BHK flats in Bisrakh Marg Sector 1 Greater Noida W, Sector 1 Greater Noida W
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Overview of Sector 1
- Sector 1 is an emerging locality situated in the city of Greater Noida.
- The locality is a developing commercial cum residential hub.
- Sector 1 offers residential properties in a mid-segment to premium range.
- The locality attracts investors and tenants due to its developing infrastructure, improving connectivity, proximity to employment areas, and increasing residential options.
- Sector 1 is situated near the central city of Noida.
- Khairpur Gurjar Road, Jalpura, Vidyapati Nagar, Amrapali Leisure Valley, Chauganpur, Jamia Nagar, Sector 2, and Sector 3 are some of the neighbouring localities to Sector 1.
- The PIN Code of Sector 1 is 201306.
Sector 1 Residential Market Insights
- The average property price in Sector 1 ranges from ₹10,000 to ₹13,000 per sq. ft.
- The average price of a 1 BHK in Sector 1 is around ₹25 lakh to ₹62 lakh.
- The average price of a 2 BHK in Sector 1 is around ₹82 lakh to ₹1.2 crore.
- The average price of a 3 BHK in Sector 1 is around ₹1.2 crore to ₹2 crore.
- The average price of a 4 BHK in Sector 1 is around ₹1.8 crore to ₹3.2 crore.
- The average monthly rental rates in Sector 1 range from ₹20,000 to ₹45,000.
- The average price of land in Sector 1 is around ₹5,000 to ₹7,000 per sq. ft.
- Sector 1 is an upscale area and mainly offers mid-segment residential properties.
- The prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- Both under-construction and ready-to-move flats are available in this locality.
- A number of reputed builders and developers have a presence in Sector 1.
Connectivity and Transport In Sector 1
- Metro Stations nearby include Sector 81 Metro Station, Wave City Centre Metro Station, Sector 101 Metro Station, and NSEZ Metro Station. These metro stations are within a 20-25 minute drive from here.
- The Noida Metro station is also within half an hour of the locality.
- The Maripat Railway Station and Ghaziabad Railway Station offer railway connectivity to and from Sector 1.
- The Ghaziabad - Bambawar Road and Hapur Bypass are major roadway networks close to the locality.
- The locality is situated along the Greater Noida Road, Jalpura Main Road and Samrat Ashok Road, being a prime source of connectivity.
- Other arterial roads, such as LN Mishra Marg, Ace City Road, Padma Marg, etc., offer intercity connectivity in the area.
- The Indira Gandhi International Airport is around 40 km away from Sector 1, Greater Noida, and can be easily accessed through the New Delhi - Meerut Expressway.
Social Infrastructure In Sector 1
- Sector 1, Greater Noida, is well developed with respect to infrastructure facilities and civic amenities.
- St. John’s School, Delhi World Public School, St. Xavier’s High School, Radiant Junior High School, Yash International Public School, Seth M R Jaipuria School, The Wisdom Tree School, etc., are some reputed educational institutions around the locality.
- Sumitra Institute of Nursing and Paramedical Sciences, Delhi Institute of Higher Education (DIHE), JIMS Noida College, MMH College, and IIMT College of Engineering are some well-known colleges and universities.
- There are a few well-equipped hospitals and health centres in the area. Arogya Hospital, Bharat Multispeciality Hospital, Motherland Hospital and IVF Centre, Dharampal Hospital, etc., are some of them.
- Gaur City Mall, Phoenix Square Mall, and Gardens Galeria Mall are some leisure shopping and entertainment centres nearby.
- City Super Mart, G One Fresh Shopping Mart, Noida Daily Mart, Green Mart, and Pantry Mart are some convenience stores close to the locality.
- The Hoften Lotus Court and Radisson Blu Hotel are luxurious hotel stays around the locality.
Employment Opportunities In Sector 1
- Stellar IT Park, Delhi IT Park, Trapezoid IT Park, Techzone IV, and Serve Spaces GM IT Park are some prominent tech hubs within 30 minutes of the locality.
- NSEZ and Artha SEZ are major Special Economic Zones at around 15 km from Sector 1.
- The World Trade Centre is at a distance of about 9 km.
- The locality is close to various industrial centres in the city, such as Gautam Budh Nagar, Noida, and Kasna.
- The prominent business hub of Connaught Place is 30 km away.
- These employment areas are seamlessly accessible from the locality due to an extensive road network.
- Proximity to these commercial areas has increased employment opportunities here, thereby making the locality an attractive investment option for buyers and tenants.
Lifestyle In Sector 1
- The locality enjoys a sustainable lifestyle with a mix of modern conveniences and a peaceful environment.
- With upcoming and ongoing residential, commercial, and infrastructure developments, Sector 1 is rapidly becoming urbanising.
- Sector 1 is known for being located close to the Formula One Racing Track and Noida Stadium, which are major attractions here.
- The locality enjoys a vibrant lifestyle with its classy restaurants, cosy cafes, luxurious malls, and other leisure centres.
- Delhi Joshh Open Rooftop Restaurant, Curious Mug Cafe, Sadda One Rooftop Restaurant, Bamboo Nation, Kaala Namak Restaurant, Martabaan Restaurant, and The SparQ restaurant are a few fine dining options nearby.
Safety and Security In Sector 1
- There are a few police stations close to the locality that provide protection and ensure the safety of the residents.
- Regular police patrolling is practised here to avoid any criminal or illegal activities.
- The area is well equipped with proper civic facilities like traffic signals, CCTVs, and street lights on busy roads.
- The locality is overall considered a safe area in the city of Greater Noida.
Development and Future Prospects In Sector 1
- An Aqua Metro line is planned along the upcoming metro extension, which is said to have a station close to the locality.
- This metro line will connect the locality to major parts of the city, improving overall metro connectivity here.
- Construction or expansions of the roads here will enhance the overall roadway network throughout the city, thereby benefiting the locality.
Culture and Community in Sector 1
- Sector 1 is a cosmopolitan locality in the city of Greater Noida where a population with different backgrounds lives together in peace.
- There are several spiritual destinations in and around the locality where people come together as a community to celebrate special occasions and major festivals.
- Nau Devi Durga Mata Mandir, Pracheen Shiv Parvati Mandir, and Tryambakeshwar Mandir are some ancient local temples around.
- The Raavan Temple is a major attraction here.
Environmental factors in Sector 1
- Sector 1, Greater Noida, being a rapidly developing locality, still preserves its natural environment.
- There are ample open spaces, local gardens and lush parks in and around the locality.
- Stellar Jeevan Park, Authority Park, ONGC Rose Garden, Sai Garden, and Mahagun Garden are some green parks close to the locality of Sector 1.
Flat Configuration in Sector 1
- Sector 1 mainly offers independent houses and apartments.
- The 2 BHK configuration is the most popular in this locality.
- Sector 1 offers a range of 1 BHK, 2 BHK, 3 BHK, and 4 BHK apartments.
- Apart from that, it also has other properties to offer, such as land, villas, and independent floor apartments.
- These properties are available in both under construction and ready-to-move conditions.
Property Price Growth in Sector 1
- The YOY appreciation in prices for apartments in Sector 1 is around 2%.
- Sector 1 has witnessed a consistent property price growth of almost 60% in the last 3 years.
- Sector 1 has seen a YOY rental yield of around 3%.
- Due to rapid development and robust urbanisation, Sector 1 is expected to experience consistent property price growth in the coming years.