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Properties for sale in Cape Town Road Sector 74, Sector 74, Noida
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Overview of Sector 74
- Sector 74 is a developing locality situated in the eastern part of Noida.
- The locality mainly offers residential apartments in a mid-segment to premium budget range.
- Sector 74 is an emerging residential hotspot in the city of Noida.
- Being seamlessly accessible to major commercial hubs, Sector 74 attracts tenants.
- Due to excellent connectivity, rapidly developing infrastructure, and a good rental demand, the locality has become an attractive destination for property investment.
- Strategically located along the Vishwakarma Road, Sector 74 is drawing attention.
- Some nearby localities are Sector 77, Sector 117, Sarfabad, and Sector 75.
- The PIN Code of Sector 74 is 201301.
Sector 74 Residential Market Insights
- The average range of residential properties in Sector 74 ranges from ₹10,000 to ₹15,000 per sq. ft.
- The average price of a 1 BHK in Sector 74 ranges from ₹65 lakh to ₹1 crore.
- The average price of a 2 BHK in Sector 74 ranges from ₹90 lakh to ₹1.2 crore.
- The average price of a 3 BHK flat in Sector 74 ranges from ₹1.3 crore to ₹2.5 crore.
- The average price of a 4 BHK flat in Sector 74 ranges from ₹2 crore to ₹4 crore or more.
- Sector 74 is gaining demand in the rental market due to excellent connectivity options and commercial areas in proximity.
- The rental price range in Sector 74 ranges somewhere between ₹25,000 to ₹70,000 monthly or more, depending on flat configuration and other factors.
- Specific location, key features, carpet area, and construction status are some factors that influence property prices in Sector 74.
Connectivity and Transport In Sector 74
- Sector 50 Metro Station, Sector 76 Metro Station, and Sector 51 Metro Station offer connectivity to the locality.
- The prominent Gaziabad Railway Station is around 15 km away from Sector 74.
- The Indira Gandhi International Airport is at a distance of approximately 35 km.
- Sector 76 Road, Vishwakarma Road, Cape Town Road, Noida Road, and Sector 77 Road are key connecting roads around the locality.
- Other major roads, such as the Yamuna Expressway, the FNG Flyover, the DND Flyover, and National Highway 24, are also accessible from Sector 74.
Social Infrastructure In Sector 74
- Sector 74 is a rapidly urbanising locality in Noida. The area is equipped with sufficient infrastructure facilities and civic amenities for its residents.
- Radiant Academy School, Manav Rachna International School, The Manthan School, and Billabong High International School are some quality primary education institutions nearby.
- Noida Institute of Education and Technology, KCS Public Inter College, Avviare Educational Hub, and BR Public Inter College are some reputed colleges and universities around the locality.
- A few popular hospitals in the vicinity include Motherland Hospital and IVF Centre, Max Multispeciality Centre, NEO Hospital, Shivalik Hospital, Chaudhary Hospital, Well Care Hospital, etc.
- Luxury shopping centres such as Spectrum Metro Mall, Logix Mall, and Gaur City Mall are within reach.
- Supertech Mart, Noida Superstore, Shreeji Foods, Shopping Basket, and Dal Cheeni are some convenience stores close to Sector 74.
Employment Opportunities In Sector 74
- Sector 62, Sector 128, and Sector 132 are commercial areas close to Sector 74, Noida.
- The well-known Noida Special Economic Zone (NSEZ) is hardly within 10 km.
- Film City is accessible from here, which is a centre for entertainment studios, film sets, and production houses.
- These commercial areas, being close to the locality, offer an abundance of employment opportunities.
Lifestyle In Sector 74
- Sector 74 enjoys a peaceful lifestyle with a perfect blend of luxury and modern conveniences.
- The residential and commercial growth in the locality is boosting its economy.
- Along with that, the area is also home to several leisure destinations such as restaurants, malls, cafes, parks, etc.
- A popular spiritual centre, Swami Narayan Akshar Dham, is around 30 minutes away from the locality.
- Moreover, Meghdootam Park, Maharana Pratap Chowk, Sanjay Lake Park, etc., are other tourist attractions accessible from the locality.
- Bawarchi Biryani House, Golden Curry’s restaurant, Punjab Chowpati, Dakshinam Ruchee, and Ragini’s Kitchen are some popular eating places nearby.
Safety and Security In Sector 74
- Sector 74 is generally considered to be a safe locality in Noida.
- Several police stations in the vicinity take care of the safety concerns of the residents here.
- Constant police patrolling is practised in the locality to ensure maximum safety and to avoid criminal and illegal activities.
- The locality is equipped with proper civic amenities such as street lights and traffic signals.
Development and Future Prospects In Sector 74
- Upcoming metro extensions will improve connectivity, making public transportation hassle-free.
- Construction of new flyovers and expansion of highways will enhance the overall road network. This will save travel time and bring traffic congestion under control.
- Establishment of new commercial hubs and startup setups will boost the economy of the locality, thereby increasing property prices.
Culture and Community in Sector 74
- Sector 74, being a rapidly developing locality, still preserves its cultural significance.
- There are several spiritual hubs and temples around the area, representing the heritage and spiritual richness of the locality.
- Shri Ram Janaki Temple, ISKCON Temple Noida, Pracheeen Shiv Hanuman Temple, and Sai Kruna DHam Temple are some local temples in close proximity to Sector 74.
- The locality promotes an all-inclusive environment. A vast population with diverse backgrounds has peacefully settled here.
- The locality also has a vibrant street food culture with traditional as well as multi-cuisine restaurants in proximity.
Environmental factors in Sector 74
- Sector 74 preserves its natural surroundings with a presence of ample greenery.
- There are abundant gardens, parks, and recreational destinations in the vicinity of Sector 74.
- Ved Van Park, Meghadootam Park, Sangharsh Park, Supertech Capetown Park, and Khandar Authority Park are some green parks nearby.
Flat Configuration in Sector 74
- There is a range of 2 BHK, 3 BHK, and 4 BHK residential properties in Sector 74.
- These flats are available for rent as well as for sale.
- Sector 74 primarily offers mid-segment and affordable housing properties.
- 3 BHK properties are in most demand in Sector 74 due to their affordability factor.
Property Price Growth in Sector 74
- Sector 74 has seen a constant increase in property prices over the last few years, making it an attraction for investors and buyers.
- There has been a 73% property price appreciation over the last three years.
- The YOY property price growth in Sector 74 has been around 59%.
- A rental yield of 3% has been observed in the last year.
- Developing infrastructure, upcoming connectivity projects, and increasing civic amenities have driven residential demand here.
- Rental demand has increased since professional employees are seeking residences in Sector 74.