NOIDA Q1 2015: Rental Property Tracker
- Sectors 76, 78 and 120 are situated in the developing ‘New Noida’ region which have comparatively lessor rentals than the established sectors and enjoy good rental demand from the working population of sector 62 and 63.
- Sectors 137 and 143 are witnessing the completion of residential projects from the end of last year and therefore have numerous units available for rentals. These sectors are also expected to see rental demand from the industrial sectors of 81 and 82.
- The presence of various educational institutions on the Greater Noida Expressway such as Amity University, Mahamaya Inter College and Panchshil Inter College also add up to the rental demand in sectors like 137 and 143.
- Sectors 100 and 128 are also witnessing the completion of different projects since last year thus opening up these sectors for the rental market.
- Interestingly sector 137 and 120 have retained top position in both rental availability and rental yield. While the former is benefitting from its strategic location near Greater Noida Expressway and the latter is benefiting from the completion of new projects.
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The purpose: 1) Help the consumer to understand availability of rental properties in the Pune markets respectively. 2) Assist the consumer to understand the top markets for rental returns in the respective city. The data: The data is taken from listings done by builders/ brokers/ individuals to rent out their properties through CommonFloor.com from January-March, 2015.
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Disclaimer: The information provided in this Website is based on CommonFloor data which is collected from various publicly known sources viz, websites, documents and maps including CommonFloor’s proprietary data resources, and from the inputs of unidentified individuals. It ought to be considered as a guideline and not as absolutely certain. While care has been taken for groundwork, no responsibility is accepted for the accuracy of whole or any part. This information is absolute property of CommonFloor /maxHeap Technologies Private Limited. It should not be reproduced in any form, in part or whole, without prior written permission of CommonFloor. The information is provided on an “as is” and “as available” basis. CommonFloor expressly disclaim warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement
