Sandwiched between Madan Mohan Malviya Marg and Maharaja Agarsain Marg, Sector-16 is predominantly a residential hub. It is a part of Greater Noida (West), which was earlier known as Noida Extension. It is surrounded by developed localities like Tech Zone-3, Chhapraula, Techzone-4, Dadri Highway, and Sector-3. Madan Mohan Malviya Marg connects it to NH-24, which once upgraded to an eight-lane highway, will enable commuters to reach Delhi in just 15 minutes.
Sector-16 has sound healthcare infrastructure with well-equipped hospitals like Naina Shanti Hospital, Vasundhara Hospital, and Shree Krishna Hospital, situated just a stone’s throw away. Noteworthy colleges in the area include Jaipuria Institute of Management, Inderprastha Dental College & Hospital, and Indraprastha Engineering College.
The locality is surrounded by many stores and shopping complexes. Commercial establishments like Oberoi's, Hotel Crystal Palace, Ganga Shopping Complex, and Reliance Mart are scattered in and around the region.
Panchsheel Greens-II, Ratan Pearls, and Gulshan Bellina are a few residential projects that find a place in Sector-16. These luxury apartments with lush green surroundings are the high point of this locality.
Key Projects in Sector-16 :
|Gaur City-2 10th Avenue|
|Panchsheel Greens 2|
|Nirala Aspire Phase I|
|Radhey Krishna Casa Greens I|
|Satyam G R Garden|
|Keltech Kumar Imperial Greens|
|Rudra Aqua Casa|
Connectivity and Transit Points
Sector-16’s connectivity is top-notch, as it is connected by a number of well-maintained roads. Madan Mohan Malviya Marg links Sector-16 to NH-24, which further connects the locality to the likes of Delhi and Ghaziabad. Maharaja Agrasen Chowk and Atal Chowk are the two prominent bus stops in the region, connecting the area to nearby localities such as Vaishali, Vasundhara, and Indirapuram. Auto-rickshaws are a preferred mode of transport here, and is widely used to travel short distances.
Rail transport is facilitated by Sahibabad Railway Station, which lies at a distance of 6 km from here. The locals usually board trains from this area to reach other major regions of the NCR. Air transport is facilitated by Indira Gandhi International Airport situated 32 km away, and can be reached within an hour via AH-2.
â— Krishna Properties
â— Hotel Crystal Palace
â— Drishti Global Solutions
â— Pooja Palace
â— IPG CNG Station
â— Corporation Bank
â— HP Petrol Pump
â— Shivam jyotish sansthan
â— SATPALDA Trading Pvt. Limited
â— Ganga Shopping Complex
Factors for Growth in the Past
Development of Madan Mohan Malviya Marg and Maharaja Agrasen Marg propelled the emergence of residential and commercial pockets in this region. Sector-16’s proximity to well-developed cities such as Delhi, Noida, and Ghaziabad also played a vital role in its growth.
Overcrowding and high property prices were the two main reasons that drove the working class out of the cramped spaces of Delhi and lured them into relocating to areas like Sector-16, which offered affordable properties and a calm, traffic-free environment.
Residential and Commercial Market
Residential Market Trends
Sector-16 has a rich property market with a wide variety of properties available for sale. Apartments are the dominant property type and sell at an average rate ranging between Rs 1,900 per sq. ft. to Rs 3,950 per sq. ft. The average rent of 3-4 BHK units in Sector-16 ranges from Rs 10,000 per month to Rs 50,000 per month.
Commercial Market Trends
Although Sector-16 is primarily a residential hub, the commercial market is slowly following suit. The average cost of shops in the region is Rs 15,200 per sq. ft.
Garbage disposal issues are still predominant in some parts of Sector-16. The local residents claim that garbage is not collected on a daily basis. As a result, the waste gets accumulated and causes unhygienic conditions in the area, risking the health and safety of the residents.
Factors for Growth in the Future
Renowned builders such as Supertech Limited and Panchsheel Group are coming up with several elite residential projects in the region. A few of them include Supertech Eco Village 4, Soho Mascot Manorath, Ratan Pearls, Gulshan Bellina, and Nirala Aspire Phase II. The completion of these projects will act as a catalyst in Sector-16's future growth.