Delhi-NCR, 3rd December 2021: With the work on Noida International Airport at Jewar underway after its foundation stone laid by Prime Minister Narendra Modi, the entire region in the proximity of this airport has grabbed the attention of real estate investors as well as end-users that are upbeat about rapid development of the areas along this stretch. Rightly so, the areas abutting Yamuna Expressway, Noida-Greater Noida Expressway have assumed paramount importance as their real estate potential will increase manifold. In the light of these facts, projects of Ace Group at Sector 150, Noida have acquired utmost significance.
Giving a big boost to the infrastructure of this growth corridor, the upcoming International Airport at Jewar is set to become a game-changer for real estate projects coming up along the way. Precisely, Sector-150 located in close proximity to this Airport has fast become the hotbed of real estate developments. An international airport located at just half-an-hour distance has raised the profile of Sector-150, Noida, and it will further see a multiplier effect on employment generation, corporate and leisure travel opportunities leading to a spurt in real estate activities.
Mr. Ajay Chaudhary, Chairman and Managing Director, Ace Group said, “Long ago we had gauged the potential of Sector 150, Noida and now the things have proved to be falling in line exactly according to our vision. While the inauguration of Jewar International Airport is already showing a ripple effect on the real estate projects in this greenest sector, the robust infrastructure of this location is already at par with any other global real estate destination, turning out to be another attractive factor for homebuyers.”
Jewar Airport has also boosted the real estate market of Sector 152 which has already witnessed a steep price appreciation of almost 20% (Y-o-Y) in the last couple of years. Ace Group has launched its much-desired and keenly awaited residential project ‘Ace Starlit’ at sector 152, Noida Expressway. The sublime residential project ‘Ace Starlit’ is a luxurious offering by the company at competitive pricing. The project with double-height grand entrance lobbies boasts of all the world-class features and amenities including a best-in-class clubhouse and a mega retail hub, among others.
Moreover, Sector 150, touted as the greenest residential hotspot in NCR, Sector 150 has started witnessing increased footfalls of customers looking to have their dream homes at this residential heaven after the inauguration of the Jewar International Airport. Another reason why Sector 150, Noida, has been the perfect residential location, is such that 80% of the area is reserved for greenery. Moreover, it’s situated at the confluence of two major rivers: Yamuna and Hindan—which altogether promise ample biodiversity and scenic beauty.
Mr. Chaudhary added, “We are already one of the biggest stakeholders in this sector with two residential projects comprising ‘Ace Golfshire and Ace Parkway’, and one commercial project ‘Ace Medley Avenue’ in this most promising sector. As sector 150 already has a strong potential to become a luxury lifestyle destination, we have earned a reputation for completing Ace Golfshire, a luxury project, and making it the first fully sold-out project of sector 150, Noida.”
Considered as a green residential paradise for the people who wish to live amidst the nature away from hustle and bustle of cities, Sector 150, Noida is well-equipped with robust social and civic infrastructure including reputed schools, educational institutions, super-speciality hospitals and shopping complexes. Moreover, Noida authority is developing a massive 42- acre Shaheed Bhagat Singh Park which comprises more than 2000 trees and 75000 shrubs and a lake complimented with the landside eatery, beautiful landscapes, a garden of fragrance and a children’s garden, pavilions, resting places and patios in sector 150, Noida.
The upcoming Jewar Airport has given another positive dimension to the real estate prospects of Sector 150, Noida which is well connected via the Noida-Greater Noida Expressway and consequently the investor sentiment has received a big boost.
Availability of quality housing options amidst the lush greenery and fast-track international connectivity have added a series of feathers in the popularity of Sector- 150, Noida as the much-desired residential heaven of NCR and the investors is going to reap rich rewards.
Apart from the Jewar airport, the other infrastructure initiatives in the nearby areas like industrial corridors, IT parks, film city which are underway are expected to further drive the real estate market in this greenest residential heaven. In addition, the Jewar Airport is all set to augment the multimodal logistics hub between Jewar and Greater Noida, which will create job opportunities and further fuel the demand for affordable housing in the region.