Rent differentiation between Noida and Noida Extension
There are a few variables to consider when looking for a rental home in Noida or Noida Extension. The rental rates are one of the most crucial considerations. While both Noida and Noida Extension have a wide range of rental properties, rental rates might differ dramatically between the two areas. In this post, we'll look at the differences in rent between Noida and Noida Extension to help you make an informed selection.
In terms of rental costs, Noida is often more expensive than Noida Extension. The rental rates in Noida might vary depending on the property's location, features, and size. A 2BHK property in a premium location in Noida, for example, can cost anywhere between Rs. 15,000 and Rs. 25,000 per month.
Rental costs in Noida Extension, on the other hand, are more cheap, making it a popular choice for students and young professionals. Depending on the location and amenities, a 2BHK flat in Noida Extension might cost anywhere between Rs. 8,000 and Rs. 15,000 per month.
Connectivity and Location
Noida is a well-developed metropolis with excellent access to Delhi and the rest of the National Capital Region (NCR). It also has several corporate offices, IT parks, and shopping malls. As a result, Noida is a popular choice for working professionals and their families.
Noida Extension, also known as Greater Noida West, on the other hand, is a developing neighbourhood on the outskirts of Noida. While the neighbourhood is still in development, it provides decent access to Noida and other sections of the NCR. Furthermore, compared to the bustling city life of Noida, Noida Extension provides a more tranquil and serene environment.
Services and Facilities
When it comes to amenities and facilities, Noida has a broader selection than Noida Extension. Noida has a number of luxury apartments, gated communities, and villas with a variety of amenities such as swimming pools, gyms, playgrounds, and security services. These extras cost more, which is reflected in the rental costs.
On the other hand, Noida Extension is currently under construction, therefore amenities and facilities may be limited in some locations. However, the region is continuously developing, and new residential complexes with modern amenities and services such as parks, gyms, and community centres are being constructed on a regular basis.
Convenience and accessibility
Noida is the clear victor in terms of accessibility and ease. The metro, buses, and cabs connect the city to Delhi and other parts of the NCR. Furthermore, Noida has a lot of shopping malls, eateries, and entertainment alternatives for inhabitants' convenience.
On the flip side, the Noida Extension is currently under construction, and as a result, accessibility and convenience may be limited in some sections. However, the region is rapidly developing, and new commercial and retail projects are being created on a regular basis, providing inhabitants with increased convenience.
The infrastructure is another key thing to consider when comparing rental rates in Noida and Noida Extension. Noida's infrastructure is well-developed, with decent roads, public transportation, and other municipal facilities. Noida Extension, as a developing neighbourhood, may not have the same level of infrastructure as Noida, but it is likely to improve in the next years due to various active infrastructure projects.
Lifestyle and Culture
Noida provides a global lifestyle with a varied spectrum of cultures and communities. Throughout the year, it hosts a number of events, festivals, and cultural programmes that provide a glimpse into the city's dynamic culture. Noida Extension is a relatively new suburb with fewer cultural events and programmes than Noida, but it is fast expanding with new residential buildings, malls, and theatres opening on a regular basis.
As per the development status, if you are willing to compare Noida and Noida Extension, it is better to know that Noida Extension is a relatively newer area. There is a possibility that in future that the Noida extension will be better than the Noida but it requires years of developmental work. Therefore, the rental cost in Noida is still higher than the Noida Extension.
Finally, Noida and Noida Extension are two quickly growing areas in the Delhi-NCR region, each with its own rental market patterns. While Noida is a more established neighbourhood with greater infrastructure and facilities, Noida Extension is a newer neighbourhood with rising infrastructure and reduced rental costs. Both regions have different rental rates based on criteria such as location, amenities, connectivity, and security.
As a result, before making a decision, it is critical to examine the benefits and negatives of both places and consider one's unique needs. Whether in Noida or Noida Extension, both regions provide a comfortable and easy lifestyle, making them a popular choice for tenants in the region.
Also Read - Discrimination While House Hunting in Delhi NCR