L
Lakshmi Nair
posted on 17 MaySector 168 prices are inflated, resale will be tough.
Budget finalised, loan pre-approved — now stuck on which sector. Everyone's hyping Sector 168 for future growth, but honestly, are current property prices there justified? I'm based in Dubai, can't do site inspections myself. Is the resale market actually liquid if I need to exit in 3-5 years? Or are we just talking paper gains? Change my mind.
#sector-168#property-prices#resale-market#nri-investment#greater-noida
Comments
I actually booked a 2BHK in a project in Sector 168 about 6 months ago. The builder gave me a decent deal, and I'm betting on the connectivity improving once the FNG expressway is fully operational and the metro extension actually starts. My loan is approved, and I'm cautiously optimistic, but yes, resale liquidity is a major concern for sure. What are the current market conditions like for 2BHKs in Noida generally? Are they moving fast or is it slow?
Noida market is tricky right now for 2BHKs. They are moving, but mostly in established sectors like 75, 76, etc. New sectors like 168 have higher inventory and less demand from actual end-users, so resale can be quite slow. Rental yields bhi utne high nahi hain jo investment ko justify karein, so unless you got a really sweet deal
Look, Sector 168 *does* have potential due to its strategic location near the expressway, but not at these current prices. The problem is, developers are front-loading all the future appreciation into today's price. If you need to exit in 3-5 years, you might not see much appreciation beyond inflation, or even struggle with resale if inventory is high. It's more of a long-term play, 7-10 years minimum, not a quick flip for someone looking for liquidity.
I actually visited Sector 168 last month. Bhai, the ground reality is quite different from the brochures. Most projects are still heavily under construction, and the surrounding area is very raw, mostly barren land. Builders are quoting 8-9k psf for under-construction units. Is that really justified when Alpha II Greater Noida has ready-to-move properties at similar or even slightly lower rates, with established infrastructure?
Totally agree with your point about Alpha II. And the amenities? Most promised amenities are just on paper or will take ages to complete. I was looking at Alistonia Estate earlier, and even there, prices are high but at least it's a more developed area with some basic civic infrastructure in place. For Sector 168, it feels like paying today for something you might get 5-7 years down the line, if at all. How can they justify such high rates for properties that are practically in the middle of nowhere?
8-9k psf for under-construction in that area is insane! My cousin bought in Ajayabpur for 6k psf two years ago, and he's still waiting for possession, with major delays. These new sectors are just milking the hype without delivering actual value or infrastructure.
Totally agree with the original post, bhai! Sector 168 is just builder hype. Prices are ridiculous for what it offers right now. Resale? Forget about it, especially if you need a quick exit in a few years.
Exactly! Future plans pe ghar nahi lena chahiye. Jo aaj hai, uski value dekho. Sahi keh rahe ho, bhai.
Metro toh har jagah propose hoti hai! Actual ground pe kab aayegi, koi nahi jaanta. Builders use these 'future' projects to inflate current prices. I'd be wary of relying on 'proposed' infrastructure for short-term gains, been burned before thinking that way in Greater Noida West.
Haan yaar, I've been hearing similar things. Mere friend ne bhi bola ki connectivity abhi utni achhi nahi hai aur construction quality ka bhi issue suna hai. But what about the proposed metro extension to that area? Won't that drive prices up significantly?