Sector 16B Noida Extension - Rent or Buy right now?

I'm seeing mixed signals in Sector 16B, Noida Extension. Property prices have gone up, but honestly, are they justified given the waterlogging issues during monsoon? I've heard horror stories. Rent seems reasonable, and the tenant profile is mostly young professionals, which is fine. But buying... is the appreciation potential worth the risk? I'm also concerned about resale value if things don't pan out. From my experience, location is everything. Sector 16B is still developing, so it's a gamble. What do you guys think? Rent for now, or take the plunge and buy? What's your take on the ROI? Need opinions!