Mahagun Mywoods is a masterfully designed community by Mahagun Group, located in Noida Extension, Greater Noida (also marketed as Sector 106, Noida). This residential development, designed by the renowned Hafeez Contractor, spreads across an area of about 35 acres and conforms to pre-certified GOLD standards of IGBC. It offers a variety of configurations including 2 BHK, 3 BHK, and 4 BHK apartments. The township is replete with self-sufficient infrastructure and a plethora of world-class amenities, including commercial spaces, clubhouses, swimming pools, and sports facilities. The project was officially registered with RERA on 2017-07-28 with an original start date of 2011-04-01, and possession was slated for June 2021. It comprises 31 towers and a total of 6131 units.
What is special about Sector 106 compared to other localities in Noida?
Sector 106 offers a unique combination of planned development, green cover, and strategic location within Noida. Unlike more congested central areas, Sector 106 provides spacious living while staying well-connected to key destinations.
Has property become expensive in Sector 106 recently?
Yes, Sector 106 has seen meaningful price appreciation over the past 2–3 years as demand has outpaced supply. The current average of market-competitive rates reflects this growth. Analysts expect continued appreciation due to planned infrastructure projects.
Can I find affordable housing in Sector 106?
While Sector 106 is predominantly a mid-to-premium market, there are competitively priced units in newly launched projects and resale inventory. Propmyna's verified brokers can help you find the best deal that fits your budget in Sector 106.
Are there shopping malls and entertainment zones near Sector 106?
Sector 106 is in close proximity to several shopping malls, multiplexes, fine dining restaurants, and entertainment centres. This robust social infrastructure contributes to a high quality of life for residents and supports strong rental demand.
How does Sector 106 compare to neighbouring localities in Noida?
Compared to adjacent localities, Sector 106 offers a stronger social infrastructure backbone, better developer profile, and a more planned layout. It typically commands a slight premium over emerging neighbours but offers superior liveability and liquidity.
What makes Noida attractive for real estate investment?
Noida offers a compelling mix of affordable land prices, world-class social infrastructure like schools and hospitals, and strong rental demand from a growing urban workforce. These factors make it a top pick for both end-users and investors.
What is the stamp duty and registration cost in Noida?
Stamp duty in Noida is typically 5–7% of the property value, with an additional 1% registration charge. Some states offer concessions for women buyers. It is advisable to confirm the current rates with a local registration office.
Which parts of Noida are developing the fastest?
The fastest-developing parts of Noida are typically those receiving fresh infrastructure investment — new roads, underpasses, metro extensions, and commercial developments. These areas often have lower current prices but high future potential.
Is affordable housing available in Noida?
Yes, Noida has a range of affordable housing schemes under PMAY and state government programmes. These offer subsidised home loans and government-approved pricing for EWS and LIG buyers.
Is Noida good for first-time homebuyers?
Noida is an excellent choice for first-time buyers thanks to RERA-registered projects, home loan availability at competitive interest rates, and a wide range of options under ₹60 lakh. The city also has strong resale liquidity.
