Sector 132 Noida is a well-placed business hub and industrial area near the Noida Greater Noida Expressway. Sector 132 Noida is different from other normal residential localities with multiple apartment societies. Instead, this locality has been famous for office buildings of corporates and tech firms and schools and business complexes. Being located between the main Noida locality and the expressway, this locality proves beneficial to corporates, employees, investors, and people residing in nearby sectors. Due to expressway connectivity and presence of education institutions, this locality has turned into a major employment address in this region of Noida. Noida Sector 132 has an advantageous location right on the Noida-Greater Noida Expressway, near sectors 128, 129, 131, 133, 134 and 135. This locality includes modern office parks, institutional blocks, education institutions, dining and retail centres and few residential units. This sector can be described as an office-centric zone surrounded by residential communities. The residents of this area prefer to live in sectors such as Sector 104, Sector 108, Sector 128, Sector 134, Sector 137 and other expressway sectors. This area is ideal for businesses needing exposure, spacious office spaces, access to employees and links with Delhi, Greater Noida and NCR as a whole. This is also evident in the future land use plans of Noida. The prime advantage of Sector 132 is that it is located right next to Noida-Greater Noida Expressway. The road leads to an easy route from the sector to Mahamaya Flyover, Delhi, Greater Noida, Pari Chowk and the Yamuna Expressway. There are also a number of well-known and emerging business zones adjacent to Sector 132. Sectors 125, 126, 127, 135 and 142 consist of corporate offices, IT firms, banks and professionals’ offices. Thus, the sector becomes a part of the employment zone rather than an office enclave. The families can reside in the gated communities while maintaining their commute short. The business organizations will get access to people from all the above locations for their employment needs. Distances are approximate and can change according to the project gate, selected route, traffic conditions and time of travel. Road connectivity emerges as the most significant aspect of transportation for this locality. Office clusters are easily reached via the Noida-Greater Noida Expressway, while local roads link the sector with neighboring housing and institutional sectors. The Aqua Line route does not currently run through the center of the sector. The employees usually take Noida Sector 137, Noida Sector 142, or NSEZ metro station followed by either taxi or a cab/auto-rickshaw. The proposed Aqua Line extension from Sector 142 to the Botanical Garden will enhance the link between the expressway and Delhi Metro Blue & Magenta Lines upon completion of construction and opening of the line. Till then, last mile travel forms an important part of the commuting routine. Travel time can rise sharply during weekday office hours, particularly near expressway entry and exit points. Property in Sector 132, Noida is primarily driven by commercial office space and not by big societies or apartment complexes. Prospective buyers could consider ready office space, resale options, blank shell floors, furnished office space, leased assets, flexible working space, and select retail space. Requirements for such properties are determined by the number of businesses that work in the expressway area, occupation of the buildings, tenant composition, efficiency of the floors, parking facilities and availability of transport. Properties with good maintenance, presence of frontage and stable corporate tenants have higher prices. Residential demand that comes in connection with this sector is mostly catered to by nearby sectors. Working professionals from this sector generally rent or buy apartments in Sectors 104, 108, 128, 134, and 137. Bare-shell office spaces: The buyers can create their own interiors in such spaces. The fit-out cost, fire safety provision, air conditioning provision, and time required until occupation have to be considered by the buyer. Furnished office space: Ready offices are good for the company who require quick occupation. The value of such offices is highly dependent on the condition of the furniture, electrics, HVAC, cabling, and meeting rooms. Pre-leased commercial property: Such property will have tenants in them and can generate some immediate rental income. The investor will have to look into the period of lease, lock-in period, escalations, security deposit, and tenant’s creditworthiness. Coworking and Managed offices: Flexi-spaces are useful for start-ups, consultants, satellite offices, and companies trying out the location without committing to a long lease. Retail Shops and Food Outlets: Ground floor spaces with visibility can gain from the weekday traffic generated by the office occupants. Weekday traffic will be lower in office dominated neighborhoods. Residential apartments nearby: The buyers seeking for 2 BHK, 3 BHK and above properties will have better options available in the neighboring residential neighborhoods. Commercial pricing in the locality is shaped by: Distance from the expressway access/exit Maintenance and Occupancy status of the building Quality of Tenants and length of their lease Number of lifts and their speed Efficiency of the floor plate layout Parking availability Backup power supply and HVAC system Approvals for fire and occupancy safety Visibility from the main road Food, Banking, Employee facilities Metro and Shuttle service availability Residential and commercial alternatives should not be regarded as being one market. The commercial buildings are located in the locality itself, while residential societies are found in neighbouring sectors. Sector 132 includes a number of office projects that have been established, although the nearby sectors contribute more to the total stock of apartments. Approvals for the project, occupancy details, maintenance, and ownership information have to be verified separately. The area has an excellent institutional network. A few reputable institutions are situated in and around the sector, whereas hospitals, residential markets, and entertainment destinations are available in surrounding areas. There is more convenience for daily activities in office campus sectors and neighboring residential sectors. Some internal commercial sectors can be a bit deserted during non-business days. The presence of established schools is a major advantage for families living in nearby sectors. It also creates demand for school transport, rental housing and supporting services. Jaypee Hospital happens to be one of the most prominent hospitals in terms of providing quality healthcare services. Other smaller hospitals, dental clinics, diagnostics centers and chemist shops are available in the expressway zones. Staff members have access to cafés and food shops along with some selected convenience services during work hours. The residents mostly rely on the bigger markets of Sectors 104, 110, 129 and 137 for more general needs. Fast purchases are made in closer proximity to high street retailing and deliveries. However, it is Sector 18 that has the edge when it comes to large format shopping and entertainment/dining. Actual travel time depends on the chosen route and weekday traffic. The zone itself serves a more utilitarian than leisure-oriented purpose. People who desire bigger parks or recreation spaces will be better served by existing residential zones. Access to a residential society club normally depends on residency, membership rules or guest permissions. Anyone booking a venue should verify access roads, parking, noise restrictions, event permissions and closing times. The weekday dining environment is shaped by office demand. Larger restaurant clusters and late-evening choices are available in Sector 104, Sector 129, Sector 142 and Sector 18. The area has a well-polished appearance with respect to its corporate office buildings, wide roads, and institution campuses. The place is busy during the days due to the presence of office workers, taxis, food delivery cars, and company buses. However, once the working hours are over, some parts of the locality become significantly quiet. While this is not necessarily a negative thing, it is significant for individuals who would like to work during odd hours, travel independently, and even stay in such quiet areas. In the case of families, it is often convenient for them to reside in a neighboring residential area and then travel to the area of the office. Facility to directly reach Noida-Greater Noida expressway High presence of corporate office buildings Presence of several schools in the neighborhood Location near residential societies in neighboring sectors Facility to access central Noida and Greater Noida Increasing numbers of cafes, convenience stores and managed offices Improvement possible through planned transport facility No functional metro station in the sector Reliance on taxi or auto Traffic at the exit points of the expressway Lack of residential properties in the sector Quiet internal streets beyond office hours Inconsistent pedestrian facilities in certain areas Variance in parking and maintenance between buildings Sector 132 is just one component of a bigger corporate corridor running through Sectors 125, 126, 127, 135 and 142. The types of businesses found in this area include tech firms, banks, consultancy firms, financial service firms, managed offices and support services firms. The concentration of offices creates demand for: Managed office spaces and co-working centers Corporate rental spaces Employees’ accommodation in nearby zones Food and beverages outlet Transport and shuttle services Facility management services Maintenance and security services Banking, printing and professional services This surrounding employment base is one of the main reasons commercial property receives more attention here than conventional residential property. Sustainability for the area is tied to three interrelated aspects: expressway connectivity, an established commercial environment and further infrastructure development within the Noida expressway belt. The Aqua Line extension from Sector 142 to Botanical Garden is relevant in this context. Once it is constructed and operational, it should improve the connectivity with the Delhi Metro system and lower the dependency on road transport only for some sectors along the expressway. The possible completion of the Yamuna Pushta elevated corridor may help improve the regional road network if all the clearances for its completion are received. Future projects should be considered with caution, however. The buyer needs to differentiate between a proposal, a project, construction works and an operational project. Noida International Airport located in Jewar has become operational. It improves the overall commercial environment in the region. Still, it will have influence on a particular plot of land only depending on the availability of road network, demand from tenants and cost already incorporated in the asset. An impressive-looking building along the expressway may still have numerous problems when it comes to operation. Therefore, it is essential for the buyer/tenant not to trust only the image of the property but to pay close attention to the actual premises. Before finalising a property, check: Ownership and title papers Certificate of no dues Approved building plan Completion certificate/occupancy certificate wherever applicable Permissible usage of land Fire safety clearances Electricity requirement and power back-up HVAC ownership and servicing Parking facility Lift capacity and queue time Maintenance cost Common area loading Water and drainage system Occupation of the building Profile of tenants Deed of lease agreement and lock-in period Rent escalations Fit out requirement Signage rights Road connectivity during peak hours Mobile network connectivity and Internet facilities Night security Exit options and resale liquidity For the office that has already been rented out, check on rent receipts, tenant's deposit, taxes, lease registration, and any rent-free period. For the residential property in a neighboring locality, consider society dues, possession, structure, parking, water, and the actual commuting time to the office. Sector 132 Noida works best for: Office seekers along the expressway Potential investors looking for commercial leases or commercial properties that are ready to be used Start-up firms searching for co-working spaces and office rentals Employees working at corporate campuses nearby Families looking for housing near expressway schools and workplaces Businesspersons needing access to both Noida and Greater Noida Buyers familiar with risks of commercial leasing and commercial property holding period It may be less suitable for people who want a fully residential neighbourhood within walking distance of a metro station, large market and community park. The reason why Sector 132 Noida is considered a good business and institution-oriented locality as opposed to being a housing locality is because of its connectivity through the expressway, availability of office spaces, recognized schools, and proximity to residential localities. The best possibilities may include office spaces in well-maintained buildings having efficient layouts, reliable tenants, sufficient parking and legal documents. People buying property for residence should look into the surrounding sectors as the amenities would be more available there. A physical tour at different times of the day, especially during the busiest part of the day and in the evenings, is necessary. It could seem that the same property is extremely convenient at 11 o'clock and very inconvenient at 9 o'clock in the evening. The real estate property hardly gives its true face on a Sunday visit. Why is Sector 132 Noida famous for? Sector 132 Noida is famous for its commercial office spaces, campus, school and location next to the Noida-Greater Noida Expressway. Is Sector 132 Noida a residential or commercial place? Sector 132 Noida is mostly a commercial and campus place. Many large residential societies are found in nearby sectors like Sector 104, Sector 128, Sector 134 and Sector 137. Which metro station is closest to Sector 132 Noida? Commonly used Aqua Line stations are Noida Sector 137, Noida Sector 142 and NSEZ. The choice of station may vary based on office location and traffic situation. Is Sector 132 Noida good for office investment? Sector 132 Noida can be ideal for the investor who knows about commercial leases, tenant risk management and higher vacancy period. Factors like occupancy of the building, lease terms, maintenance quality and purchase price have to be considered. Which kinds of office space are there? There are choices like shell office space, furnished office, resold office, leased office, co-working space, managed office and some selected retail units. Are there good schools around Sector 132 Noida? Yes. The following schools like Genesis Global School, Step by Step School, JBM Global School, Delhi Public School and Somerville International School are located around or in the vicinity of this sector. What are the hospitals that surround the locality? Jaypee Hospital located in Sector 128 and Felix Hospital located in Sector 137 are some of the main hospitals located around this sector. Clinics and pharmacies can be found in the adjoining sectors. In which residential areas do the professionals living here reside? Some of the commonly preferred residential areas by the professionals include Sector 104, Sector 108, Sector 128, Sector 134, Sector 137 and other expressway sectors. Is Sector 132 Noida accessible to Delhi? Yes. It is easily accessible via Noida-Greater Noida Expressway, Mahamaya Flyover, DND Flyway and Kalindi Kunj. Time taken to travel will vary widely depending on timings. What should be confirmed before buying commercial land? The buyer needs to confirm ownership certificates, approval for use, construction/occupancy certificate, fire department approval, parking facility, maintenance cost, tenancy agreement, and lease registration along with dues. Do buildings in sector 132 Noida offer good rental yield? Good rental yield for the commercial space is possible based on the employment hub surrounding the location, although there are differences between building and tenant yields. For residential space, the demand will be more from the neighboring apartment sectors. Is Noida International Airport reachable from sector 132 Noida? Yes. Jewar Airport can be reached via expressway and connecting roadways, with the distance being approximately 45-50 km on an average.Sector 132 Noida Overview
Locality Snapshot
Location Advantage
Nearby Sectors and Localities
Connectivity and Transport
Major Connectivity Points
Property Market Overview
Common Property Options
Factors That Influence Commercial Value
Nearby Residential and Commercial Projects
Social Infrastructure
Schools and Education
Healthcare
Markets and Daily Needs
Nearby Malls and Shopping Destinations
Nearby Temples and Places of Worship
Nearby Parks and Sports Complexes
Nearby Clubs
Nearby Farmhouses and Event Venues
Nearby Hotels and Restaurants
Lifestyle and Living Experience
What Residents and Employees May Like
Points That May Need Improvement
Employment Hubs and Commercial Ecosystem
Investment Potential and Future Outlook
Things to Check Before Buying or Renting
Who Should Consider This Locality?
Summary
FAQs