Both Gurugram and Noida West have their good points. Gurugram is said to be a very luxurious residential project, close to the corporate offices, and with good infrastructure. That's a luxury for the future for those opting for it. Noida West is the said Greater Noida West, affordable housing, well-planned sectors, and rapidly developing infrastructure to offer good options for middle-class buyers and first-time home buyers in Delhi-NCR.
The average price for ready-to-move-in property in Noida West would range between the bracket of ₹35 lakhs to ₹1 crore depending on various projects, size, and its proximity to metro stations and highways. This can be a very good option for those who can afford modern housing at an affordable price.
Both Noida West and Gurugram have great social infrastructure. Gurugram has a good school such as The Shri Ram School as well as GD Goenka World School and also comprises excellent hospitals like Medanta and Fortis. Noida West also comprises good educational institutions like DPS and Lotus Valley International School, and as a matter of fact, famous hospitals such as Fortis Hospital Noida and Yatharth Hospital.
Gurugram and Noida West both offer facilities at large in modern residential ventures. These are like clubhouses, swimming pools, gyms, playgrounds for kids, jogging tracks, and green spaces. Some of the luxury projects have smart home amenities along with sports courts and spas. The developers in Gurugram are relatively more inclined towards luxury amenities as compared to Noida West where it balances affordability with modern facilities.
Yes, Gurugram as well as Noida West have schemes under the Pradhan Mantri Awas Yojana (PMAY). There are products that provide financial help to the first-time homebuyer. The financially eligible buyer can now use a home loan to buy a house. This is a subsidized interest loan.
It has a pretty good resale market for high-end properties in developed areas such as Golf Course Road and Cyber City. The resale market is gaining fast popularity in Noida West as well due to affordable deals and a rapidly developing infrastructure of the place. However, resale prices may vary according to the property location, age, and amenities.
Gurugram is expected to boom where the Dwarka Expressway, New Gurugram and areas around Sohna are under development which is going to start major infrastructural works as well as some commercial projects coming up in this area. In Noida West, areas surrounding the Aqua Line Metro as well as the upcoming Jewar Airport are forecasted to boom with rapid development and increased property value within the next 5 years.
Both areas provide metro connectivity. While for Gurugram, Delhi Metro has a Yellow Line that has stations in Huda City Centre and Sikanderpur. Of course, there's Rapid Metro all across Gurugram as well. For Noida West, Aqua Line Metro is available for public transportation connecting Noida and Greater Noida.
All documents must be checked, including the title deed, RERA registration, agreement with the builder, approval of building plans, and home loan eligibility from the bank. Also, a clear ownership and no dispute over the property.