Aerial view of Sector 124, Noida

Area Guide

Living, Buying or Investing in Sector 124

Explore property prices, rental trends, connectivity, lifestyle and investment potential before deciding where to live or invest.

Old Noida (Sectors 21-40) 4.1/5 Livability Institutional Belt
Prepared by Condivio Market ResearchReviewed by a Noida property specialist

Population

0.05 Lakh

Sector 124 (approx.)

Average Purchase Price

₹10–14K / sq.ft.

Typical 2 BHK: ₹51L–65L

Average Monthly Rent

₹23K–42K

Typical 2 BHK

Price Trend

↑ 6–9%

Past 12 months

Investment Outlook

Strong

NOIDA Authority leasehold — verify the lease terms

Area Overview

What makes Sector 124 special

Sector 124 sits at the northern end of the institutional belt, closest of the group to old Noida.

It combines residential provision with institutional and corporate use.

Like all Noida property it is held on Authority lease rather than freehold.

Institutional Belt
Closest to Old Noida
Mixed Use
Leasehold
Parks & Gardens
Markets & Malls

Who Lives Here

Demographics, languages & community

Population

Sector 124 (approx.)0.05 Lakh
Density≈2,700/km²
Area≈1.3 km²

A mixed residential and institutional population at the northern end of the belt.

Languages

Hindi54%
English24%
Punjabi10%
Bengali6%
OthersOthers

Official languages: Hindi and English. Hindi dominates everyday use across Noida.

Communities

North Indian (Other)

Large professional population

North Indian (Punjabi)

Established community

Bengali

Substantial long-settled community

South Indian

Corporate and IT community

Others

Communities from across India

A planned NOIDA Authority sector, developed on a grid layout with generous green provision.

Typical Residents

46%

Families

Sector housing and society households

26%

Young Professionals

Noida IT and Delhi commuters

12%

Investors

Buy-to-let and held units

10%

Students & Staff

The institutional belt

6%

Trade & Services

Local business

Food & Dining

From street food to fine dining

Street food and dining in Sector 124, Noida

Taste of Sector 124

From ₹20 street snacks to ₹2500 restaurant dining

Budget Friendly

Cheap Eats & Street Food

Restaurants

Popular Restaurants

Cafes & Nightlife

Cafes & Bars

Transport & Commuting

Getting around from Sector 124

Local train and transport links serving Sector 124, Noida

Exceptionally Connected

Institutional Belt • Aqua Line 3 km • Connaught Place 51 min • IGI 35 km

Local Train

New Delhi railway station is about 29 km; Ghaziabad and Anand Vihar are nearer alternatives.

Metro

Delhi Metro Aqua Line is about 3 km. Noida has two operating lines — Blue and Aqua — with an interchange at Sectors 51–52.

Airport

Indira Gandhi International Airport about 35 km — around 55 minutes at peak.

Roads

Sector roads link to the Noida–Greater Noida Expressway, DND Flyway and NH-24.

Commute Times from Sector 124

Aqua Line Metro

9 min • Road

Sector 18 market

22 min • Road

Connaught Place

51 min • Metro

DND Flyway

14 min • Road

IGI Airport

55 min • Road

Noida–Greater Noida Expressway

13 min • Road

Amity University

5 min • Road

Sector 137 Metro

8 min • Road

Schools & Colleges

Schools, colleges & learning centres

Higher Education

Colleges & Universities

Schools

Schools (K–12)

Family & Kids

Playgrounds, activities & healthcare

Neighbourhood park in Sector 124, Noida

Family-Friendly Living

Parks, schools and hospitals — all within reach

Parks & Play

  • Sector parks
  • Green belts (1 km)
  • Society gardens
  • Okhla Bird Sanctuary
  • Multiple society playgrounds

Healthcare

Weekend Activities

Young Professionals & Students

Coworking, fitness & social life

Offices and coworking space in Sector 124, Noida

Work, Play, Repeat

Coworking from ₹800/day • Gyms • Planned sector layout

Coworking Spaces

  • 91springboard (Sector 62)
  • WeWork (Sector 62)
  • Innov8 (Noida)
  • Day passes from ₹800

Fitness & Gym

  • Multiple branded gyms
  • Yoga studios
  • Society swimming pools
  • Morning walking groups

Work Cafes

  • Starbucks
  • Chaayos
  • Cafe Coffee Day
  • Multiple chai tapris

Nightlife

  • Sector market dining
  • Mall restaurants and bars
  • Bars close by 1 am
  • Quieter than Delhi

Premium Living

For affluent renters & luxury seekers

Luxury Residences

High-End Living Options

Premium 3 BHK Apartments

In the society and sector housing. Lift, parking and power backup standard in the newer builds.

₹32K – ₹62K/month

Builder Floors & Independent Houses

NOIDA Authority plotted houses and builder floors, the characteristic sector stock.

₹58K – ₹1.5L/month

Serviced Apartments

Serviced apartments are a solid market here, driven by the IT and corporate belt.

₹30K – ₹68K/month

Premium Lifestyle

Fine Dining, Clubs & Wellness

Fine Dining

Wellness & Spa

Clubs & Lounges

Airport Proximity

Indira Gandhi International Airport about 35 km — around 55 minutes at peak

Chauffeur Services

Easy access to Uber Black, Ola Lux, and private chauffeur services

Designer Shopping

Sector market, Sector 18 (11 km), Noida malls

Northern Institutional Belt

Closest of the group to the old city

Sector 124 vs Nearby Areas

Side-by-side with nearby localities

A practical comparison to help you decide if Sector 124 is the right fit versus neighbouring localities.

FactorSector 124Sector 125Sector 126Sector 127Sector 128
1 BHK Rent₹13K–20K₹13K–20K₹13K–20K₹13K–20K₹17K–27K
2 BHK Rent₹23K–42K₹23K–42K₹23K–42K₹23K–42K₹30K–56K
Premium Rent₹60K–1.34L₹60K–1.34L₹60K–1.34L₹60K–1.34L₹78K–1.79L
Luxury Rent₹1.04L–2.73L₹1.04L–2.73L₹1.04L–2.73L₹1.04L–2.73L₹1.35L–3.64L
Train StationNew Delhi (30 km)New Delhi (30 km)New Delhi (31 km)New Delhi (31 km)New Delhi (29 km)
Metro AccessMetro AccessAqua (3 km)Aqua (3 km)Aqua (3 km)Aqua (4 km)
Airport DistanceAqua (2 km)36 km36 km37 km37 km
Nightlife35 kmLimitedLimitedLimitedLimited
Education HubModerateVery GoodVery GoodVery GoodVery Good
Very GoodGreen Belt Access1 km1 km1 km1 km
Safety Rating1 km4.1/54.1/54.1/54.1/5
Food Scene4.1/5LimitedLimitedLimitedLimited
Green SpacesModerateVery GoodVery GoodVery GoodVery Good
Very GoodExpat FriendlyGoodGoodGoodGood

Why choose Sector 124?

Sector 124 sits at the northern end of the institutional belt, closest of the group to old Noida, combining residential provision with institutional use and the Aqua Line about 3 km. Like all Noida property it is leasehold.

Condivio Advisor

Still deciding between these neighbourhoods?

A Condivio Advisor can compare them based on your budget, commute, family needs and investment goals.

Budget and property comparison
Commute and connectivity analysis
Lifestyle and family suitability
Appreciation and rental potential

Parks & Outdoors

Green spaces and recreation

Parks & Gardens

Sector parks

NOIDA Authority parks through the sector — the planned green provision is generous.

Best for: Morning walks & families

Green belts

Planted belts about 1 km, part of the city’s grid layout.

Best for: Cycling & walking

Okhla Bird Sanctuary

Wetland habitat on the Yamuna, best in the winter migration season.

Best for: Birdwatching

Entertainment & Things to Do

Shopping

Sector market, Sector 18 (11 km), Noida malls

Attractions

Sector 18 market (11 km),, Noida malls,, Okhla Bird Sanctuary

Sports

Sector sports complexes, Society clubhouses, Noida Stadium

Places of Worship

Sector temples, Local shrines & gurudwaras

Daily Living in Sector 124: Shops, Banks & Services

Supermarkets, services & essentials

Supermarkets

  • Sector market
  • Sector 18 (11 km)
  • Local sabzi mandi
  • Blinkit & Zepto delivery

Pharmacies

  • Apollo Pharmacy
  • Wellness Forever
  • Multiple 24/7 stores
  • Home delivery available

Banks & ATMs

  • SBI, HDFC, ICICI
  • Kotak, Axis Bank
  • ATMs every 200m
  • UPI widely accepted

Gyms & Fitness

  • Sector gyms from ₹1200/mo
  • Society clubhouse gyms
  • Cult.fit (Noida)
  • Yoga studios

Convenience

  • 24/7 stores available
  • Swiggy/Zomato active
  • Laundry services
  • Home services apps

Internet & Mobile

  • Jio Fiber available
  • Airtel Xstream
  • Good 4G/5G coverage
  • 100 Mbps from ₹699/mo

Parking

  • Sector parking adequate
  • Wide planned roads
  • Market parking tight
  • Autos & cabs abundant

Libraries

  • Sector library
  • School libraries
  • Society libraries
  • Local reading rooms

Property Prices in Sector 124

Average monthly rents in Sector 124 (2026 estimates)

TypeRangeBest For
PG / Shared₹6K – ₹9KStudents / Young professionals
1 RK₹10K – ₹14KSingles
1 BHK₹13K – ₹22KCouples / Young professionals
2 BHK₹23K – ₹42KSmall families
3 BHK₹36K – ₹69KFamilies
3 BHK Premium₹60K – ₹1.34LAffluent families / Expats
Penthouse / Villa₹1.04L – ₹2.73LHNIs / Senior management

Note: NOIDA IS A LEASEHOLD MARKET — property is held on NOIDA Authority lease, not freehold. Verify the lease deed, remaining term and transfer permission. Budget for transfer charges.

Pros and Cons of Renting in Sector 124

What you should know before moving

What's Great

  • ✓Delhi Metro Aqua Line about 3 km
  • ✓Connaught Place about 51 minutes by metro
  • ✓Sector 18 market about 11 km
  • ✓Generous planned green provision and wide sector roads
  • ✓Local hospitals about 3 km
  • ✓Amity University about 2 km
  • ✓IGI Airport about 35 km
  • ✓Sector market for everyday needs
  • ✓Two operating metro lines across the city
  • ✓Closest of the institutional belt to old Noida

What to Watch Out For

  • LEASEHOLD TENURE — NOIDA Authority lease, not freehold
  • Transfer needs Authority permission and attracts charges
  • Check the remaining lease term and any conditions before buying
  • There is no municipal corporation — NOIDA Authority does the civic role
  • Older sector stock varies considerably in condition
  • Market parking is tight in the established sectors
  • Air quality across the NCR is a documented seasonal problem
  • Power backup arrangements vary between societies
  • NOT old Noida — roughly 10 km south on the expressway
  • Term-time traffic on the institutional approach roads

Renting in Sector 124: Pro Tips

Locality Ratings

4.2

Connectivity

3.2

Lifestyle

4.1

Safety

4.2

Environment

Skyline of Sector 124, Noida at golden hour

Considering Sector 124?

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Frequently Asked Questions

Quick answers about living, buying and renting in Sector 124.

Is Sector 124 a good place to live?

Sector 124 sits at the northern end of the institutional belt, closest of the group to old Noida, combining residential provision with institutional use and the Aqua Line about 3 km.

What is the average property price in Sector 124?

Purchase prices are typically around ₹10,000–14,000 per sq.ft, with a typical 2 BHK ranging from ₹51L to ₹65L.

What is the rent for a 2 BHK in Sector 124?

A 2 BHK in Sector 124 typically rents for ₹23,000 to ₹42,000 per month depending on building, floor and condition.

How far is the institutional belt from old Noida?

Roughly ten to twelve kilometres, which is a real distance rather than a technicality. From Sector 124 at the northern end, Sector 18 is about eleven kilometres and Connaught Place around fifty-one minutes; from old Noida proper those figures are two to four kilometres and thirty-eight to forty-two minutes. The belt also sits on the Aqua Line rather than the Blue, so the route into Delhi runs via the Sector 51 interchange. Grouping these sectors under an “Old Noida” heading obscures a genuinely different market, and buyers should compare them against the corridor sectors instead.

Is Sector 124 suitable for families?

Sector CBSE schools operate within 2 km with DPS Sector 30 about 13 km and Amity International about 12 km, plus local hospitals about 3 km.

Is Sector 124 a good investment?

Reported price appreciation has been roughly 6–9% per year with rental yields around 3–3.5%. As with any market, actual returns vary and should be checked against current transaction data before investing.

How far is Sector 124 from Noida airport?

Sector 124 is about 35 km from Indira Gandhi International Airport — around 55 minutes at peak.

What are the best nearby alternatives to Sector 124?

Comparable alternatives include Sector 125, Sector 126, Sector 127 and Sector 128.

Data, methodology & sources. Prices and rents are indicative locality ranges for Sector 124, compiled from active listings and registered transaction data, updated 10 August 2026; actual figures vary by building age, condition, floor, amenities and micro-location. Prepared by Condivio Market Research and reviewed by a Noida property specialist. Sources include UP Stamp & Registration (IGRSUP) records, property-listing aggregators and Condivio’s internal market tracking. Investment indicators are historical and not a guarantee of future returns.