Can I Buy a Residential Plot in Greater Noida Sector 16 for Under ₹1 Crore?
👤 MAXROW PROPERTIES
📅 16 Feb 2026

Can I Buy a Residential Plot in Greater Noida Sector 16 for Under ₹1 Crore?

If you’re planning to invest in a residential plot in Greater Noida, one of the most common questions is: “Can I buy a plot in Sector 16 under ₹1 crore?”

The practical answer in 2026 is yes — especially in the 84 to 112 sq. m. category. However, understanding market rates, legal structure, and growth potential is important before making a decision.

Sector 16 Greater Noida Plot Price – Current Market Reality

If you are searching for Sector 16 Greater Noida plot price, current resale trends show rates between:

₹7,800 to ₹14,200 per sq. ft.

These figures are based on 2026 resale transactions and local market activity. Prices vary depending on:

  • Road width
  • Corner or park-facing location
  • Internal vs main road
  • Urgency of seller

With a ₹1 crore budget, buyers can usually consider:

  • 84 sq. m. plots – ₹45 to ₹65 lakhs
  • 112 sq. m. plots – ₹75 to ₹90 lakhs
  • Selected 120 sq. m. resale plots – near ₹95 lakhs to ₹1.1 crore

This makes Greater Noida Authority plots Sector 16 one of the few developed options still available in the sub-₹1 crore segment.

Note: Property prices are subject to change depending on market demand, policy updates, and infrastructure announcements.

GNIDA Plots in Sector 16 – Legal Structure Explained

Sector 16 plots come under the Greater Noida Industrial Development Authority (GNIDA).

These are typically 99-year leasehold plots, not freehold. Buyers should understand:

  • Lease terms
  • Transfer conditions
  • Dues clearance requirements

Authority Rate vs Market Rate

  • Authority (circle) rate is the government-defined base value.
  • Market resale rate may be higher depending on demand and location.

This difference is important when calculating stamp duty and transfer charges.

Authority Plot Transfer Charges in Greater Noida

When buying a resale plot, budget separately for:

  • Transfer Memorandum (TM) charges
  • Stamp duty (based on circle rate)
  • Registration fees

Buyers looking for authority plot transfer charges in Greater Noida should always verify updated policies from GNIDA records before finalizing a deal.

Is Sector 16 Possession-Ready?

Yes. Sector 16 is a developed authority sector with:

  • Paved roads
  • Sewerage lines
  • Electricity supply
  • Street lighting

Before purchasing, physically inspect the plot and confirm that utilities are available.

Construction Rules – How Many Floors Can You Build?

One major advantage of GNIDA plots in Sector 16 is that construction up to:

G+3 (Ground + 3 Floors)

is allowed as per current authority norms.

This allows:

  • One floor for self-use
  • Additional floors for rental income
  • Better return on investment
Investment Potential & Jewar Airport Impact

Many investors searching for plots near Jewar Airport consider Sector 16 because of improved regional connectivity linked to Noida International Airport.

Recent trends indicate a 4%–7% annual appreciation range in nearby developed sectors. While future growth depends on infrastructure expansion and demand cycles, Sector 16 benefits from being a stable, already-developed locality rather than a speculative zone.

Sector 16 vs Sector 16B – Which Is Better?
  • Sector 16 → Suitable for buyers under ₹1 crore
  • Sector 16B → Premium category with higher entry cost

If budget control and steady growth matter, Sector 16 remains a practical choice.

Step-by-Step Buying Process

To ensure a safe transaction:

  1. Verify allotment status with GNIDA
  2. Check for pending dues
  3. Review lease deed copy
  4. Confirm transfer charges
  5. Complete sale deed registration

This structured approach reduces legal risk.

Final Verdict

Yes, you can buy a residential plot in Greater Noida Sector 16 under ₹1 crore — especially in the 84 to 112 sq. m. range.

With:

  • Authority-backed documentation
  • Developed infrastructure
  • G+3 construction flexibility
  • Stable appreciation trends

Greater Noida Authority plots Sector 16 continue to offer a balanced option for both homebuyers and long-term investors in 2026.

In search of Sector 16 Verified Plots?

If you are actively searching for genuine resale options, updated Sector 16 Greater Noida plot price, or assistance with transfer and legal verification, professional guidance can save you time and risk.

Maxrow Properties helps buyers with:

  • Verified GNIDA plot listings
  • Price negotiation support
  • Complete transfer documentation assistance
  • Site visit coordination

Contact Maxrow Properties today to explore available plots in Sector 16 and secure the right property within your ₹1 crore budget.

Don’t Delay, Join Us Today!
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QUESTIONS

Frequently asked questions

Since these are GNIDA (Greater Noida Authority) plots, most nationalised and private banks provide loans easily. You will need a Transfer Memorandum (TM) issued by the Authority in your name, the original allotment letter, and a "No Dues Certificate." Note that banks usually fund 70–80% of the Circle Rate or the registered value, whichever is lower, rather than the total market price.

Sector 16 contains "6% Farmer Quota" plots, which were allotted to local farmers in exchange for their land. These are often 10% to 15% cheaper than general category plots. While they are safe to buy, ensure the farmer has a valid Lease Deed and that the plot is located in a developed pocket with clear demarcations before proceeding with the purchase.

When budgeting for a plot under ₹1 Crore, you must account for:

  • Transfer Charges (TM): Payable to the Authority to change ownership.
  • Stamp Duty: Usually 5% to 7% of the circle rate for registration.
  • Location Charges (PLC): Extra costs if the plot is a corner unit or park-facing.
  • Electricity & Water Connection: One-time security deposits and installation fees.

Yes. According to the Noida Authority Guidelines, buyers must complete a minimum percentage of construction (typically the boundary wall and at least one functional room/toilet) within a specific timeframe (usually 3–5 years from allotment). If you fail to build, the Authority may levy an Extension Fee annually, which increases over time.

Sector 16 is strategically located near Knowledge Park V, which is emerging as a massive IT and Educational hub. Investing in a plot here allows you to build a multi-floor independent house (up to G+3). This creates a high rental demand from students and young professionals working in nearby tech parks, ensuring a steady secondary income stream.