Noida Realty Trends
Retail Investment

What Shops and Malls Are Planned in Sector 97, 98 Noida?

Retail plans for Sectors 97 and 98 Noida: what's confirmed, what's marketing claim, and how to verify before you lease or buy.

Aarav Sharma12 min read
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What Shops and Malls Are Planned in Sector 97, 98 Noida?
Retail Investment · Noida Realty Trends

Answer: Sector 97 has a verified high-street retail and food court commercial component from a registered UP RERA project, while Sector 98 has at least one marketed mall claiming global-brand leasing that has not been independently confirmed. Treat all brand names, per-sq-ft rates and tenant lists as claims to verify on UP RERA, with the developer, or through IGRSUP sale deeds, not as settled facts.

Evidence-led guide: we do not quote live prices, approvals or returns as our own claims. Verify project-specific facts on the official sources linked below before acting.

What retail is actually planned in Sector 97 Noida?

Sector 97 currently has the clearer, better-documented retail story among the two sectors. Project pages and channel-partner listings describe a commercial development with retail shops, a food court and restaurant zones, and entertainment-oriented commercial space, positioned along the Noida Expressway belt that includes the Billionaires' Corridor stretch from Sector 94 to 98.

One such project is M3M Jacob and Co, which several listings show carrying UP RERA registration UPRERAPRJ690055/10/2025 with a stated completion date; buyers should always pull the live registration entry themselves on UP RERA (up-rera.in) rather than relying on a broker page, since numbers and dates on marketing sites can lag or misstate the official filing.

A separate marketed component in the same sector, described on some sites as a roughly 6-acre high-street retail stretch with retail, food and beverage, and commercial space, illustrates why Sector 97 reads as an active commercial corridor rather than a single isolated project. Even so, 'high-street retail' as a phrase on a brochure is a design and positioning claim, not proof of signed tenants.

What retail is planned in Sector 98 Noida?

The most visible retail-linked project associated with Sector 98 is a mall marketed under the Sikka Mall of Noida name, positioned as a fashion, lifestyle and F&B destination. Marketing pages for this project list well-known apparel brand names as prospective or leasing tenants, but a brand name appearing on a developer's website is not the same as a signed lease or a confirmed store opening date.

No authoritative, government-issued 'retail master plan' specifically naming Sector 98 as a designated shopping district was found in the course of this research. For actual land-use classification, permitted commercial activity and layout plan status in Sector 98, the only reliable route is checking directly with NOIDA Authority records alongside the specific project's filing on UP RERA.

Readers should treat any list of brand names tied to Sector 98 as unverified until it can be cross-checked against a signed leasing announcement from the retailer itself, a mall tenant directory, or direct confirmation from the developer's leasing desk.

Which shopping areas near Sector 97 and 98 Noida already work for footfall?

For established, high-footfall shopping right now, the Noida Expressway and central Noida corridor already has a working retail base that predates the Sector 97-98 pipeline: DLF Mall of India, The Great India Place, Logix City Centre and Wave Mall are the recognised anchor destinations that a Sector 98 retailer directory itself references as nearby retail locations.

For someone buying or leasing in Sector 97 or 98 specifically for the future catchment, the practical comparison is not 'is there a mall here yet' but 'how does this corridor connect to those existing footfall generators.' Exact drive time and road access depend on the specific tower, block and expressway entry/exit point, so this should be confirmed on the ground rather than assumed from a sector number alone.

If metro-linked footfall matters to your retail plan, NOIDA Metro Rail Corporation route and station data is the correct source to check current and planned connectivity for the Sector 94-98 stretch, rather than relying on a project brochure's claim of 'metro proximity.'

How much does retail space cost in Sectors 97 and 98 Noida?

Available figures are indicative marketing prices, not verified transaction data, and should be treated accordingly. For Sector 97, one project listing shows a range of roughly Rs 29,000 to Rs 60,000 per sq ft, a second commercial listing shows roughly Rs 32,000 to Rs 60,000 per sq ft, and a third breaks pricing down by floor: ground-floor retail at roughly Rs 55,000 to Rs 65,000 per sq ft and upper-ground floor retail at roughly Rs 38,000 to Rs 45,000 per sq ft.

For Sector 98, the one commercial listing found in this research shows a starting price of roughly Rs 2.06 crore for a retail, cafe or restaurant unit, quoted as a lump-sum figure rather than a per-square-foot rate, which makes it hard to compare directly against Sector 97 listings without knowing the exact carpet or saleable area behind that number.

None of these figures should be quoted as 'the price' of retail space in either sector. Confirm current asking prices directly with the developer or an authorised channel partner, check UP RERA (up-rera.in) for the registered carpet area and any price disclosures filed with the project, and where possible cross-reference actual registered sale deeds on IGRSUP (igrsup.gov.in) to see what similar retail units have transacted for, since asking prices and closing prices in commercial real estate frequently diverge.

Which brands are confirmed to be opening shops in Sector 98 Noida?

No independently confirmed brand-opening list exists for Sector 98 based on the sources reviewed here. A mall marketing page names brands including Zara, H&M, Tommy Hilfiger, FabIndia and Biba as part of its retail positioning, but this is a developer marketing claim, not a signed leasing disclosure, and such lists commonly include aspirational or in-discussion tenants alongside confirmed ones without distinguishing between them.

A separate general retailer directory for the Sector 98 area lists a number of brands with a presence in nearby Noida malls, but it does not state that these brands are opening new stores specifically inside a Sector 98 project, so it cannot be used to confirm anything about Sector 98 tenancy.

Before treating any brand name as a reason to buy or lease nearby retail space, ask the developer's sales team for the signed lease deed or letter of intent, or wait for the brand's own store-locator page or press release to list a Sector 98 address.

Is retail space in Sector 97 or 98 Noida worth buying now, or is it too early?

The honest answer is conditional: it depends on whether the specific project is UP RERA registered with a credible completion date, whether the developer has a documented delivery record elsewhere, and whether you are buying for long-term catchment growth or expecting quick turnaround. Sector 97 currently has more verifiable groundwork, including a RERA-registered project with a stated completion timeline, than Sector 98, where the most visible retail asset is still primarily a marketing-stage mall concept.

Buying early in a corridor before anchor malls, brand tenants and full connectivity are locked in can mean lower entry pricing, but it also means the retail catchment you are betting on does not exist yet. This is a real trade-off, not a reason to avoid the sector outright, and it should be weighed against your own holding period and risk tolerance rather than against a brochure's projected footfall numbers.

A reasonable rule for this specific pair of sectors: treat Sector 97 retail commitments as further along and more checkable via RERA filings, and treat Sector 98 retail commitments as earlier-stage and requiring more direct verification with the developer before you rely on any brand name or footfall claim attached to it.

What should you verify before signing anything in Sectors 97 or 98?

Start with UP RERA. Every registered project has a public entry showing promoter details, registered area, sanctioned plan, and the stated completion date, and this single check catches most of the gap between marketing copy and legal reality.

Check the land parcel's tenure and lease structure. Most Noida Authority-allotted commercial land is on a 99-year leasehold basis, and any resale or transfer typically requires a Transfer Memorandum with an associated charge payable to the Authority; factor this into your total cost and timeline rather than treating the quoted sale price as the full cost of ownership.

Cross-check registered transaction values on IGRSUP rather than relying on brochure per-square-foot figures, confirm land-use and layout approval status with NOIDA Authority directly, and if any marketing material references 'assured returns' on a leased retail unit, treat that specifically as a due-diligence red flag rather than a benefit, since regulators and buyer forums alike have flagged such assured-return retail schemes for scrutiny; ask instead to see the actual registered lease deed, the tenant's covenant strength, and the payout track record before assuming any return is guaranteed.

How does Sector 97-98 retail compare with other Noida Expressway commercial addresses?

For context, retail-oriented commercial addresses elsewhere on the Noida Expressway and in nearby sectors include projects from developers such as Bhutani Group, Gaurs Group, ATS Greens and County Group, each with its own mix of high-street and mall-format retail at different stages of construction and leasing. Comparing these on stated, checkable criteria, rather than on brand reputation alone, is the only fair way to judge them against Sector 97-98 options.

The genuinely comparable criteria are: current UP RERA registration status and completion date, any documented delivery record the developer has elsewhere in Noida, physical location within or outside the Sector 72-98 commercial belt, and what has actually been filed or disclosed publicly, as opposed to what a brochure claims about future footfall or brand tenants.

On those specific, verifiable points, a RERA-registered Sector 97 project with a stated completion date and food court/retail configuration is presently easier for a buyer to check than a Sector 98 mall concept still built primarily around marketing-stage brand claims. This is a statement about verification stage, not a ranking of long-term investment merit, since a project's ultimate catchment and rental performance depend on delivery, tenant sign-ups and connectivity that unfold over years.

How to verify this yourself

  • Confirm the project's live UP RERA registration number, sanctioned area and stated completion date directly on up-rera.in rather than trusting a broker listing
  • Cross-check any quoted per-sq-ft or lump-sum retail price against registered sale deeds on IGRSUP (igrsup.gov.in) to separate asking price from transacted value
  • Verify land-use classification and layout approval for the specific plot in Sector 97 or 98 with NOIDA Authority before assuming permitted commercial use
  • Treat any brand-tenant list on a mall or project marketing page as unconfirmed until verified via a signed leasing announcement or the retailer's own store locator
  • Check NMRC route and station data directly for current and planned metro connectivity rather than relying on a brochure's 'metro proximity' claim
  • If any scheme mentions assured or guaranteed rental returns, request the registered lease deed and tenant covenant details before treating it as a benefit

Sources and where to verify

Continue your Noida research

Frequently Asked Questions

What retail is planned in Sector 97 and 98 Noida?+

Sector 97 has a documented commercial component with retail shops, food court and restaurant space tied to a RERA-registered project, while Sector 98's main retail-linked asset is a marketed mall project whose brand-tenant claims have not been independently confirmed; verify both directly on UP RERA and with the developer before relying on either.

Which brands are opening shops in Sector 98 Noida?+

No brand-opening list for Sector 98 is independently confirmed; a mall's marketing page names apparel brands as part of its positioning, but this should be treated as a claim to verify through a signed lease announcement or the brand's own store locator, not as fact.

How much does retail space cost in Sectors 97 and 98 Noida?+

Available figures are indicative asking prices only, ranging roughly from the high twenty-thousands to mid sixty-thousands per sq ft in Sector 97 listings and a lump-sum starting figure near Rs 2.06 crore for one Sector 98 unit; confirm current pricing with the developer and check IGRSUP for actual registered transaction values.

Is buying retail space in Sector 97 or 98 Noida worth it right now?+

It can be worth it if the specific project is UP RERA registered with a credible completion date and the developer has a documented delivery record, but it is early-stage for catchment and brand confirmation, especially in Sector 98, so treat it as a longer-horizon bet rather than an immediate-footfall purchase.

What is the best shopping area near Sector 97 Noida today?+

The established, working shopping destinations nearest this corridor right now are DLF Mall of India, The Great India Place, Logix City Centre and Wave Mall along the wider Noida Expressway and central Noida belt, since Sector 97-98's own retail projects are still in construction or early-leasing stages.

Does 'assured return' on a Sector 97 or 98 retail unit mean it is a safe investment?+

No, an assured-return claim on a retail lease should be treated purely as a due-diligence flag, not a selling point; ask for the actual registered lease deed and tenant details, since such schemes have drawn regulatory and buyer-forum scrutiny in Noida and elsewhere in NCR.

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