Noida Real Estate Market: Property Prices More Than Double in Last Five Years
Over the past five years, the twin cities of Noida and Greater Noida—once known for their reasonably priced and mid-segment real estate—have become destinations for luxury real estate. Property prices in Noida and Greater Noida have doubled over the past five years, according to real estate specialists and available market statistics.
The data indicates that the weighted average prices of newly launched housing complexes in the Noida and Greater Noida regions have increased by 152% and 121%, respectively, since 2019-2020 (the pre-Covid period) in 2024. In a similar vein, the secondary housing market in Noida has seen a notable price increase of almost 81% during the previous five years.
In addition to other important Delhi-NCR micromarkets, the Noida area has become a popular location for upscale housing developments. Increased economic activity, better connectivity, upgraded infrastructure, and positive buyer attitude are all factors that have contributed to Noida’s real estate market’s transition from an inexpensive to a luxury hotspot.
