According to a JLL analysis, real estate developers in Noida purchased more than 59 acres of land in 2023 for a total estimated value of ₹1775 crore.
In 2023, 14,822 apartments in Noida, valued at around ₹24944 crore, were sold. This expansion has been attributed to various factors, including the availability of high-quality housing options, increasing investments, improved job prospects, and attractive development potential, according to a March 19 JLL research.
In Noida, the average price of an apartment increased significantly from ₹1.24 crore in 2022 to ₹1.68 crore in 2023. The price increase emphasizes the Noida residential market’s appeal even further.
In Noida, the average price of an apartment increased significantly from ₹1.24 crore in 2022 to ₹1.68 crore in 2023. The price increase emphasizes the Noida residential market’s appeal even further.
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Also Read: 7 considerations for real estate investors prior to purchasing a home in Noida or Greater Noida
Prominent national developers now frequently showcase their projects at the Noida-Greater Noida Expressway mini market. Additionally, ultra-luxury projects with a limited number of units have been introduced in the Greater Noida submarket.
Government agencies’ resuscitation of shelved projects and real estate developers’ active involvement have further bolstered faith in
