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Greater Noida Property Market Price Trends!

Greater Noida was incepted in the year 1991 to provide world-class living facility to all the property seekers. Being just 30 km away from the capital city of Delhi, this place is also under the purview of NCR. Many events take place in this city of Uttar Pradesh every year that attract thousands of visitors. Buddh International Circuit hosts many events like Indian Grand Prix or the amazing Sunburn Festival. All in all this city is perfect for anyone who wishes to reside in modern societies away from the metropolitan crowd and enjoy their life at the same time.

 

Infrastructure & Connectivity
Greater Noida, located in the Gautam Budh Nagar of Uttar Pradesh, has become a leading residential area because of its amazing development in terms of infrastructure and connectivity. Its history dates 25 years back when it was incepted in 1991. The Greater Noida Expressway and the Yamuna Expressway offer seamless connectivity to its neighboring cities. The Dadri Railway Station is nearest to the city along with other national highways passing through it. Apart from the great connectivity, the city boasts of excellent education and healthcare facility.

 

Demography
Greater Noida, even though incepted only 25 years back, has a population of around 102,054 according to the census reports of 2011. This population has increased over the past few years. Corporate workers, laborers and students make up the majority of this population. The literacy rate of the city is 86.47% with around 91.63% literate males and 80.33% literate females. The sex ratio of the city is quite low at 837 with child sex ratio being only 818.

 

Life Style
The majority of people in Greater Noida are either corporate employees working in big IT companies of Noida or students making their career in the top Noida universities. The city houses many shopping complexes and malls like MSX Mall or Ansal Plaza to be at par with the desires of its dwellers. The Buddh International Circuit hosts the Sunburn festival which attracts people from the city and other neighboring areas like Delhi, Noida etc. The city has the perfect living standards to match the lifestyle of its people.

 

Key localities in Greater Noida
There are certain places in Greater Noida that are much more developed in terms of infrastructure and living standards. Real estate in Greater Noida has always been world class, but some localities still managed to excel than the others. The best localities of this city are: Air Force Station, Dadri Surajpur Chhalera Road, Greater Noida North, Yamuna Expressway, Sector-12, Sector-11, Knowledge Park, NH-91, etc.

 

Real Estate Market
There are numerous builders in Greater Noida that have rendered it the world-class finish. The property in Greater Noida is perfect for investment as well as residing. As it is a newly developed city, it has many opening for apartments and other plots. Every builder can be seen with the hoarding of “Property for Sale in Greater Noida”, “Real Estate for Sale in Greater Noida” or “Greater Noida Properties for Sale”. Some of these key builders of the region are: Supertech, Alfatech, Omshree Group, Rama Builders, Ganesh Builder, Saksham Infratech, etc.

 

Projects in Greater Noida
There are a number of projects in all the best localities that offer excellent residing facility as well as commercial space for business ventures. As this city was developed with the aim to provide housing facility that would match the international standards of living. Greater Noida real estate has churned out several types of projects ranging from the affordable flats to the posh and luxurious villas.

 

Govt Projects in Greater Noida
The government comes up with several housing schemes to give away affordable houses to all the property seekers. Greater Noida Housing Project is one such initiative taken by the government. Various banks like Punjab National Bank and Allahabad Bank have come up with attractive loan proposals for the members of this project.

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  • Sales Price Trends in Greater Noida

  • Property Distribution @ Realestateindia.com

  • Locality Price Range (Rs./Sq-ft) Average Price
    (Rs./Sq-ft)
    Jan 2018
    vs
    Apr 2018
    Pari Chowk 4679 - 7111 5895 0%
    Sector Pi 1 3475 - 4250 3862.5 0%
    Swaran Nagri 3331 - 3913 3622 0%
    Beta 2 3235 - 4082 3658.5 0%
    Sector 16 3145 - 4640 3892.5 0%
    Omicron 1 2596 - 3445 3020.5 14%
    Yamuna Expressway 2095 - 3442 2768.5 1%
    • 62% - Apartments / Flats
    • 5% - Bunglow & Villas
    • 20% - Residential Plots
    • 2% - Builder Floor
    • 8% - Independent House
Disclaimer : The Price Trend of different location has been compiled from the asking price of the database of properties listed on RealEstateIndia.com and are not based on the actual transactions. Therefore RealEstateIndia.com does not give any guarantee of the accuracy, reliability and completeness of any information and data should be verified independently.

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