Noida & Greater Noida Residential Market Soars: Square Yards

Noida and Greater Noida have solidified their positions as prominent residential hubs in Delhi NCR, second only to Gurugram. According to Square Yards, 8,128 property transactions were registered in these regions during the September 2024 quarter, a 6% year-on-year (YoY) growth.
Greater Noida accounted for 62% of these transactions, driving the market momentum. The combined home sales value for the two cities rose significantly to ₹6,328 crore, marking a 34% YoY increase.
Notably, Noida recorded a 62% YoY surge in home sales value, outpacing Greater Noida's 13% growth. This shift reflects a rise in average home values, with Noida’s average sales value climbing to ₹1.05 crore and Greater Noida reaching ₹61 lakh.