Noida & Greater Noida See 59% Surge in Residential Sales Value in June

Noida and Greater Noida have emerged as top residential real estate markets in Delhi NCR, trailing only Gurugram. In Uttar Pradesh, these cities lead in property activity, followed by Ghaziabad and Lucknow. According to Square Yards, the June quarter of 2024 saw 8,212 residential transactions in Noida and Greater Noida, marking a 29% increase from last year. The sales value surged by 59% year-on-year to ₹6,013 crore, driven by infrastructure projects like Jewar International Airport and metro expansions, alongside a recent ₹60 crore investment by Greater Noida Authority to enhance city amenities.