Black flats near me3/2/2024 With various plans being proposed by the government, Noida city is further anticipated to witness huge demand for housing in the coming years. Noida's residential market is primarily fueled by mid-segment properties, as over 50% of the demand is focused on properties priced between INR 5,000 and 7,500 psf. Read more reater Noida and a 1.8% increase in Noida quarter-on-quarter. The under-construction segment witnessed an average rate growth of 2.6% in G. Within the residential market, the ready-to-move segment saw an average rate increase of 3.3% in Greater Noida and 4.0% in Noida during Q2 of 2023. However, due to limited new supply and rising prices, many buyers are looking for properties in the adjacent Greater Noida, which offers more affordability. The rising attractiveness of Noida as a preferred employment hub in the National Capital Region (NCR) is driving increased demand, with existing businesses expanding and new ones opening. However, regarding property prices, Noida's housing market recorded growth of 3.5% QoQ. In Q2 2023, Noida's residential real estate market witnessed a decrease of 2.4% quarter-on-quarter (QoQ) in demand (searches) and a substantial 14% QoQ drop in supply (active listings). Noida experienced the most significant decline in both demand and supply share.
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