31 December 2022

Homebuyer’s Guide To Noida

OLM Desk
Rapid industrialisation and the emergence of new educational institutions has given Noida’s housing market an edge over other cities in Delhi NCR. Besides, opportunities for homes across budgets, along with advantages of robust connectivity and great infrastructure, have made it attractive for investors, too. Noida’s mid-segment properties ruled the online searches, echoing the upbeat demand in Q3 2022. About 65 per cent of the total searches were for properties in the Rs 30 lakh to Rs 1 crore range, while the Rs 30-60 lakh segment saw over a third of the demand share. New launches in Q3 were limited, owing to the hike in repo rate hike and upward price correction. Two-bedroom configurations were the most sought-after, accounting for 41 per cent of the total demand.
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