Noida: There has been a big increase in the number of home buyers in Noida-Greater Noida. If we look at the figures for the last three months, then they clearly indicate a boom in the property market. The figures released by the organization monitoring the real estate business show that in the last three months, the number of home buyers has increased more in Noida than in Greater Noida.
Real estate increased by up to 34 per cent
According to the report of Proptech Institute Square Yards, an agency that collects data on real estate business, the real estate sector of Noida and Greater Noida witnessed a sale and purchase business of houses worth Rs 6,328 crore during the period July-September 2024. It is clearly showing an increase of 34 per cent as compared to last year in the same period.
62 per cent increase in home sales in Noida
The data of the last three months shows that Noida has achieved an annual growth of 62% in home sale prices, while Greater Noida has seen a growth of 13%. During this period, about 8,130 properties have been registered in Noida and Greater Noida combined. This is 6% more than last year. According to the Proptech Institute, during the same period in the year 2023, 7,693 properties were registered in Noida and Greater Noida.