Noida Expressway Properties Surged By 66 Percent
Real estate has witnessed amazing growth in the Noida Expressway Region. The property prices have risen over 66% over the past five years. According to Anarock's data, the average price per square foot stood at Rs 8,400 in the September 2024 quarter, compared to Rs 5,075 in 2019.
The area, which enables a balance between affordability and growth potential, has attracted both mid-segment buyers and investors. The average property price in Noida has risen to Rs 1.05 crore, but it is still more competitive than the other regions compared to Gurugram or central Delhi.
Experts suggest that the region's enhanced connectivity through metros, expressways, and the upcoming Jewar International Airport will translate to further price appreciation of 10-15% annually.
The Noida-Greater Noida Expressway has established itself as a prime residential hub, further leading demand and price growth. Additionally, infrastructure development and seamless connectivity have significantly contributed to the price appreciation in the area.