Greater Noida Property Market- Demand-Supply Analysis
Greater Noida Property Market- Demand-Supply Analysis

Greater Noida Property Market- Demand-Supply Analysis

Priya Singh | 2023-10-23

Greater Noida (W) and Noida Extension emerged as the most favourable destinations for home buyers & developers: Greater Noida (West), Noida Extension and Noida Expressway secured the top three spots based on demand and supply during Q1 2023. Better connectivity to offices, adequate availability of social & retail infrastructure, and presence of affordable properties are amongst the key factors propelling growth of residential real estate in these micro-markets.
Overall, 2 & 3 BHK units cumulatively accounted for 81% demand and 84% supply share in Noida-Greater Noida. In Q1 2023, the Noida-Greater Noida residential market registered a decrease in consumer searches (when compared with Q4 2022) for properties priced

Properties priced in the range of INR 5,000 - 7,500 psf had a demand and supply share of 37% each. The demand for properties priced > INR 7,500 grew to 19% in Q1 2023 from 16% in Q4 2022, indicating a rising preference for premium homes with better amenities.

The majority of searches in Noida-Greater Noida were for affordable properties commanding a rate of


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