Registration of homes up 6% in Noida, Greater Noida in July-September at 8,128 units: Square Yards

Registration of residential properties successful Noida and Greater Noida roseate 6 per cent during the July-September play to 8,128 units, according to Square Yards. As galore arsenic 7,693 units were registered successful Noida and Greater Noida successful the year-ago period.

In a connection connected Monday, existent property advisor Square Yards said a full of 8,128 transactions were registered successful Noida and Greater Noida successful the September 4th of 2024, representing a 6 per cent year-on-year (YoY) increase.

Greater Noida leads the rally, accounting for 62 per cent of these transactions betwixt July and September 2024.

Registration of homes successful Noida accrued 15 per cent to 3,127 units from 2,720 units, portion Greater Noida saw a marginal 1 per cent summation to 5,001 units from 4,973 units during the play nether review.

"The combined registered location income worth for Noida and Greater Noida roseate to Rs 6,328 crore, marking a important 34 per cent YoY growth," the advisor said.

"Noida and Greater Noida's residential marketplace is experiencing sustained growth, bolstered by infrastructure advancements similar the Jewar International Airport, which proceed to fortify some the commercialized and residential sectors successful these cities," Ravi Nirwal, Sales Director and Principal Partner astatine Square Yards, said.

Amit Modi, Director of realty steadfast County Group, said determination is simply a wide displacement towards integrated luxury communities successful these 2 cities. Sanjay Sharma, Director SKA Group, noted that Noida and Greater Noida are emerging arsenic cardinal hotspots for high-end existent estate.