Noida’s Real Estate Market Soars: Residential, Commercial Sectors Witness Unprecedented Growth

Noida, June 20, 2025: Noida’s real estate landscape has undergone a remarkable transformation over the past five years emerging as a hotbed for both residential and commercial development. Driven by robust infrastructure projects, strategic location and increasing investor confidence, the city has witnessed significant appreciation in property values and a surge in demand across segments.

Residential Sector: A Shift Towards Premium Living

Once known for its affordable housing, Noida’s residential market has seen a substantial shift towards premium and high-end developments. According to PropEquity data, the weighted average price of new launch projects in Noida surged by approximately 152 per cent to INR 14,946 per square foot in 2024, up INR 5,910 per square foot in 2019.

This upward trajectory is attributed to factors such as improved connectivity, the Jewar International Airport and the influx of reputed developers introducing luxury projects.

In 2023 alone, Noida recorded the sale of 14,822 flats, amounting to a total value of approximately INR 24,944 crore. The average cost of an apartment increased from INR 1.24 crore in 2022 to INR 1.68 crore in 2023, highlighting the city’s growing appeal among homebuyers seeking upscale living options.

“Noida’s residential sector is undergoing a transformative shift—one that’s clearly geared toward high-end, lifestyle-centric living. The advent of strategic infrastructure like the Jewar International Airport and a robust expressway ecosystem has dramatically reshaped the aspirations of urban homebuyers,” says Yash Garg, Director, M3M Noida.

“Today’s discerning buyers are no longer just looking for a home—they seek a complete ecosystem of luxury, convenience, and community. Premium residences with integrated wellness zones, smart living features and leisure-driven amenities are fast becoming the benchmark. Noida is no longer just a satellite city; it’s emerging as the next epicentre of aspirational urban living—where future-ready infrastructure meets elevated lifestyles.”

Commercial Sector: Emerging as a Business Hub

Parallel to the residential boom, Noida’s commercial real estate sector has experienced significant growth. The city’s strategic initiatives, including the development of IT parks, data centres and enhanced metro connectivity, have attracted multinational corporations and startups alike. Notably, the Noida-Greater Noida Expressway has become a focal point for commercial investments with demand for Grade A office spaces on the rise.

“Noida’s rapid development as a commercial hub can primarily be attributed to significant infrastructure improvements, such as the Jewar Airport, expanded metro corridors and enhanced road connectivity. Additionally, the city’s transformation into a business and technology centre has further elevated its profile. With ongoing infrastructure advancement, Noida’s real estate value continues to rise,” says Didar Singh, Senior VP, sales, Trehan Iris.

“Additionally, the expansion of Grade A office spaces has fuelled a surge in commercial developments, further boosting investor interest. These enhancements have positioned Noida as a prime destination for commercial investment, offering strong potential for capital appreciation and elevated lifestyle enhancements.”

Future Outlook: Sustained Growth on the Horizon

Noida’s real estate market is poised for continued expansion. The completion of key infrastructure projects is expected to further enhance the city’s connectivity and appeal. Additionally, the government’s focus on promoting the region as a commercial and residential hub is likely to attract more investment.

With its strategic location, robust infrastructure and proactive development policies, Noida is well-positioned to solidify its status as a premier real estate destination in NCR.