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Some of the Grade A developers are eyeing Noida for their new launches. Property in Noida is witnessing a spate of promising residential projects that are crafted with finest details. The projects offer state of the art infrastructure backed with ultra-modern amenities to cater the high class lifestyle of the prospective buyers. Some of the renowned developers have already floated prestigious projects in Noida and Greater Noida.<br><br>
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Property in Noida is Blossoming with Largest Number of New Projects
If many experts are to be believed then property in Noida may be showing signs of recovery as nearly as nearly four thousand new units have been placed on sale in Noida compared with less than half as many in Noida’s sister city Gurgaon.
In the last quarter, sixteen percent of the new launches in India were from Noida signaling a revival in Noida Property. Furthermore, if the testimony of real estate insiders is to be believed then with seven percent of the total percent of new launches in India, Gurgaon’s share of the property market in India may be shrinking.
A study which took place over the past three months in Bangalore, Chennai, Pune, Mumbai, Noida, and Gurgaon shows that nearly 25,000 new units were launched over this period of time.
the total share of launches, Mumbai had the largest at 28 percent between the six cities, Pune’s share was 23 percent, Bangalore stood at 17 percent, Noida came a close fourth with a 16 percent share in the number of new launches over the three months, while Chennai’s share stood at a distant 9 percent, and Gurgaon with 8 percent of the share of new launches among the cities gauged, stood last.