After two years of stagnant growth, experts are expecting a full-bloom home-buying season. By 2030, India’s real estate sector is going to touch US$ 1 trillion. One of the key drivers of India’s real estate market is the relocation of big cities to suburbs. For example, NCR buyers are investing in properties located in cities surrounding the capital. While commercial buildings are emerging massively in Noida, the growth of high rises is clearly evident here . Since the real estate sector has been on an upward trajectory, here are the emerging Real Estate Market Trends to keep an eye on:

Housing Price Dynamics

Even though property prices are skyrocketing, property buyers are showing more interest in Noida than in Delhi and Gurgaon. The compelling presence of residential as well as commercial sectors in Noida is opening up investment opportunities. Whether you talk about luxury houses or co-working spaces, Noida is becoming the first priority of commercial sectors as well as home buyers.

Check out the Industrial Property trends in Noida to see its rapid development.

Accelerated Urbanization

Noida is one of India’s rapidly growing metropolises with world-class road and metro connectivity. Moreover, its employment opportunities are also increasing the demand for both residential and commercial spaces. It is witnessing substantial infrastructural development, which is driving home-buyers to invest in properties. Despite the surge in property rates, people are buying homes before it become highly expensive like those in their neighboring cities. Urbanization and development have become one of popular real estate market trends in India. As urbanization and commercialization bring opportunities, people are more keen to invest in properties here.

Confidence in Under-Construction Projects

The government is taking initiative in providing affordable houses to Noida residents. Buyers are also showing trust to the builders as major projects are shaping up Noida’s skyline, proving the commitment towards urban development. These projects encompass commercial, residential, and infrastructure projects. Most residential and commercial projects are selling out even before they are completed. This shows trust and commitment among buyers and builders. Many buyers are showing confidence in real estate with decade-long experience in Noida’s residential needs. Real estate, such as Buniyad Real Estate, with its 60,000+ property listings, has become a reliable source, where you can invest your life savings.

Noida Has Special Economic Zone

Noida, being one of the most rapidly developing cities in India, hosts several Special Economic Zones that provide tax incentives and a friendly environment for businesses to thrive. Since Noida is home to a diverse range of industries, from IT sector to software services, it becomes essential for the city to have ready-to-move infrastructure. With employment opportunities, the number of residents settling down in the city is also rising, so catering to such a huge population demands affordable residential areas as well.

Affordable Housing Projects

While Noida sees a surge in property prices due to high demand, it is still affordable to middle class buyers, when compared to property prices in Delhi and Gurgaon. Within two to five years, a 2BHK Flat in Noida will cross 80l, and buying a 3 BHK will become a distant dream for many. Hence, the city is seeing a rush among property buyers. If you are looking for trending properties in Noida’s prime locations, Buniyad Real Estate has got you covered. Its present and upcoming projects are not only affordable but also ensure comfort, peace, and luxury of living in your own wide space.

In A Nutshell

In terms of future outlook, investing in Noida’s real estate sector will bring growth. In Delhi NCR’s real estate market trend, buying coworking spaces and residential homes in Noida and Greater Noida is a great investment. Its strategic location, robust infrastructure, and affordable home loan policies will keep Noida at the forefront of the real estate sector in the future.

Also Read: Industrial Property Trends in Noida