At least around 15 to 25 percent hike is expected every year over the properties in Greater Noida West. It is a good destination for long-term investments.
After clearing the litigations, the area seems more promising for realty investments. Besides this, catching up social infrastructure and affordable price factor compared to other suburbs of the NCR are the key region.
The real estate in Greater Noida West picked up speed after the Supreme Court judgment. The projects in Greater Noida West witnessed over 30 percent appreciation in the last two quarters of 2012.
Guys i have done a survey, hope that helps you to go through the price trend of Sector 2:
Sep 2012 : Price : Rs 3000 per sq ft
OCt 2012 : Price : Rs 3100 per sq ft
Nov 2012 : Price : Rs 3050 per sq ft
Dec 2012 : Price : Rs 3050 per sq ft
This data’s show the last quarter in the year 2012, where can see a downfall and then stable price graph.
Whereas in 2013 first quarter the price was again stable.. check that date...
Jan 2013 : Price : Rs 3100 per sq ft
Feb 2013 : Price : Rs 3100 per sq ft
March 2013 : Price : Rs 1000 per sq ft
Now the twist comes, after March 2013 the price gone up swiftly and also came down within 3 months.
April 2013 : Price : Rs 3200 per sq ft
May 2013: Price : Rs 3250 per sq ft
June 2013 : Price : Rs 3400 per sq ft
July 2013 : Price : Rs 3300 per sq ft
The last changes took place in the last quarter of 2013: wherein the Aug the price dipped in very much when compared with rest of the months. But in a slow pace
I would like to say that the scenario of property price in Noida Extension, is something that attracts the buyers and investors. The first aspect is the home buyers who look for budget and requirements, builders have created the some exclusive options at Extension. buyers can easily get affordable housing with a great amenities and special feature. Hence for buyers the price in Sector 2 is affordable and good.
The region, which was witnessing huge real estate demand, had come under litigation in May 2011, when Allahabad High Court had directed to stop all construction activities due to allegations from farmers, who were the original land owners.
Helo, sir i would like to brief and tell you that the residential segment of Greater Noida West mostly comprises of multi-storey apartments and group housing projects with affordable prices that fits in all kinds of pockets. The approximate price range of apartments is around Rs 30 lakh to Rs 50 lakh.