GREATER NOIDA Q1 2015: Rental Property Tracker

 Rental Tracker Q1 January – March 2015

Salient Features:

• The high rental demand in Greater Noida is mainly due to lower rentals and excellent connectivity with New Delhi and Noida via Noida-Greater Noida Expressway.
• In top rental markets based on availability, Pari Chowk has emerged as showstopper due to the presence of several educational institutions and commercial developments in and around the area. Moreover, Pari Chowk also acts as one of the few nodes in Greater Noida that provide public transportation to Noida and other neighbouring cities.
• Next in line are ZETA I and OMICRON I. In these two markets, rental demand is mainly driven by student population from the nearby educational hubs such as Knowledge Park that houses several management and engineering colleges and Gautam Buddha University.
• Dadri and Noida Extension have secured positions in top markets based on both availability and rental yield.
• Dadri has witnessed the development of several residential projects with all requisite amenities, which has made it a preferred rental destination. While Noida Extension is benefitting from its strategic location. It enjoys proximity to NH- 24 and the commercial sectors of Noida such as 61, 62 and 63.
• Due to affordable property values and good accessibility to Noida, Yamuna Expressway has managed third position on top 5 localities for rental yield in Greater Noida.
• Noida-Greater Noida Expressway and Jaypee Greens have also featured in the list of top markets based on rental yield.

Disclaimer: The information provided in this Website is based on CommonFloor data which is collected from various publicly known sources viz, websites, documents and maps including CommonFloor’s proprietary data resources, and from the inputs of unidentified individuals. It ought to be considered as a guideline and not as absolutely certain. While care has been taken for groundwork, no responsibility is accepted for the accuracy of whole or any part. This information is absolute property of CommonFloor /maxHeap Technologies Private Limited. It should not be reproduced in any form, in part or whole, without prior written permission of CommonFloor. The information is provided on an “as is” and “as available” basis. CommonFloor expressly disclaim warranties of any kind, whether express or implied, including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose and non-infringement

• The high rental demand in Greater Noida is mainly due to lower rentals and excellent connectivity with New Delhi and Noida via Noida-Greater Noida Expressway.
• In top rental markets based on availability, Pari Chowk has emerged as showstopper due to the presence of several educational institutions and commercial developments in and around the area. Moreover, Pari Chowk also acts as one of the few nodes in Greater Noida that provide public transportation to Noida and other neighbouring cities.
• Next in line are ZETA I and OMICRON I. In these two markets, rental demand is mainly driven by student population from the nearby educational hubs such as Knowledge Park that houses several management and engineering colleges and Gautam Buddha University.
• Dadri and Noida Extension have secured positions in top markets based on both availability and rental yield.
• Dadri has witnessed the development of several residential projects with all requisite amenities, which has made it a preferred rental destination. While Noida Extension is benefitting from its strategic location. It enjoys proximity to NH- 24 and the commercial sectors of Noida such as 61, 62 and 63.
• Due to affordable property values and good accessibility to Noida, Yamuna Expressway has managed third position on top 5 localities for rental yield in Greater Noida.
• Noida-Greater Noida Expressway and Jaypee Greens have also featured in the list of top markets based on rental yield.