Noida Luxury Market : A CommonFloor Report
In the last few years, Noida has emerged as a perfect blend between industrial development and residential habitation along with excellent infrastructural support and greenery. The city is one of the most preferred satellite township among the National Capital Region (NCR) that has attracted IT industrial establishments and HNI (High Net worth Individuals) residents. Coming into the administrative existence in 1976, Noida (short form for New Okhla Industrial Development Authority) was created under the Uttar Pradesh Industrial Area Development as part of an urbanisation thrust. It is located in Gautam Buddh Nagar district of UP and belongs to the NCR. Moreover, the city is also experiencing the highest per capita income in the region.
“As part of ‘Real Insights’ into real estate, commonfloor.com has come up with a detailed report on Noida Luxury Market” – with in-depth analysis based on CommonFloor data.
For detailed report 
After the initial IT development experience, Noida has emerged as an alternative to Gurgaon as a cost-effective office destination. Eventually there had been the development of IT parks and SEZs (Special Economic Zones). At present, Noida submarket hosts clearly about 23 per cent of the Grade A office stock in Delhi NCR. Though it is not a hidden truth that several HNI investors in Dubai real estate environment belong to Indian communities and considerable portion from Noida among Delhi NCR, there had been a surprising trend reversal observed with a shift of investor demography, diverted back to Noida from Dubai with the saturation of political bias at the centre and relaxation of FDI norms in the country.
