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Home > Forum > Noida > Real estate News > Noida witness boom in property re sale

Noida witness boom in property re sale

Q: The recent news states that Noida had boom in resale property? what is the reason?

noida
realty news
resale apartment
resale property
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Replies (8)
1
Most of these real estate projects in Noida Sector 74-79, were launched only 2-3 years ago and are nearing completion now. These sectors are well connected with the Noida expressway, located at less than 2 km, and have excellent connectivity to Delhi and other parts of NCR. This is also a reason for rise in resale property market being witnessed in these sectors of Noida.
Rajib


2
The units which were available for Rs 2500 per sq ft as fresh launch now in re sale it is priced over Rs 5,000 per sq ft, due to which, the investors are looking to resell them.
Meha


3
Sectors 75 to 77 of Noida are also observing 10-15 percent rise in the resale market, in the last two quarters, as these areas are located in the vicinity of the proposed metro link in Noida and also well connected to NH- 24 and Greater Noida West.
Jatinder banipal


4
What is the price per sq ft rate now?
Aman Sohal


5
Sectors such as Noida sector 74, 78 and 79 are emerging as hubs for resale real estate properties. The delay in completion of ongoing projects and the high price tags of high-end residential units are giving way to hike in prices of the existing residential properties.
Akash Kanojia


6
What about sectors 75-76-77? are they not growing?
Kashif Ahmed


7
See according to records these areas have seen a rise of 15 percent in resale house values while the actual price is 10-15 percent lesser than units in some of the ongoing high-end projects.
Aman Sohal


So are this sectors lunching new projects also???
Sufia,  Delhi
25th July 2013


8
Yes , Noida having a boom in resale properties. Especially, sectors 74 to 79, have been witnessing a significant rise in resale
property market, mainly because of the metro extension and increase of
high-end projects
Shefali


What is the percentage of increase??
Aisha,  Noida
25th July 2013


9

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