Economic Times - Demand for luxury housing on the rise in Noida

Demand for luxury housing on the rise in Noida. By Economic Times

By Faizan Haidar, ET Bureau | Last Updated: Feb 27, 2021, 06:52 PM IST

Synopsis
According to property consultants and developers, there has been a spate in transactions in Rs 2- 10 crore category in the last 3-4 months in Noida with both investors and end user are sensing the opportunity.

Approval of India’s biggest airport and Film City, investment by foreign companies in data centers and one of the biggest IKEA’s upcoming retail destination has pushed the luxury real estate market of Noida, which was subdued for nearly a decade. According to property consultants and developers, there has been a spate in transactions in Rs 2- 10 crore category in the last 3-4 months in Noida with both investors and end user are sensing the opportunity.