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Registration of residential properties in Noida and Higher Noida rose 6 per cent throughout the July-September interval to eight,128 items, based on Sq. Yards. As many as 7,693 items had been registered in Noida and Higher Noida within the year-ago interval.
In an announcement on Monday, actual property marketing consultant Sq. Yards stated a complete of 8,128 transactions had been registered in Noida and Higher Noida within the September quarter of 2024, representing a 6 per cent year-on-year (YoY) improve.
Higher Noida leads the rally, accounting for 62 per cent of those transactions between July and September 2024.
Registration of houses in Noida elevated 15 per cent to three,127 items from 2,720 items, whereas Higher Noida noticed a marginal 1 per cent improve to five,001 items from 4,973 items throughout the interval beneath assessment.
“The mixed registered residence gross sales worth for Noida and Higher Noida rose to Rs 6,328 crore, marking a considerable 34 per cent YoY development,” the marketing consultant stated.
“Noida and Higher Noida’s residential market is experiencing sustained development, bolstered by infrastructure developments just like the Jewar Worldwide Airport, which proceed to strengthen each the industrial and residential sectors in these cities,” Ravi Nirwal, Gross sales Director and Principal Associate at Sq. Yards, stated.
Amit Modi, Director of realty agency County Group, stated there’s a clear shift in direction of built-in luxurious communities in these two cities. Sanjay Sharma, Director SKA Group, famous that Noida and Higher Noida are rising as key hotspots for high-end actual property.
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