Previously limited to properties in the Rs 40-80 lakh range, new launches now frequently exceed Rs 1 crore, often in the same sectors and on leftover land from earlier projects.
According to a report by property consultant JLL, 14,822 flats worth Rs 24,944 crore were sold in Noida last year.
This surge is underscored by a significant increase in the average apartment price, which rose from Rs 1.24 crore in 2022 to Rs 1.68 crore in 2023. Apartments priced at Rs 3.5 crore and above made up 23 per cent of total sales in 2023.
Stakeholders believe the transformation is driven by several factors, chief among them being infrastructure development, completion of stalled projects, and favourable policy changes.
هذه القصة مأخوذة من طبعة June 17, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة June 17, 2024 من The Morning Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
26 years on, Krejcikova follows late coach Novotna's path to glory
BARBORA Krejcikova won Wimbledon for her second Grand Slam title with a 6-2, 2-6, 6-4 victory over Jasmine Paolini in the final on Saturday.
MSMEs: Hidden gems need better mentorship to shine
SOMETIMES competitive advantage over rivals and self-improvement come from strengthening what lies beneath surface - our hidden gems.
Capex drive may hit Budget hurdle
Compulsion of coalition may force NDA govt to shun Its fiscal fundamental approach
Toll rises to 3 in Nepal twin bus tragedy, Indian national among victims
THE body of a 40-year-old Indian national working in Nepal was among three corpses recovered by rescuers on Saturday from the wreckage of two buses that were swept by a mudslide into a rain-swollen river with more than 50 passengers a day earlier.
Oli-led Nepal government to be sworn-in on Monday
KP Sharma Oli, set to become Nepal's new Prime Minister, on Saturday held consultations with his alliance partner Nepali Congress in preparing the list of ministers to be inducted into the new coalition government that is likely to be sworn in on Monday
Israel says Oct 7 attack mastermind targeted in camp strike that killed 71
Fate of Mohammed Delf unclear: Hamas says nearly 300 Injured
Gujarat Cong hand-in-glove with BJP on party office attack? Probe on
A week after BJP and Congress workers clashed at the latter's Ahmedabad office over Rahul Gandhi's speech in Parliament, the leadership of the grand old party has sought an immediate explanation from Gujarat party in-charge Mukul Wasnik following reports of a \"tacit understanding\" between leaders of both the parties on the incident.
Mamata says will move resolution against 3 criminal laws, NEET
THE West Bengal government is all set to bring in resolution against Bharatiya Nyaya Sanhita Bill (BNS) and NEET in the next session of the Legislative Assembly, Chief Minister Mamata Banerjee said on Saturday.
BJP in MP wins battle that went down to the wire
JUST 38 days after the clean sweep on 29 Lok Sabha seats of Madhya Pradesh, the ruling BJP won the lone assembly by election in the state on Saturday, as it's candidate Kamlesh Shah defeated Congress's Dheeranshah Invati by just 3027 votes in a battle which went down the wire.
After UP, saffron fades in religious hubs of Hill state
THE Congress on Saturday won both Badrinath and Manglaur assembly seats in Uttarakhand by-elections, defeating the BJP.
