Demand-Supply and Price Trends in Noida-G.Noida (Summary Q1 2025, as per Collier International and Anarock)

This report provides an impartial analysis of the residential real estate market in the National Capital Region (NCR), focusing on Noida and Greater Noida. Drawing insights from Anarock Property Consultants' Q1 2025 data, this report aims to guide investors, homeowners, and real estate professionals through current market trends, demand-supply dynamics, and rental income patterns.

Price Trends

In Q1 2025, capital values in NCR witnessed steady growth across key micro-markets. Notably:

Greater Noida West saw average quoted rates at ₹8,950 per sqft, marking a 6% quarterly rise.

Sector 150, Noida continued as a premium location, with an average price of ₹15,000 per sqft, reflecting a 5% quarterly increase.

This steady appreciation, even in the face of a marginal slowdown in sales, indicates continued end-user and investor interest, particularly in well-connected and infrastructurally advanced sectors.

New Launches

NCR accounted for 11,100 new residential units in Q1 2025, representing an 11% share of the total launches across India’s top seven cities. However, this marked a 24% decline from Q4 2024, suggesting temporary recalibration post a high-growth quarter. Compared to Q1 2024, though, new launches registered an impressive 52% growth, underlining longer-term market momentum.

Noida & Greater Noida Highlights:

Greater Noida contributed 15% of NCR's launches.

Noida remained subdued, with launches trailing behind other NCR zones.

The luxury and ultra-luxury segments dominated, comprising 92% of the new launches across NCR.

Sales Trends

Approximately 12,500 housing units were sold in NCR during Q1 2025, accounting for 13% of total sales among the top seven cities. This reflected an 11% Q-o-Q drop and a 20% Y-o-Y decline, indicating a temporary market cooling.

Noida & Greater Noida Performance:

Greater Noida secured a 20% share of total NCR sales.

Noida defied the broader trend, registering a 7% quarterly increase in sales — the only NCR sub-region with positive sequential growth.

Available Inventory

By the end of Q1 2025, NCR's available residential inventory stood at 84,500 units, comprising 15% of total inventory among top Indian cities. This reflected a 2% drop both Q-o-Q and Y-o-Y.

Zone-wise Inventory Snapshot:

Greater Noida accounted for 23% of the available inventory.

Noida maintained a relatively lower share but showcased consistent inventory reduction trends.

The overall inventory overhang held steady at 17 months, indicating a balanced demand-supply situation.

Rental Outlook

Rental demand remained firm in Noida-Greater Noida due to infrastructure upgrades and improved livability.

The incremental rental growth reflects sustained leasing demand from professionals, families, and students.

Market Outlook

NCR’s residential market, especially Noida and Greater Noida, is experiencing a structured revival in 2025, supported by:

Expressway expansions and enhanced rapid transit systems improving regional connectivity.

Focus on sustainability features, open spaces, and wellness-driven housing.

Financially stable developers gaining dominance, delivering projects with better quality and timeline adherence.

Likely acceleration in demand, courtesy of the RBI’s accommodative monetary policy stance.

That said, market participants should monitor regulatory changes and construction activity for potential impacts on delivery timelines.

Conclusion

This Q1 2025 report, based on data from Anarock Property Consultants, outlines key trends in the NCR residential real estate market with a focus on Noida and Greater Noida. It offers crucial insights for informed investment, homeownership, and business strategies in a shifting market environment.

Disclaimer:
This report is for informational purposes only. Readers are advised to conduct independent research and due diligence before making any property-related decisions.