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In 2020, nearly one-third of total residential launches in NCR were attributed to Noida and Greater Noida. Locations such as Sector 16B, Tech Zone – IV and sectors along the Noida-Greater Noida Expressway and Yamuna Expressway witnessed new supply infusion in the form of apartment projects in affordable and mid-segment categories. However, due to the Covid outbreak, there has been a sharp decline of 69% YoY in new launches in other parts of Noida and Greater Noida. With projects such as the New Film City, the upcoming Jewar International Airport and a Data Centre Park in the pipeline, employment opportunities will also increase acting as an anchor for the Noida, Greater Noida and Yamuna Expressway belt in the long-term and revive end-user sentiment
In 2020, nearly one-third of total residential launches in NCR were attributed to Noida and Greater Noida. Locations such as Sector 16B, Tech Zone – IV and sectors along the Noida-Greater Noida Expressway and Yamuna Expressway witnessed new supply infusion in the form of apartment projects in affordable and mid-segment categories. However, due to the Covid outbreak, there has been a sharp decline of 69% YoY in new launches in other parts of Noida and Greater Noida. With projects such as the New Film City, the upcoming Jewar International Airport and a Data Centre Park in the pipeline, employment opportunities will also increase acting as an anchor for the Noida, Greater Noida and Yamuna Expressway belt in the long-term and revive end-user sentiment