Noida's Real Estate Renaissance: From Budget to Boom

Several years ago, as one drove towards Noida from the national capital, all that would meet the eyes were vast tracts of barren land with unregulated development. Cut to 2026. As one takes the Delhi-Noida Direct Flyway, the first thing that meets the eye are commercial skyscrapers catering to Microsoft, LG, KPMG, ICICI Bank, and several other organizations.

While one comes across residential societies, mostly housing two-storey structures, on a little drive further inside the city, come to Noida’s Sector 75 where your eyes start glittering from the lights adorning the swanky malls and standalone outlets of recognized brands. Just when you think that you have seen all that the city has to offer, the beeline of high-end luxury homes and information technology parks begins, and it is here that you realize that Noida has shed its insolvency-hit budget market tag.

According to a report in the Business Standard, the upcoming Jewar International Airport is driving the realty boom in Noida, thereby building confidence among developers. In an interview with Business Standard, Santhosh Kumar, Vice-chairman of Anarock Group, said that besides the fact that the Yamuna Expressway Authority (Yeida) is close to the Jewar Airport, its growth is linked to big regional infrastructure, which benefits both Noida and Greater Noida.

According to data from Anarock, more than 52,000 residential units were launched in Noida, Greater Noida, and areas under Yeida between 2022 and 2025. Of the total, Greater Noida made up the lion’s share with about 32,179 units. According to Umesh Rathore, Vice-President (Sales and Marketing), VVIP Group, end-user confidence has increased as the Noida-Greater Noida-Yeida belt has seen a structural turnaround over the past few years, driven by the discipline brought in by the Real Estate Regulation Act (RERA), improved funding mechanisms, and strong infrastructure execution.

Although residential projects account for the majority of the new launches, Amit Modi, Director of County Group, said that large-scale investment is also underway in data centers, information technology parks, logistics hubs, retail development, and hospitality assets along the Noida Expressway and near the airport zone. Developers like M3M India have also announced branded residence projects in this region, given the uptick in the number of net-worth individuals, NRIs, and entrepreneurs from Tier-I and -II cities looking to invest in Noida.