Get Updated With Noida

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Noida is the largest planned industrial city in Asia. Hence, the city boasts of massive demands for residential, commercial and retail units. The boom in the Noida realty market attracts large number of potential investors who are all set to receive huge returns. So, if you are planning to invest in realty market, follow the Noida property news.

Update yourself with the Noida property news on daily basis. This would help you to get an idea of the expanse of the market and potential of earning profits. You would be aware of the hot projects and the prevalent price trends. The following are some Noida property news updates.

Noida Property News (May 2010)

IHDP Global Pvt. Ltd. has invested $25 million for setting up of an International Home Deco Park in Noida in order to facilitate trade in home decor products. The buyers and sellers would get a common platform to interact and improve trade. The park would be providing textiles, natural fibers, handicrafts and rugs from all across the country.

The world renowned Unitech has invested Rs 5,500 crore on a luxurious residential project in Noida. The project would feature all plush amenities that include a golf course, a sports complex a 200 bed hospital, clubs and convention centre. Over the next seven to eight years, the builder is expecting to earn revenue of Rs 15,000 crore.

After the hike of the circle rates in Greater Noida by 42 %, the circle rates of land sold for residential purposes in Noida have also been increased by 60 % to 80 %. The residential lands in Noida are divided into three categories. The price of category a including sectors 14A, 15A, 17 and 44 has gone up to Rs 38,000 per square metre, while prices have risen up to Rs 27,800 for category B and Rs 16,750 for sector C. The rate of the institutional areas belonging to subcategory 1 including sector 1, 16 and 24 has increased to Rs 18,000 per square metre while for the sub category 2 and 3, the price has been raised to Rs 6,000 square metre.


The Noida property market is indeed recording high growth rate. Hence, as an investor you are advised to keep an eye on the current happenings taking place in the Noida real estate scenario. Keep yourself abreast with the latest progress in all sectors encircling estate development, housing construction, property transaction and development in infrastructure.

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