Noida Sector 150 Records Highest Realty Growth Since 2021

Noida's Sector 150 has been the fastest-growing realty micro market in India since 2021, witnessing a whopping 139 percent increase in average capital values to Rs.3,600 per sq ft and a 71 percent increase in monthly rentals to Rs.27,300, said property consultant ANAROCK. The growth eclipsed 13 other major micro markets in seven major cities covered in the report.

"Sector 150 has evolved into a leading hotspot for luxury and high-end townships. Integrated large-scale projects, adjacency to major infrastructure, and consistent investor appetite have driven record growth," said Anuj Puri, Chairman, ANAROCK Group. 

Key Highlights:

• Sector 150 leads India’s real estate surge with 139 percent jump in capital values and 71 percent rise in rentals since 2021
• Bengaluru’s Sarjapur Road & Thanisandra Main Road post price hikes of up to 81 percent backed by IT growth and metro expansion
• Infra push and investor appetite drive sustained demand for luxury housing in select NCR and Bengaluru corridors

The boom in the NCR hotspot is part of a larger trend of chosen urban enclaves rewriting India's real estate growth narrative. Puri added that connectivity through the upcoming Jewar airport and metro line extensions further raised demand.

Bengaluru was also leading the surge. Property rates increased 79 percent and rents went up 81 percent on Sarjapur Road, and Thanisandra Main Road recorded a price appreciation of 81 percent along with an increase of 65 percent in rentals.

Also Read: Where Are Property Prices Skyrocketing? All Eyes on These Twin Engines of NCR

"These Bengaluru corridors are attracting the growth of IT clusters, robust job generation, and speedy development of metro lines, making them magnets for both end-users and investors," Puri further added.

Experts maintain that with consistent infrastructure growth, high-end housing demand in these micro markets is not going to taper in the short term. "The combination of lifestyle facilities, employment vicinity, and investment yields is influencing a structural change in housing choices," Puri stated.

ANAROCK's data points to how specific infrastructure and systematic development can develop hotspots in real estate that have the capacity to outperform national norms.