Residential Supply Near Employment Hubs in NCR Soars
Real Estate

Residential Supply Near Employment Hubs in NCR Soars

Magicbricks, India’s leading real estate platform, has revealed significant growth in residential demand and supply across key areas in the National Capital Region (NCR), particularly in locations near IT parks, industrial zones, and commercial hubs. These strategically located regions, benefiting from superior connectivity and infrastructure development, are attracting homebuyers and investors alike.

According to the latest insights, Techzone 4, Greater Noida has recorded a remarkable 449 per cent Year-on-year (YoY) increase in supply, while Sector 89, New Gurugram has reported a 300% YoY growth in residential supply during Q4 2024 (October–December 2024). Other promising investment destinations include Yamuna Expressway (Noida), Sector 68 (Gurugram), and Sector 1 (Greater Noida West), all of which are gaining traction due to their proximity to employment hubs.

Modern homebuyers are increasingly prioritizing projects that reduce commute times and enhance work-life balance. This preference has driven demand in areas such as Sector 93 (Gurugram), Sector 79 (New Gurugram), and Sector 150 (Noida-Greater Noida Expressway), which have witnessed a 10 per cent rise in residential demand over the past year. Similarly, Techzone 4 (Greater Noida) and Yamuna Expressway (Noida) have experienced a 9% increase in demand during the same period.

These areas are also a promising destination for investments as they are experiencing capital appreciation. In the past one year, residential prices in Yamuna Expressway (Noida) have increased by 50%, while Sector 79 (New Gurugram) has observed capital appreciation of 43 per cent. Sector 37C and Sector 68 (Gurugram) have also experienced 39% and 36% capital appreciation respectively in the past one year.

In terms of specific projects, Ashiana Amarah has emerged as the most searched project in Sector 93, Gurugram on Magicbricks platform due to its proximity to Cyber City, Udyog Vihar, and Golf Course Extension Road. Around Yamuna Expressway, Oasis Grandstand is most searched, largely due to its strategic location near upcoming IT and industrial zones. Similarly, CRC Joyous (Techzone 4, Greater Noida) and ACE Parkway (Sector 150, Noida) are most searched in their respective areas due to their connectivity with Noida’s IT hubs.

These trends underscore NCR’s evolving real estate landscape, with developers focusing on strategic locations that combine lifestyle convenience with robust infrastructure, ensuring strong returns for both end-users and investors.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Magicbricks, India’s leading real estate platform, has revealed significant growth in residential demand and supply across key areas in the National Capital Region (NCR), particularly in locations near IT parks, industrial zones, and commercial hubs. These strategically located regions, benefiting from superior connectivity and infrastructure development, are attracting homebuyers and investors alike. According to the latest insights, Techzone 4, Greater Noida has recorded a remarkable 449 per cent Year-on-year (YoY) increase in supply, while Sector 89, New Gurugram has reported a 300% YoY growth in residential supply during Q4 2024 (October–December 2024). Other promising investment destinations include Yamuna Expressway (Noida), Sector 68 (Gurugram), and Sector 1 (Greater Noida West), all of which are gaining traction due to their proximity to employment hubs. Modern homebuyers are increasingly prioritizing projects that reduce commute times and enhance work-life balance. This preference has driven demand in areas such as Sector 93 (Gurugram), Sector 79 (New Gurugram), and Sector 150 (Noida-Greater Noida Expressway), which have witnessed a 10 per cent rise in residential demand over the past year. Similarly, Techzone 4 (Greater Noida) and Yamuna Expressway (Noida) have experienced a 9% increase in demand during the same period. These areas are also a promising destination for investments as they are experiencing capital appreciation. In the past one year, residential prices in Yamuna Expressway (Noida) have increased by 50%, while Sector 79 (New Gurugram) has observed capital appreciation of 43 per cent. Sector 37C and Sector 68 (Gurugram) have also experienced 39% and 36% capital appreciation respectively in the past one year. In terms of specific projects, Ashiana Amarah has emerged as the most searched project in Sector 93, Gurugram on Magicbricks platform due to its proximity to Cyber City, Udyog Vihar, and Golf Course Extension Road. Around Yamuna Expressway, Oasis Grandstand is most searched, largely due to its strategic location near upcoming IT and industrial zones. Similarly, CRC Joyous (Techzone 4, Greater Noida) and ACE Parkway (Sector 150, Noida) are most searched in their respective areas due to their connectivity with Noida’s IT hubs. These trends underscore NCR’s evolving real estate landscape, with developers focusing on strategic locations that combine lifestyle convenience with robust infrastructure, ensuring strong returns for both end-users and investors.

Next Story
Real Estate

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Next Story
Real Estate

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Next Story
Infrastructure Urban

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement