+
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.

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
Infrastructure Transport

Cabinet Clears 11 Km Extension Of Lucknow Metro

The Union Cabinet on Tuesday approved a new 11-km corridor of the Lucknow Metro that will boost connectivity to commercial hubs, tourist sites, healthcare facilities and culinary destinations.Chaired by Prime Minister Narendra Modi, the meeting cleared Phase 1-B of the Lucknow Metro project. The corridor will feature 12 stations along a stretch of 11.165 km. Once complete, the city’s metro network will expand to 34 km.According to a government statement, Phase 1-B will significantly enhance public transport in Old Lucknow, the city’s oldest and most densely populated region, which currentl..

Next Story
Infrastructure Transport

East-West Metro’s Esplanade-Sealdah Stretch Set To Open

The long-awaited East-West Metro is finally set to begin operations, with the 2.5-km Esplanade-Sealdah stretch ready for inauguration. The section, completed in late April, has been awaiting passenger services since then.Satish Kumar, Chairman and CEO of the Railway Board, inspected the corridor on Tuesday along with two other metro routes. He travelled between Howrah and Sealdah on the Green Line, from Noapara to Jai Hind Bimanbandar (Airport) on the Yellow Line, and between Ruby and Beleghata on the Orange Line. Kumar emphasised that the railways are committed to upholding the highest standa..

Next Story
Infrastructure Transport

Paras Railtech Wins Rs 1.22 Billion Mumbai Metro Contract

Paras Railtech Private Limited has received the Letter of Acceptance (LoA) for the second ballastless track contract, Package CA-273, of Mumbai Metro Line 2B (Yellow Line). The 23.6-km corridor runs between Andheri West and Mandale.The Mumbai Metropolitan Region Development Authority (MMRDA) had floated the tender in March 2025 with an estimated value of Rs 1.22 billion. Technical bids were opened on 22 April, with three firms submitting offers. Following technical evaluation on 14 May, two bids were rejected during the financial assessment. Paras Railtech was declared the lowest bidder and on..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?