In a strong testament to the region’s real estate momentum, property prices in the National Capital Region (NCR) have soared by an impressive 81% over the past five years, according to a recent report by real estate consultancy firm Anarock. The average property price across NCR has risen from ₹4,580 per sq ft in 2020 to ₹8,300 per sq ft in Q1 2025, highlighting robust demand and infrastructure-driven growth.
Greater Noida Leads with 98% Growth
Among all NCR submarkets, Greater Noida emerged as the top-performing region, registering a 98% increase in average property prices. Prices jumped from ₹3,340 per sq ft in 2020 to ₹6,600 per sq ft in Q1 2025, fueled by a combination of large-scale housing projects, improved connectivity, and the upcoming Jewar International Airport.
Noida Follows Closely
Closely trailing Greater Noida, Noida witnessed a 92% surge in average property prices over the same period. Property rates in Noida have escalated from ₹4,795 per sq ft in 2020 to ₹9,200 per sq ft in Q1 2025. This jump is attributed to extensive commercial development, metro expansion, and key infrastructure projects such as Film City and multi-modal logistics parks.
Market Sentiment and Infrastructure Push
Industry experts attribute this sustained price growth to:
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Increased end-user and investor activity post-COVID-19
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Strategic infrastructure initiatives like expressways, metro corridors, and industrial corridors
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Strong absorption of mid-segment and luxury housing
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Rising interest in plotted developments and smart townships
According to Anarock, the NCR’s upward price trajectory is likely to continue in the near term, especially in Noida-Greater Noida-Yamuna Expressway corridors, which are drawing both residential and commercial investments at scale.
Summary of 5-Year Property Price Growth in NCR (2020–2025 Q1)
| Location | 2020 Avg. Price (₹/sq ft) | 2025 Q1 Avg. Price (₹/sq ft) | Growth (%) |
|---|---|---|---|
| Greater Noida | ₹3,340 | ₹6,600 | 98% |
| Noida | ₹4,795 | ₹9,200 | 92% |
| NCR Overall Avg. | ₹4,580 | ₹8,300 | 81% |
Expert Opinion
“Greater Noida’s affordability, infrastructure development, and mega projects like the Noida Airport have significantly pushed price appreciation, making it one of the most attractive investment destinations in NCR,” said a spokesperson from Anarock.
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