Noida's population surge to 9.3 lakh by 2025 fuels demand for residential and commercial properties, driven by infrastructure and economic growth.
Amid India's 20% YoY housing sales drop, Chennai stood out with 11% annual growth and 40% QoQ surge. New launches jumped 65% YoY, driven by GCCs and premium demand. Developers are strategically boosting supply to meet rising demand in this outlier market.
Faridabad anticipates 30,000 professionals annually, driving up demand for apartments, villas, and flats. Strategic projects and economic growth make it NCR's top investment destination, with property values set to rise by 40% post-infrastructure developments.
Trichy's 14-year boundary expansion integrates 22 urbanizing panchayats, driving real estate demand in residential and commercial segments despite infrastructure challenges and local resistance.
Noida Authority announces additional metro stations for the Noida-Greater Noida link, addressing growing population needs and land acquisition concerns with plans for speedy project execution.
Continued population growth in India creates a pressing need for additional housing, with major cities demanding over 2.1 million new units by 2016.