1] According to a JLL report, the market for Grade A offices is expected to grow to 1.2 billion square feet by 2030.
2] Commercial real estate (CRE) in Noida and Greater Noida regions is experiencing a remarkable boom, driven by the state government’s massive infrastructure push and the surge in post-pandemic demand. The ongoing construction of Jewar Airport has further accelerated this CRE development, creating a fertile ground for high returns on investment.
3] In Q1 2023, according to last year’s CBRE South Asia research, lease activity in India reached 11.4 million square feet, clocking an increase of 97% YoY. This trend has only gathered steam, indicating a substantial unmet demand in the office market. Primary leasing is expected to drive retail space demand in 2024, contributing to the overall market growth.
3A] According to the Mordor Intelligence report, the Indian commercial real estate market size is estimated at USD 40.71 billion in 2024 and is expected to reach USD 106.05 billion by 2029, growing at a CAGR of 21.10% during the forecast period (2024-2029). Amid this growth, the city has been displaying all signs of delivering a strong growth trajectory in 2025. With an unparalleled focus on infrastructure, technology integration, and eco-conscious practices, Noida has elevated commercial real estate to the next level.
4] Almost 5,400 high-end apartments sold in Q1 2025
• All the high-end housing units sold during the quarter were in under-construction projects, indicating strong buyer confidence in such projects. 85% of the total homes sold were in Gurgaon, with more than half of those units located in the Dwarka Expressway submarket.
• During the quarter, Noida contributed 14% to the overall high-end sales. The Greater Noida submarket was the best-performing submarket in terms of luxury home sales in Noida.
Overall capital values up by 1.5% q-o-q
• Gurgaon saw the highest quarterly price increase, with capital values rising by 2%. This was followed by Noida, where capital values increased by 1% compared to the previous quarter.
• No quarterly price change was recorded in Delhi and Faridabad. On average, rents for high-end homes in Delhi NCR were up by 0.7% compared to the previous quarter.
Outlook: High-end housing sales to remain healthy
• Prominent developers are expected to continue launching high-end housing projects, mainly in Gurgaon and Noida. Developers in both cities have acquired strategic land parcels over the past couple of months, so the supply is expected to remain strong.
• Delhi NCR is expected to remain the leader in high-end housing demand among all Indian cities. Capital values and rents for high-end homes are likely to rise in the short to medium term.
5] Besides, experts highlight that over the past five years, Noida’s enhanced connectivity and extensive infrastructure development have been key drivers of its real estate boom. The city has witnessed a surge in multinational corporations setting up IT hubs and data centers, while the ongoing development of the Noida International Airport in Jewar underscores its potential to attract both global and domestic players. Infrastructure projects such as the Noida-Greater Noida Expressway, Yamuna Expressway, and metro extensions have further enhanced accessibility, reducing travel time for commuters and businesses
Conclusion-NIRALA WORLD IS PLANNING TO LAUNCH A LAND MARK COMMERCIAL IN SEC 12 GREATER NOIDA WEST IN THIRD QUARTER 2025.THIS PROJECT COMPRISES OF SHOPS, OFFICE SPACE, STUDIO APARTMENT AND FINE DINE F&BS.
• PROJECT OVER VIEW- PLOT AREA: 10,400 SQ METER
• PLOT -3 SIDE OPEN COMMERCIAL PROJECT
• APPROACH ROADS: 130 MT FRONT,SIDE ROADS 80 MT,BACK SIDE ROAD 24 MT
• ADDRESS: C-07 ,SECTOR 12,GREATER NOIDA WEST
• BASEMENT PARKING: 2 BASEMENT PARKING