Noida Transforms: From Affordable Housing to Luxury Hub Attracting HNIs

Business
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CNBC Awaaz•16-01-2026, 09:18
Noida Transforms: From Affordable Housing to Luxury Hub Attracting HNIs
- •Noida, once known for affordable housing, is rapidly becoming a hub for luxury and branded residential projects.
- •Increasing employment, infrastructure development, and changing buyer preferences are attracting High-Net-Worth Individuals (HNIs), NRIs, and entrepreneurs.
- •Major developers like Gulshan Group, M3M India, and Smartworld Developers are launching premium projects, some in collaboration with global luxury brands like Jacob & Co and Elie Saab.
- •Luxury apartment prices range from 9 crore to 25 crore rupees, targeting high-level professionals, entrepreneurs, NRIs, corporates, and celebrities.
- •Infrastructure growth, including expressways, metro, Noida International Airport, IT parks, and GCCs, has fueled this shift, making Noida competitive with Mumbai, Delhi, and Gurugram for luxury properties.
Why It Matters: Noida's real estate market is shifting from affordable to luxury, driven by infrastructure and HNI demand.
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