Property Values Dip in Noida

There had been a decline in plot capital values in the last 6 months by 20-40 per cent across most sectors in Noida such as Sector 11, 12, 19, 20, 22. Capital values all across are stabilizing to an average of 10-15 per cent with the fluctuations in share market the properties are going steady. The loan conditions are tough so the properties are not much appreciating; they are stable but not increasing much, from the past 4-5 months.

The dip was maximum in sectors-19, 20, 22 in December to almost 25-40 per cent. The values however revived in last 3 months by approx 12-15 per cent. However prime sectors such as Sector 14A, 15A etc continue to command high plot values at Rs 74,000-1,60,000 per sq yard for the month of February.