Noida Extension has registered a capital appreciation of over 60 per cent during the last three years. From Rs 1830 per sq ft in the first quarter of 2010, the property prices in the sector have increased to Rs 2960 per sq ft in December 2012. The sector experienced a major growth in the rates of residential space in 2011-12 when the average price rose from Rs 1970 per sq ft in 2011 to Rs 2615 per sq ft in 2012, which translates into a growth of flat 32%. The prevailing prices in the sector are around Rs 3000 per sq ft.
The sector has witnessed a capital appreciation of almost 2 per cent during the last six months with the rates of residential property increasing from Rs 3000 per sq ft in the last quarter of 2012 to Rs 3050 per sq ft in the first quarter of 2013.