A new ANAROCK report tracking 11 major residential markets from 2019 to Q2 2026 has ranked Noida the top performer in India, with home prices up 125% – from Rs 4,795 to Rs 10,780 per square foot.
That beats every other major market in the study: Gurugram (117%, Rs 6,150 to Rs 13,350), Hyderabad (93%), Bengaluru (90%), Mumbai (64%) and Delhi (47%). Rental yields improved too, with Noida’s average yield rising from 3.2% to 3.9% (+70 bps) – a smaller gain than some peers, which ANAROCK notes is natural, since rising prices tend to compress yields.
One nuance worth keeping honest: Noida’s absolute price (Rs 10,780/sq ft) is still well below Gurugram’s (Rs 13,350). So the real story is appreciation rate and momentum – and, arguably, that Noida still has more headroom per square foot than markets that have already re-rated. For long-term buyers, it’s further evidence that the infrastructure-led thesis for Noida and Greater Noida is playing out in the numbers.
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