Gurgaon, Noida witnessing growth in studio apartments
Gurgaon and Noida are witnessing an increased supply in the studio apartment segment due to strong economic growth. According to industry estimates, the two cities collectively will have around 9,000 studio units delivered over the next 2-3 years.
Noida has seen a growing need for studio apartments while Gurgaon is catching up. Noida-Greater Noida realty market offers cheaper studio apartments among the under-construction projects. The price of a 450-525 sq ft studio apartment ranges between Rs 3,000 and Rs 3,500 per sq ft.
However, in Gurgaon most of the studio apartments fall in the luxury segment and are positioned as a life style option. Logix Group, 3C Developers, ERA Group, Wave Infratech Pvt Ltd. are some of the leading players in the region.
3C Developers, Delhi-National Capital Region (NCR), ERA Group, Greater Noida, Gurgaon, Logix Group, NCR, Noida, Noida realty market, Real estate in India, studio apartment, Studio apartments, Wave Infratech Pvt Ltd.
