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Noida replaces Mumbai as second best realty destination: Report

Gurgaon scores down from previous year but still on top

Noida has replaced Mumbai as the second-best realty destination this year, according to an analyst report. Gurgaon-Manesar retained the top slot. The rankings by real estate data firm Qubrex are based on eight parameters—supply and demand, likely price appreciation in three years, emerging connectivity, potential growth in economic activity, nationally reputed builders, infrastructure, land acquisition risk, etc. Noida rose from the sixth slot last year, owing to increasing connectivity, the likelihood of the Delhi Metro being extended to Noida Extension in two to three years and the ...