Few days back, Greater Noida use to be considered as one of the mainly sought after localities in terms of real estate market are now appears to be under a spell of slow demand. Though affordability, sound infrastructure & propinquity to Noida & Yamuna Expressway are its key strengths, the scarcity of arterial accessibility, over supply & better housing choices in neighbourhood are equally strong to oppose the locality. Experts of the real-estate market believe that the prices & demand in Greater Noida are reeling under the pressures of overall market slowdown & expects that situation will improve post-election results. As per the reports, the housing prices across various segments in Greater Noida have been either increased marginally or declined in the Jan-Mar year 2014 quarter in comparison to the same quarter a year ago.

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Sector Zeta of Greater Noida witnessed a decline of eleven offers in capital values in Q1 2014 as compared to the same quarter last year whereas Segment 1 has reported the downfall of 14 percent. In the meanwhile, the sectors Chi, Pi & Pi-II have witnessed the marginal development of one/two and three percent respectively. According to the professionals, the main reason for Greater Noida to watch declined price levels is accessibility is more than the demand. From end user's point of view, Greater Noida is last choices as Yamuna Expressway & Noida Extension are becoming more popular with their easy convenience & innumerable living room options. The lack of accessibility via transport route has emerged as another reason behind the downfall of Greater Noida.

The city has been under growth since last ten years & up to sixty offer of the micro city is already mobilized. However, the accessibility to the interior sectors of Greater Noida has been a concern for prospective purchasers. 

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Yamuna Expressway u & Noida Extension, the neighbouring localities of the city are offering better connectivity & transport service thus resulting in a further suffering of holdup in Greater Noida. The selected physical patches of growth in the metropolis had led to additional congestion. Some of the development patches are posh whereas others are middle quality. Some properties are selling at Rs 1 laky per sq. yd. while others are at Rs. 15,000 per sq. yd. It is expected that there will an appreciation in housing prices once the unsold inventory clears up & the election results are announced. As well as, there is a proposal of launching hi-tech city bus facility in the few months which will ultimately fuel the demand that has presently been focused on the neighbouring localities.

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