The residential property market in Noida is complex due to its structured sector-based planning and the coexistence of Authority-developed plots and private high-rise housing societies. These two categories follow different pricing patterns, even within nearby areas. This study aims to develop a transparent price prediction model using Multiple Linear Regression to analyze the impact of hyperlocal features, particularly Metro connectivity, on property prices. A historical dataset of Noida properties was utilized and processed using Python and Pandas. The finalized regression model achieved approximately 85% accuracy on the testing dataset, revealing that Sector Location and Metro Connectivity are the most influential factors, often outweighing flat size. This demonstrates that a transparent regression approach can effectively support fair pricing in high-variance markets.
Kavya Sharma (Thu,) studied this question.
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