NCR Real Estate Update for Q1, 2015
“As part of ‘Real Insights’ into real estate, commonfloor.com has come up with a quarterly report for MMR – with in-depth analysis based on CommonFloor data.
Q1,2015 in a Nutshell
- With 30 per cent, Ghaziabad emerged as the showstopper in new units supply in NCR, which had just captured 16 per cent market in the last quarter.
- Affordable properties rule the roost with 55 per cent, followed by luxury and mid segment with 26 and 20 per cent respectively.
- Among the top markets based on different parameters, Ghaziabad localities occupied maximum slots , which include new units supply, absorption, rental availability, rental demand, resale availability, rental Yield.
- Fastest Moving Rental Markets: As per CommonFloor’s proprietary data model, properties up for rent in Indirapuram, Crossing Republic, Pari Chowk, Sector-62 (Noida) and Sector-54 (Gurgaon) on an average take just 15-25 days to go out.
