Real Estate in Delhi NCR

Q: Is Delhi NCR real estate is facing some problem? I dnt see any new launches in the area.

Baldeep Singh, Gurgaon

1st April 2013

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Replies (19)

Sky mansion is a benchmark project in Chatarpur.

Shival Chaudhary,

6th May 2020

Comment

Get to know about the amenities being offered by the project Skymansion by Risland. Various lifestyle amenities like clubhouses, swimming pool, health centers, gyms, sports arenas, and community centers are being promised to offer when you book for an apartment or a residential property of any type. By taking a site visit, you may get to know if all these promised amenities are provided.

Shival Chaudhary,

10th April 2020

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Despite of market slowdown, Delhi-NCR is showing growth pattern. what is the key influencers of growth potential?

V. Victor,

13th November 2015

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There are various reason for Delhi-NCR is showing good growth:
1. Oversupply of residential unit.
2. The Yamuna Expressway Industrial Development Authority launched a new scheme in September 2015 for constructing integrated residential and commercial projects.

david.m,

13th November 2015

Hi Himnagi,
Sources revealed that market looks unapproachable with unsold residential stock, however there is an increment in office space assimilation by IT companies as well as e-business firms. Higher office space renting is relied upon to keep home rental markets as well as commercial markets of Noida and Gurgaon cheerful.

Samar, Gurgaon

6th August 2015

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Hey Himangi,
According to sources, as builders/developers concentrated on selling of unsold units, there was a drop in the quantity of new projects in Delhi-NCR. It is true that rental market condition in Gurgaon as well as Noida are better than other regions of Delhi NCR, because of enormous office space retention in these areas.

Veena K,

7th August 2015

As per recent news, the development of the Delhi metro enhanced sentiments in specific regions & projects in DelhiNCR property market, affecting the rental values more than capital costs. No matter how DelhiNCR property market showed some improvement in property prices, but still unsold units are big problem for real estate developers.

Bulbul Verma,

8th August 2015

As per expert new launches declined by 30-35 per cent as developers continued to face financial crunch.The Reserve Bank of India’s (RBI) repo rate cut in June this year brought cheer to the industry; however, it did not translate into public benefit.

V. Victor,

13th November 2015

Hi Guys,
According to sources, in some other areas of DelhiNCR, property prices also dropped. Property cost in Dwarka dropped by 4% and East Delhi property market faced a motionless real estate market. The upmarket neighborhoods of Greater Kailash I and II timed a rush of 6% and 4%, individually, in the June end as compared to past one.

Sufia, Delhi

6th August 2015

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Hi Guys,
I came to know from new that in April-June quarter, property costs in Delhi-NCR region increased 1% as compare to last 3month time.Kindly discuss.

Himangi deshmukh, Delhi-NCR

6th August 2015

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Hey Himangi,
According to news, regardless of repressed demand as well as immense unsold inventories, still DelhiNCR region is indicating change in property cost. Delhi NCR's property market proceeded with slow paced direction from 2015 Jan-March to April-June with an inconsequential development of 1% in property costs.

Deep Thakur, Delhi-NCR

6th August 2015

Hi Deep,
As it is seen, costs ascended even with a tremendous stock of 1.70lac units. Extraordinarily in Delhi real estate market, property costs down by 2% in April-June 2015 when contrasted with past quarter period. Property costs in South Delhi developed irrelevantly, at the same time in North and West Delhi dropped by 5% and 8%, individually.

Himangi deshmukh, Delhi-NCR

6th August 2015

As per article publish in internet Rental values in Vikaspuri surged up by six per cent from January to September 2015. The 23.6 km Vikaspuri- Wazirabad elevated road is slated to be inaugurated in December 2015. This project will decongest the Outer Ring Road, while facilitating signal-free commutation.

Huda Ali, Delhi-NCR

13th November 2015

You must check noida projects. They have been launching various projects which you can refer for your property. You can go for Unnati Fortune builder projects located in noids expressway.

sonam gupta,

23rd July 2015

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Hi Sonam,
I am looking for such a project where I can invest & in return I will get good money. Can you kindly provide some information about projects where I can do investment? Can you share some information about Unnati Fortune Builder?

Ares,

30th July 2015

Hey guys,
A huge inventory is heaping up regardless of costs revising by more than 20% in the most recent one year, while there is a tremendous fall in the new projects being dispatched by developers . This survey uncovers that interest for purchasing property in the NCR has diminished by more than 30%-35% in the course of the most recent year.

Praneetha, Delhi-NCR

17th July 2015

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@Lohit,
The apartment costs for 3BHK, 2BHK, as well as 1BHK, have remedied by 30% in Noida, 25% in Gurgaon, as well as 15% in some major areas of Delhi yet demand, is still reduced, as per the survey. Despite the fact that there are indications of macroeconomic change, it would be a truly a slack before it gets thought about the real estate markets.

Bulbul Verma,

18th July 2015

@ Lohit,
One of the major issues highlighted by this survey is the abnormal state of obligation with the real estate developers and their poor judgment in the stock market, constraining their avenues to repair their balance sheet. By one means or another, it reflects in the convenient conveyance of the projects, caused by high premium costs in spite of some course improvement by the Reserve Bank of India .

Vinu S,

19th July 2015

Hey Guys,
As per the survey, the residential market business has seen a precarious decrease by 30%-35% in new dispatches as well as interest coming about a noteworthy reduction. The unsold stock weight in NCR area is the most astounding among every single other cities.

Samrat,

20th July 2015

@ Lohit Raj,
The residential market in NCR still has an expected 167000 units of unsold stock which is roughly 30% of the units in under construction stage, as indicated by the survey. The issue has been confused by deferrals in administrative clearances as well as disputes. Around 60% of the unsold real estate in NCR is in locations that are at present unacceptable.

Himani,

21st July 2015

Hey Lohit ,
According to a survey conducted by industry body ASSOCHAM, the NCR residential real estate market business is screwed over thanks to an expected stock of 170000 units while an additional 90000 residential units are under construction stage that are prone to be postponed for possession.

Shivshankar, Delhi-NCR

17th July 2015

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Hey Guys,
As per ASSOCHAM latest report, unsold housing units are more in DelhiNCR. What is the reason behind it ? Kindly discuss .

Lohit Raj, Delhi-NCR

17th July 2015

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Hi Lohit Raj,
As per latest news, ASSOCHAM drew attention to the increment in stock level, is a direct result of falling interest from investors as well as genuine buyers. A larger part of the respondents who took part a survey of 120 real estate builders in the NCR said that even apartments in ready to move in stage are hardly getting few buyers.

Jamuna sikhri, Delhi-NCR

17th July 2015

Hey Guys,
In my point of view, Gurgaon and Dwarka is seeing huge buyers and investors interest and is one of the promising realty markets in the National Capital Region (NCR). It is near to International Airport. Dwarka Expressway,called the Northern Peripheral Expressway, when complete would be a 8 lane expressway, being developed by the Haryana Urban Development Authority (HUDA) at an expense of Rs 120 crore.

Jamuna sikhri, Delhi-NCR

11th June 2015

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@ Mr Raj,

In my opinion, this expressway as of now appreciates a better than average infrastructure schools, shopping complex as well as hospitals in Palam Vihar, Gurgaon and Dwarka. As a part of the Gurgaon-Manesar Master Plan 2021 (Urban Complex Plan), the expressway will connect Dwarka to National Highway 8.

Veena K,

12th June 2015

Hey Guys,
According to different sources, the average residential price of this region was around 2550/sq-ft in year 2009. After many ups & downs, this price showed some improvement. In year 2013 &2014 ,there was noticeable change in the average residential price. As of now in year 2015, this average residential price is around 6900/sq-ft. There has been 9%-10% average growth in this price trend.

Ananya,

13th June 2015

Hey Guys,
I think one of the top hot property destination in DelhiNCR from investment & end use prospective, is one and only Yamuna Expressway. This location is a booming real estate investment destination in DelhiNCR. Key factors that variables that make the Yamuna Expressway a goldmine for property investors are its closeness to Delhi, fast industrialization in Great Noida, and the vicinity of a substantial number of educational institutions there.

Bulbul Verma,

14th June 2015

Hi Mr Raj Roy,
Well I am considering about Bhiwadi. Bhiwadi is presently a quickly developing town on NH-8, located in the Alwar area of Rajasthan, bordering Haryana. The purpose behind development is because of development in infrastructure that has occurred in the course of recent years. Spread more than 3,347acres of land and with another 3,000 acres of land proposed for its expansion, Bhiwadi has numerous including MNC industrial units manufacturing different types of products.

shaina,

11th June 2015

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@ Mr Raj,
I believe, Bhiwadi is situated next to Gurgaon and Manesar and it takes approx 1hr 16mins to reach here from Delhi. Bhiwadi is a promising real estate destination with numbers of businesses/commercial units deciding to set up shops from Delhi, Punjab as well as other areas. Despite raising price in the area, housing is still affordable here.

Amreesh Murugan,

11th June 2015

Hey Guys,
Any update on DelhiNCR real estate market condition? I mean overall how is this area behaving now a days ?

Raj Roy, Delhi

11th June 2015

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Hey Raj,
As per my knowledge, the property costs in the national capital region keep on challenging people. Such is the development in the housing market in the area that housing development companies are thinking that it hard to stay aware of the volume of interest from possible buyers.

Richa, Delhi

11th June 2015

Which area is showing good rental market in and around Delhi?

V. Victor,

13th November 2015

Hello Victor, In respect of rental market in Delhi-NCR, following localities are showing great appreciation:
1. Patel Nagar
2. Sector 18 A Dwarka
3. Sector 12 and sector 9 of Dwarka.

david.m,

13th November 2015

You are right David, The proposal to construct new roads and to strengthen the existing infrastructure of the region increase demand of rental market in West Delhi.

Sameer Khan, Delhi-NCR

13th November 2015

main reason for NCR real estate loosing its pace is the substantial increase in the construction cost of a project. Due to this, the developers demand that they should have substantial funding before launching a project.

Sukhwinder Kher, Gurgaon

9th April 2013

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New launches have already slowed down in Delhi-NCR and the developers are waiting to revival of the fortunes demand for the affordable housing.

Neha Srivastava, Delhi-NCR

9th April 2013

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The new launches in NCR has dropped by 35 percent to 5,208 when compared to the statistics of last year which was around 8, 041 units.

Manisha Soori, Gurgaon

8th April 2013

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new project launches in Delhi-NCR is highly affected by project approval delays, increasing costs and lackluster demand from the buyers.

Aloke Kumar Singh, Greater Noida

7th April 2013

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Thanks abhishek for replying but want to know that how much should i keep my budget as ?for commercial property?

Baldeep Singh, Gurgaon

7th April 2013

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Hi Baldeep,
Cosmic has launched there 03 commercial and o1 residential project on Noida & Greater Noida expressway.

For details lets arrange a meeting.

Abhishek, Apartment Resident, Delhi

4th April 2013

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