F1 impact on Noida real estate

Q: How is the realty market near the Buddh International Circuit?

Richa, Delhi

14th August 2013

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Replies (2)

Well, there are mixed reviews about this area, some developers feel this area will not have much affected by the F1 and some other say it will hit sales considerably. But what all fail to realise that there is a saviour, that’s the Yamuna Expressway. I would say, give it some time. Gurgaon has great growth potential.

Jeet Bhaskar, Delhi

14th August 2013

Comment

The market is very good I must say. Despite the slowdown last year, the property prices for residential properties increased near the Buddh International Circuit, thanks to Formula One, and Yamuna Expressway.

Vibhor, Delhi

14th August 2013

Comment

Hi, this was the situation last year, very true. But do you know Formula One has decided to drop 2014 Indian Grand Prix of its calendar? What now?

Pranab Malakar, Delhi

14th August 2013

See, although F1 might not be there, but that will be a short-term impact on the property prices. The long-term impact can’t predicted as yet because Greater Noida has unlimited potential for growth and development.

Nikhil Agarwal, Delhi

14th August 2013

But dint this area become famous because of the F1 track? Then how can it be a short term impact?

Praveen P, Delhi

14th August 2013