Micro-markets witness double in 2 years

Q: Hi, i have heard the news that micro market will have double returns in 2 years, can any one brief about the situation?

Praneetha, Delhi-NCR

28th October 2013

Real estate News in Delhi

delhi ncr

delhi

properties

real estate news

Follow Discussion

Also see discussions for

Delhi Real estate News Real estate News in Delhi

Replies (4)

How about property rates in Dwarka Expressway?

Bhawna, Gurgaon

28th October 2013

Comment

Properties on Dwarka Expressway are currently selling at Rs 6,000-8,000/sq ft and it is an appreciation of over 50% over the corresponding 2011 levels.

Jitendar, Gurgaon

28th October 2013

Gurgaon has transformed from an investor-driven market to being an end-user driven market. On the other hand, the Southern Periphery essentially remains a hotbed as the current price point has the highest magnitude of affordable options.

Karthik, Gurgaon

28th October 2013

Comment

See the Golf Course Road after construction of the underpass and the proposed expressway will improve connectivity significantly which will boost sales....

Srishti, Gurgaon

28th October 2013

I have gone through the study, Golf Course Road, apartments are currently priced in the range of Rs 12,000-16,000 per sq ft as compared with the price range of Rs 8,000-9,000 per sq ft two years ago. On MG Road, the current prices for residential apartments are at Rs 10,000-12,000 per sq ft as against an average of Rs 8,000-9,000 per sq ft in 2011.

Hitesh, Gurgaon

28th October 2013

If we go by the latest real estate prices , areas like Gurgaon’s Golf Course , Golf Course Extension and Southern Periphery and Dwarka Expressway are witnessing huge property ratehikes. So if you are interested in investing in this area...do it now!

Gaurav Malik, Noida

28th October 2013

Comment

Hi, i guess in Southern Periphery and Dwarka Expressway where high demands are being recorded the maximum.

Sunil Sharma, Noida

28th October 2013

In Southern Periphery, properties are priced in the range of Rs 6,000-7,000 per sq ft as against price levels of Rs 4,500-5 ,500 per sq ft a couple of years ago.

Nilufar, Gurgaon

28th October 2013

Property prices in NCR’s upcoming residential markets, which real estate experts term ‘residential micromarkets’, have nearly doubled in the last two years.This trend,is owing to new options being made available in these micro-markets which has become an attractive proposition for buyers who can’t afford to enter the prime real estate market.

Anwar Mohammed, Delhi-NCR

28th October 2013

Comment

Looking at the statistics guys, i feel that these pockets of realty in Gurgaon and Delhi are defying the general slowdown in NCR market and are now driving it forward ...

Tamal, Delhi-NCR

28th October 2013