NCR market continues to attract buyers

Q: Hi I have got the news that, NCR market is still attracting the buyers?? I want to know the reason. Kindly Discus!

Hritwik, Noida

27th November 2013

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Replies (5)

How about the rental curve in NCR market, is it striking up or down??How good is it going?

Jewel, Noida

27th November 2013

Comment

Hmmm good question Jewel, the rentals have remained stable across most of cities, except Ahmedabad, which registered 4-10% decline in rentals across segments. Gurgaon in the NCR also registered a 4-12% dip in rental values for high-end spaces. Bangalore saw the maximum appreciation,
4-12%,across a few submarkets in the mid-end segment capital values due to persistent demand from working population.

Sarith, Noida

27th November 2013

Hi, all but there was a drop in real estate demand also right ! You know there was news of comparison with the first half of 2011 and 2010 reveals a dip of 33% and 59%, respectively. It is quite evident that developers are keeping new launches in check in order to bridge the supply and demand gap.

Daniel, Noida

27th November 2013

Comment

Actually Shekar, as experts says that the NCR market saw a fall in launches-by nearly 40%-compared to the peak levels of 2010. One more thing to be noticed is demand has recently stabilized and improved in the last few quarters, which indicates a healthy residential market scene for the NCR.

Amitabh, Noida

27th November 2013

Comment

The demand is continuous because of the locational advantage, the stability of the market, upcoming infrastructure and also upcoming industrial hubs are drawing the maximum attentions of both the end users and investors.

Bobby, Noida

27th November 2013

Saras, I do not think ki its only NCR which is scoring high, but there are number of units launched in the second quarter and constitutes 22% of the total launches across top 8 cities in the country like Bangalore, Ahmedabad, Pune, Chennai, Hyderabad, and Kolkata.

Chandra, Noida

27th November 2013

Comment

But Chandra what is the reason behind the such continuous demand and why the place is so lucrative for investors!

Sekhar, Noida

27th November 2013

Yes , very very true Delhi NCR residential market is still a favourite destination for affordable, mid-, and high-end housing segments, even in this period of economic slowdown.According to few real estate reports with increasing demand of housing cutting across segments in the Delhi NCR realty market, nearly 9,600 units were launched in the third quarter of this year.

Saras, Noida

27th November 2013

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