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Home > Forum > Delhi > Real estate News > Rapid urbanisation helping Delhi NCR to boom

Rapid urbanisation helping Delhi NCR to boom

Q: Hi guys I just read the news in the morning, I want to know what are the factors thats helping Delhi NCR to boom.

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Replies (4)
1
But guys even NCR has witnessed the slow down,there was a news which stated that NCR residential market shows a owing to the slowdown in both project launches and absorption. Developers are facing a liquidity crunch due to limited access to both domestic and international funds leading to a slowdown in construction activity resulting in project delays.
Ranjeet


2
Guys there are always some USP of the place that helps it to grow. Delhi-NCR is the largest urbanized city in India and I guess the second largest in the world. The factors that makes the Delhi-NCR market interesting is that it has an independent planning board, that is created to channel the flow and direction of economic growth and development along more balanced and spatially orientated paths.
Chandan


And Chandan if we go through the statistics, NCR witnessed a total absorption of 35,000 units, an increase of 18 per cent from last year. Which shows how rapidly the city is growing!
Udit,  Faridabad
28th November 2013


3
True for Delhi NCR, it is not only the real estate sector, but all the housing, retail, hospitality and commercial which look a good leap. Indian real estate sector has been a mixed bag of growth in the last decade.There are so many expressways, new corridors thats coming in! Good to see development.
Pallav Singh


4
Pranjal Delhi NCR is in maximum demand because of the factor both investors end users agree that the sector attracts investments as it is one of largest job creating clusters and also has the world-class infrastructure. All this factors joins up together and demand rises constantly.
Amarendar


5

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