Supply situation may remain subdued and see only marginal increase in 2014 due to the deferred completion of a number of new projects and reduction in the number of launches across both the categories. experts are quite sure that this will improve by the second half of the year.
This situation too is quite good as you get more rentals and resale price too gets good. but this does not mean that there is nothing that is launched or ready ,many high-end luxury and affordable houses are almost complete and are likely to be delivered by the year end, while some are ready for possession.
Well Noida has good social, physical infrastructure in terms of good and reputed educational institutes- schools , universities colleges etce and a whole load of malls nad commercial areas like the sec 18 or the atta market and most importantly Metro connectivity to rest of Delhi and Gurgaon. this is a nice package in combination with wide roads.
Yea and there is a good demand for not just affordable housing but premium properties as well in prime areas like Sector 44, 74, 75, 76, 77, 78, 94, 119, 137, 143, 142 etc... The average rate is around Rs 4500-5000per sqft and more as well depending on the location and size of the property. Developers, realtor and professionals in the area are veru upbeat about the future scope of property here...