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Suburbs drives growth in Delhi NCR

Q: In the latest report by JLL, the Delhi NCR has many emerging corridors that drives the real estate growth, comment
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Replies (3)
1
The existing areas of Gurgaon, Noida and Ghaziabad are reached their development potential and the report also suggest 5 other areas that are likely to emerge and see future planning and growth. although the most important governing factor for real estate prices remains the dynamics of demand and supply.
Rajib


2
Yea and thsi area is quite organised also as it has an independent planning board that regulates the economic growth and development in a balanced way..this body creates the functional plan for growth that is further implemented by the state governments and is based on the overall regional plan.
Prasad


Hmmm.. office, retail and residential real estate sectors have shown growth with the main market drivers being the untapped development potential and financial viability and affordability to not just developers but also end users as well.
Rajesh,  Delhi-NCR
20th May 2014


3
Well the report studies the future potential of this area for the past 18 months period of reflection after the recovery process that started in 2010.
Anup Goyal


Syed Pasha
Yes Anup, this report offers a comprehensive study of the real estate in Delhi and NCR area in terms of not just residential but also retail and office space. this area is the largest cluster of population in India and the second largest in the world.
Syed Pasha,  Delhi-NCR
20th May 2014


4

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