As per my knowledge, there is no change in city Index of Ghaziabad. Indirapuram and Vaishali remained preferred residential destinations. Lal Kuan, NH-24, DLF Ankur Vihar offered maximum options within Rs 20 lakh. Over 45% ready-to-move-in properties in Indirapuram, Vaishali, Vasundhara and Crossings Republik.
According to me, little change in smaller unit demand, has been seen in some area, where as impact of this, does not carry much weight. But if you will notice in Kolkata, properties worth Rs 20-40 lakh most demanded where demand outstripped supply. Oversupply of apartments was recorded. Demand for 1BHK units rose by 3% and outstripped supply.
Hi Guys, As per my knowledge, Noida market remained stable for the last 15 months. Drop of 1-7% in rental values in over 65% localities. Sectors 50 & 62 remained preferred for rent. Demand of 30% for properties worth Rs 40-60 lakh and Rs 60-100 lakh. Almost 50% demand for 2BHK units supply at 41%.Units of 1BHK recorded 2% rise in demand.
As per different sources in Gurgaon , city index remained stable over four quarters. Upto 5% drop in capital values along the Dwarka Expressway. Maximum supply in Sectors 81-92 with upto 4% rise in values. Sohna Road, Golf Course Road remained preferred locations for sale and rent. Demand and supply of 32% for properties in the Rs 60-100 lakh and Rs 1-2 crore category. Demand of 40% for 2BHK units while supply was only 21%. Demand of 41% for 3BHK units with 52% supply.
Hi Mr Subho, In my point of view, if you will notice in Delhi, city index dropped by 9% in the last three quarters. Capital values dropped in over 55% tracked localities.1-10% drop in rental values in 50% tracked localities. Gross rental returns between 1.20-4%. Rise of 4% in demand for 1BHK units, supply remained stable. No change in demand for 4BHK units, oversupply in South & West Delhi. Narela, Ghitorni, Mehrauli and Uttam Nagar East had maximum availability of properties worth upto Rs 20 lakh budget.
Hi Subho, Overall 1BHK units have gained traction and its demand grew from 1-4 per cent across cities. Almost the same percentage of demand was seen for residential houses. While premium properties have always had a sizeable market share in terms of supply, developers were quick to take the cue and therefore supply dropped by 3-10 per cent in NCR. The last one year has seen increasing buyer interest in the Rs 30-50 lakh budget category.