Hello Samar, Manesar is a good real estate destination for investment. I would also like to recommend you 'Unnati World' project offered by Unnati Fortune Group in Noida. Unnati Fortune Group is a leading real estate company in Delhi NCR and offering Unnati World as its premium commercial project. Properties at Unnati World offers assured 12% return on investment and has all the modern amenities. The project is well connected to the Noida Expressway and FNG corridor, and also situated in the vicinity of the proposed metro line.
Hi Samar, According to me, this ain't a unforeseen amendment that is going on within the market. Within the last 2 years roughly, investors are staying off from the market and sentiments are slow. This has resulted during a gradual collect unsold inventory within the market.
In my point of view, this is the proper time for an investors to get into the market as owing to the ample offer within the market, there's a better probability of negotiations and obtaining a far better cut price. Because the year yield, costs are expected to rise once more with rising emptor sentiments. Even an end user might get an honest deal currently.
@ Samar, You can get a plot sized at 1350 to 4500 sq ft, but here resale value will be around 10 % cheaper than new projects in market. Current fresh market price will be around 30000/sq-ft to 45000/sq-ft. So if you have got been thinking of investment towards Gurgaon, investment in Manesar may persuade be an honest selection.
Hi Mr Samar, The new arrange is being hailed as a windfall for real estate sector because it has created additional allowance for planned development of residential and industrial areas than its planned predecessors. the foremost radical reform envisaged within the new arrange is that the annulment of the land as yet reserved for Special Economic Zones (SEZs). This land can currently be parceled out to developers for constructing residential and industrial comes.
Proposed as a model administrative division with a fine balance of residential and industrial realty, the location has been rechristened as Integrated Manesar administrative division (IMT). Given its location advantage, it's currently being thought of as associate degree extension of Gurgaon town and has been earmarked for development at par the millennium town. The Urban complicated programme 2031 encompasses the event of each Gurgaon and Manesar in cycle.
@ Mr Samar, Approved by the Haryana government’s town and Country planning Department, the Gurgaon-Manesar programme 2031 envisages accommodating a complete population of 42.5 lac and urbanising a complete space of 32,988 hectares by the year 2031.