What is the current real estate market scenario of Greater Kailash, DelhiNCR ?

Q: Hey Guys,
Share some information about Greater Kailash. I heard it is a investment hub !! How is the locality?

James, Delhi

2nd June 2015

Locality Review in Delhi

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Replies (8)

Hi Guys,
As per the news, a drop in home deals has pushed developers inventory to untenable levels in the NCR of Delhi, making conditions at a genuine price correction that builders have so far evaded . There are approx 175,000 unsold apartment units in NCR and some are under construction. While deals have been on a slide in the majority of the big cities, the issue in the NCR is strange. High costs and huge sizes has pushed the majority of the apartment units past the range of average home purchasers.

Raj Roy, Delhi

21st October 2015

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Hey Raj,
What has further exacerbated the issue is the way that large portions of these apartments are situated in far away areas that don't have much to brag in terms of infrastructure. As indicated by different sources, unless unit prices descend, sales are prone to stay low in the NCR.

Jeet Bhaskar, Delhi

21st October 2015

As of now, NCR real estate market is not showing much impressive or aggressive improvement. Somehow long term investment is a only option here but good time to buy though. Builders are forced to cut down apartment prices as the unsold stock is piling over. Without selling the previous stock, how come they launch new project? Is not it ruining the reputation of builders?

Sufia, Delhi

22nd October 2015

As per sources, the NCR property market is presently offering less homes as far as volume than even a littler market like Bengaluru. Unless this unsold inventory gets ingested, it will be troublesome for buyers certainty to return to this market. This has extended the balance records of builders over the NCR, hampering their capacity to diminish obligation or launch brand new projects.

Raj Roy, Delhi

23rd October 2015

Builders will go under further pressure as a result of this unsold stock. Investors who had bought properties before are getting to be eager as they don't see much improvement in price appreciation. They need to exit. At the point when this supply comes into the real estate market at a discount, it will make further pressure on builders, particularly for small and medium-sized developers.

Richa, Delhi

24th October 2015

Hi, Why don't you consider noida expressway for your investment? Just look at the details of unnati fortune group, and see the features provided by its projects.

joya khatun,

12th October 2015

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Hi,
Are you an real estate agent Register/Login at Agents Login to get matching buyers and tenants.

Ananya,

21st October 2015

Hi, I would like you to tell you about one of the most preferred real estate developers that offers luxurious properties in noida expressway.

himanshu,

12th October 2015

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Hi Himanshu,
Are you an real estate agent Register/Login at Agents Login to get matching buyers and tenants.

Ananya,

21st October 2015

Noida is an attractive destination to invest in the real estate project and get maximize returns at this point of time. If you're looking to invest in commercial project in Delhi NCR, I would like to recommend you 'Unnati World' offered by Unnati Fortune Group, one of the leading real estate companies in Delhi NCR. Unnati World is situated at fully inhabited sector 144 of Noida and offers affordable apartments and office spaces. Th project has great connectivity with Noida Expressway, Noida City Centre Metro Station and proposed metro line, all at its vicinity. Unnati World also offers assured 12% return on investment till possession. You should definitely see the project specifications.

abhay bhardwaj,

4th June 2015

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Hi Abhay,
Thanks for sharing this information. Are you an real estate agent Register/Login at Agents Login to get matching buyers and tenants.

Veena K,

10th June 2015

Hello everyone, while Delhi remains a point of focus for real estate development, Noida and Faridabad are also developing fast to compliment it. The best area to invest in a real estate property is the one connected well to the city and have everything in the neighborhood including schools, markets, hospitals and malls. For this, The Unnati Fortune Group brings really great residential and commercial projects - The Aranya and Unnati World, which are located in the fully inhabited sector 119 and sector 144 of Noida, respectively. In terms of metro connectivity and neighborhood, Sector 119 and sector 144 are most suitable for office goers and family. The projects are well-connected to Delhi and Gurgaon also.

Vaishali Negi,

4th June 2015

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Hi Vaishali,
Are you an real estate agent Register/Login at Agents Login to get matching buyers and tenants.

Ananya,

10th June 2015

Hey James,

As indicated by me, Greater Kailash is well known for its M and N Block markets. A few famous designers & brands have showrooms here. This is one of the real reasons why numerous people prefer to purchase or invest into a property here; as well as, this absolutely the reason that costs in GK remain so high.

Jackie,

2nd June 2015

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@ Mr James,
As indicated by sources, Greater Kailash is a prime residential location of Delhi, known for its high end society and great neighborhood. The area has all daily basic amenities like Hotels, clubs, parks & markets. Property rates have not gone up even after the circles rates were reconsidered here, making GK a perfect place for Investors & end users.

Veena K,

3rd June 2015

Hey Guys,
In my point of view, the average residential price of Greater Kailash in year 2009 was approx 11900/sq-ft. Surely this price showed significant improvement having many ups & downs . Still in year 2015 April, sources said that this average residential price is approx 25000/sq-ft. So this locality is very much suitable for investment .

Sujan Mitra,

4th June 2015

Hi Guys,
According to me, Greater Kailash-1 was developed in year 1960 by DLF limited. When Delhi government granted permission to private developers to build societies & colonies. Now this Greater Kailash became wealthy place in the DelhiNCR. Apart form M & N block, N & H block are also popular markets in this locality.

Vivek Kulkarni,

5th June 2015

Hi Mr James,
In my point of view, transportation & connectivity is one of the few key factors that prompt the rising demand of this area. The domestic airport which is 17km from Greater Kailash, Nizamuddin rail way station is approx 9km & the international airport (IGI) is approx 22km away. Moreover with the upcoming Metro line, people staying in and around Greater Kailash are currently so very much well connected that the majority of them do not want to relocate.

Supratim,

2nd June 2015

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@ Mr James,
As per my opinion, this place is very comfortable as well as peaceful, greenery open space & parks adding some benefit to it. Also, the metro has come as an extra gift to people of Greater Kailash. As of now each part of Delhi is easily accessible from here. Many retail shops, markets & commercial complexes are located in Greater Kailash.

Mritunjoy Deb,

2nd June 2015

Hi James,
As per my knowledge, Greater Kailash is known for the greenery, posh locality ,fancy restaurants & high end top markets . Greater Kailash is isolated into two sections/zoned, GK I and GK II. Both zones are very much famous for lush green lawns & big beautiful buildings. Many private & government developments happened in this neighborhood.

Richa, Delhi

2nd June 2015

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