I completely agree with Nikhil Agarwal, Delhi NCR especially areas like Noida sector 144, sector 119 and areas surrounding these sectors are gaining huge response from both builders and investors. Some well-known builders Geoteck, Unnati Fortune Group and more are building some big projects that include residence, commercial and retail space.
How is the current real estate market condition in Noida? What are the factors I should check before investing in any region ? Kindly help me out , as a first time investor ,I have some doubts.
Hey Kalki K, AS per my knowledge, Noida extention presents affordable houses from great developers and developed as an engaging destination for each one of those hoping to purchase house at reasonable rates. However, people were sitting tight for the court judgment before they could bolt their funds. Since the danger is no more there, the interest for the house here will rise.
@ Kalki , While the micro market business sector was confronting problem of high supply and unsold units, investors accept that this will bring the wall sitters into the business market and the saturation levels will go up. While Noida Extention is known for affordable houses drawing end users, furthermore brings relief to those people who had invested in property.
Hi Kalki, So far as of now more that 100 crores have been invested for the improvement of the location. This request will empower opening quality for all stakeholders as well as help the customers, developers and financial institutions recover their capital that had been stopped for a moment .
Real Estate Market of Delhi NCR is going to have some world class high rise residential building in near future. The high rise residential projects offered by Unnati Fortune Groups in Noida expressway have spacious apartments with ample daylight exposure, high end fit-outs, full power backup, well equipped swimming pools, gyms, library facilities, etc.
Hi Tanuj, Waht are the investment opertunities here? As per current market condition ,is this a right time to invest in real estate ? From investment point of view, is Noida better that Delhi?
As per my knowledge, the demand is much more stronger in Delhi-NCR as compared to other places. This is an energetic market and will continue developing. As indicated by diverse sources, there is space for improvement in prices, which will trigger the demand in DelhiNCR.
As I would see it, the large scale environment is better and things ought to begin enhancing from this point forward. Moreover, prices in the residential portion over the area are prone to right by 15%-20% throughout the following couple of years due to the land pooling policy. This will prompt an increment in the demand for residential properties.
Hi Mr Akash, As indicated by me, Tata Housing's entirely subsidiary Tata Value Homes, is coming up a affordable project at Bahadurgarh, also near to the capital. Bharti Realty is also planning to develop its first residential project in Surajkund, Faridabad, near Delhi. Many builder are coming up with new ideas to build new residential projects in DelhiNCR.
@ Mr Akash, As per sources, every one of these projects are expected to go on stream in this financial year. As indicated by experts, with notice of land pooling policy in Delhi, more developers are relied upon to enter the real estate market. With property costs in Gurgaon touching the roof, developers are scouting for location close to the Delhi outskirt to offer residential units in the mid-end segment.
Hi Akash, As per latest news, Delhi and its nearby zones are again getting to be prime speculation destinations for land developers, with, for example, Sobha Developers and Godrej Properties planning new projects. Tata Housing and Bharti Realty have likewise declared projects close to the Delhi border.
Hey Akash Kanojia , According to me, Godrej has a agreement with Southend Infrastructure to build up a 5 acres of luxury residential group housing project at Okhla Phase-1, Delhi. Thus Shoba builders,Bengaluru based ,signed an arrangement a month ago with Indian Hume Pipe to build up a residential group housing project in Badarpur, South Delhi.