New Investors in Greater Noida and Gurgaon
However, actual estate analysts make a distinction between the regions, in terms of investment - while New Gurgaon is known as a high investor market. Greater Noida is termed a market for low-ticket investors.
For investors, New Gurgaon & plenty of parts of Greater Noida are speedy emerging as new actual estate hot spots. Historically year, New Gurgaon has recorded property cost appreciation of 66 per cent. While property prices have risen about 21 per cent in Greater Noida, the area is not limited to being a finish user market; investors were investing in New Commercial Project in Greater Noida, hoping for significant returns through the next few years.
However, actual estate analysts make a distinction between the regions, in terms of investment - while New Gurgaon is known as a high investor market. Greater Noida is termed a market for low-ticket investors. As of March-end, the average residential property cost in New Gurgaon stood at Rs 7,068 an sq ft, against Rs 2,528 an sq ft at the finish of March 2009, a rise of 180%, according to knowledge by actual estate research firm PropEquity. In Noida Extension, part of Global Business Square Greater Noida, prices have risen 49 per cent through the last years. In the last year, prices have appreciated 16 per cent, compared with Rs 2,818 an sq ft at the finish of March 2012.
In Yamuna Expressway, part of Greater Noida, prices rose from Rs 3,500 an sq ft at the finish of March 2009 to Rs 3,664 an sq ft at the finish of March this year. In the last year, prices rose 21 per cent. While the remainder of the National Capital Region has seen muted growth, the markets of Greater Noida and New Gurgaon have seen significant appreciation. Investors have a limited risk appetite, due to a slow-moving economy, changing regulations and tight liquidity conditions. Both these markets provide low entry points, with significant upside to investors. Greater Noida saw a healthy cost appreciation due to availability of affordable options like Office Space in Greater Noida, while New Gurgaon had emerged as the next best location because of lovely infrastructure, stunning pricing and good-quality projects. Besides, the profiles of developers had also aided growth in New Gurgaon. Property in Gurgaon
Greater Noida is already attracting lots of investor interest. And, taking a look at the trends, this active investor interest would only accentuate. The region is fast emerging as Noida's luxury location and would continue to be the upcoming launch pad of lovely Top Property in Greater Noida. Dwarka Expressway and Noida Expressway recorded cost appreciation of 206 per cent and 158 per cent in the last years, respectively. As of March-end, prices stood at Rs 7,121 an sq ft in Dwarka Expressway, while in Noida Expressway, they stood at Rs 9,435 an sq ft. In the last year, property prices in both areas rose 45 per cent.
For More Information-
Contact Person: Tushar Sharma
Phone no: +91-7835009898
No comments:
Post a Comment