Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Industry Trends for NCR commercial and residential properties

By Rahul Subscribe to RSS | August 14th 2012 | Views:

Noida, Greater Noida, Indirapuram, Gurgaon, Faridabad, Ghaziabad and nearby areas that are a part of Delhi/NCR continue to be on the radar of investors whether they interested in commercial, industrial or residential property. Currently it is being seen that due to the rapid urbanization in the last few years, some areas are seeing a fair level of saturation leading to a dip in investors’ interest while some other suburbs like Noida and Gurgaon are emerging as the stars on top of the charts due to their excellent connectivity to the national capital & other states and better infrastructure.

In fact, there was a 20% increase in demand for commercial and residential property like office space last year in the first quarter as compared to the previous year. The reason for such growth is being attributed to several factors such as the improving infrastructural development and governmental initiatives. Many private players in the realty business have been emboldened and are undertaking lucrative NCR Commercial Property projects. Their decisions are influenced just by looking at the potential profitability that is set to be very good in the wake of Metro Line connectivity, development of various flyovers & underpasses and increase in residential dwellings in the suburbs. Looks like Delhi NCR is set to give tough competition to its older cousin Delhi in the coming years as well! Now let’s discuss the current Industry Trends For NCR Commercial Properties that are set to change the face of NCR.

Infrastructure Development: Supporting The Basics

Many locations across NCR are set to become more lucrative for Buying Commercial Property due to the infrastructure projects that are underway now and are set to be completed by the end of 2012. Many industry experts are saying that with the opening of the Yamuna Expressway, there is going to be a scramble to get the most benefits amidst the investors and real estate companies. This expressway connecting Noida and Greater Noida with Agra will be a great milestone in NCR’s Real Estate Development history.

So it does not come as a surprise that the Noida Authority has already increased the circle rates in anticipation the benefit to the commercial property owners. This action has had an obvious impact on the property prices that have increased by almost 25% to 40%. While Wave Infratech , Supertech and Paramount Group are set to become heavily involved in development of commercial property around the area, Jaypee Infratech already has the lion’s share in development. It will be developing property over 6,175 acres of land.

Rahul - About Author:
Real Estate is on a meteoric rise in Indirapuram, be it flat for rent in Indirapuram, or flats for sale in Indirapuram, especially 2 BHK flats for sale in Indirapuram.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Real Estate Articles Subscribe to RSS

Get loan to buy Miami Beach houses for sale easily
Published by Angie Turner on May 25th 2012 | Real Estate
You surely know that buying the Miami Beach houses for sale is probably the biggest outlay that you ...
Homes for sale in Cape Coral
Published by Sam Milby on February 6th 2012 | Real Estate
Thinking about homes for sale in Cape Coral? What are the things that you need to consider before bu...
Finding properties to sale or rent in Chessington
Published by Glyn Jones on January 21st 2012 | Real Estate
An reliable and reputable estate agents makes it quite easy to find the respective properties for sa...
Condos for sale in South Beach Florida
Published by Jon Smith on May 29th 2012 | Real Estate
South Beach is well known as the party center of Miami, Florida. Here, the fun in the sun continues ...
High sale of homes expected due to first time buyers by Rics
Published by Sam Hopkins on February 28th 2012 | Finance
The Royal Institution of Chartered Surveyors had done a survey in which they reported the home price...
Best price property for sale in Mumbai
Published by Andy Wagon on February 14th 2012 | Real Estate
Owning a home is more than one can indeed serve as an investment in the future, especially if house ...
Looking for beautiful Miami beach homes for sale
Published by Angie Turner on May 25th 2012 | Real Estate
The realty business has suffered poorly at the time of recession and even after that....
Using the internet to find homes for sale in Surrey
Published by Gregory on March 9th 2012 | Real Estate
There are many people that do not know that the internet is very helpful when they are looking for r...
Some important points to know before going for a home deal via short sale choice
Published by Myles Yonel on February 7th 2012 | Real Estate
For buying residence on short sale Las Vegas Nevada or anywhere you live, you need to know a couple ...
Property for sale in Liguria and Tuscany
Published by Roy Wallis on January 16th 2012 | Real Estate
Buying a holiday home overseas has become a very popular form of investment for many people, with th...
Apartments for sale New York provide all kind of luxury and facility to its residents
Published by Jack Smith on June 25th 2012 | Real Estate
If you are going to buy home for yourselves in New York, than go for apartments for sale New York, s...
Apartment for sale Brickell add more colors to your life
Published by Israel Garcia on May 23rd 2012 | Real Estate
In Miami’s, Brickell is considered as the most prominent destination famed for tourism throughout ...
Looking for Homes for sale in Seattle?
Published by Eldwin Williams on December 21st 2011 | Real Estate
Are you trying to find new homes for sale in seattle, Washington? Real-estate in seattle are already...
Nothing Better Than for sale by owner
Published by Jim Shawn on February 6th 2012 | Real Estate
Listing in MLS with help of discount realtor can get your property the exposure it needs. Once the f...
South Davis County: homes for sale in Layton and Syracuse
Published by Meithjohn on March 20th 2012 | Real Estate
Home buying is usually a time-consuming and too much to handle adventure....
Homes for sale in Port Washington provide an option to invest, live, and enjoy
Published by Jack Smith on July 19th 2012 | Real Estate
People are coming here and getting good deals from this place. So you can invest, enjoy and live you...
Looking for cheap homes for sale in Calgary?
Published by Carroll Lewis on August 21st 2012 | Real Estate
According to Calgary real estate board, the residential sales in Calgary have shown a rapid increase...
Remarkable luxurious life: Apartments for sale NYC
Published by Jack Smith on July 28th 2012 | Real Estate
if you are planning to invest in apartments for sale NYC you just need to do complete research on th...
Aruba for sale properties can make the best home for your family
Published by Sothebysrealty Aruba on March 16th 2012 | Real Estate
Owning a house in Aruba is worth the money aid for the place and the accommodation as there are many...