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Expansion of NCR to relieve pressure from residentialproject

by deepika

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Since the time the news has come out about the extension of NCR, a new excitement has been noticed amidst investors and buyers. All those who were taking a step back due to rising prices of the property in Noida and Gurgaon have got another opportunity to find their dream home once again. The addition of Bhiwani, Mahendragarh and Bharatpur has double the enthusiasm in the investors as these are newly invented areas and property rates will be accordingly low which will make investment play a high time game in Indian Realty Street.

As far as existing areas are concerned, Noida and Gurgaon are defining the newer living style with a better sense of understanding the needs of young buyer and their aspirations. Well known builders and developers are coming up with their new residential projects in Noida giving a stiff competition to Gurgaon and major realty hubs of the National Capital.

No matter wherever the NCR gets extended to, the fact remains the location accessibility and commutation conveniences which Noida and Gurgaon can offer, no other area can even match that flexibility. The range of amenities and facilities which are available in Noida, Noida expressway or Greater Noida are the ones which are comparable to great International standards and lifestyle hubs. With ample greenery and independent spaces reserved for each of the planes, the maximization of reserved area that is – Lobby, Balcony or Corridor is quite prudent.

Noida is next to commercial areas of NCR where the majority of the professionals are employed in the National capital. This is what which will always drive the demands of residential flats in Noida high and strong year after year. Although the newer areas will be attracting investment in the first few years and later nearby Industrial units will be fetching employers to settle in closer by location. This is the time of Noida and Gurgaon where serious buyers can actually invest in the properties here and find the best of the deals for their immediate need. Except Bhiwani, neither of the area is industrially developed. These days property dealers in Noida are getting potential queries from the buyers regarding studio apartments or 2BHK apartments especially areas near to the IT establishments in Greater Noida. This demand is currently catered under the big brands which are offering luxury units starting at Rs. 45 lacs but very soon affordable housings will also be available here making shelter easy to budget for everyone.

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