Noida has the real estate market, that the correction has been performed, and Mumbai was the last in line. Both have recovered after the introduction of recovery plans and direct action by the government in restructuring the debt, has avoided the other impacts on the Indian sector. Moreover, these two markets has certainly reached the ground.
Closer to the households in the real estate market in Noida are the prices of residential properties are essentially determined by the situation. Lateens area is a chic resort preferred among the upper classes. Residential real estate in this area is selling like hot cakes, but the price is staggering. Given the importance of owning a home in this area, people prefer not to part with their residential assets. It is rare to find a property for sale in this area. As the demand for real estate in this area is high, with limited supply, it is natural for prices to exorbitant. Houses and commercial area Lateens top politicians, bureaucrats and business tycoons with deep pockets. The prices in this area, never a drop due to the upscale neighborhood, the historic significance of the place, well-developed infrastructure and municipal services. Owning a house in the area affected Lateens high status in society.
So we welcome the formation of a bubble in Indian real estate? It is possible, but only in the cities, where prices actually rose on accessibility in the air. It can be argued that this is done almost everywhere in the country, but the fact is that local people are still buying property in an as-needed basis in most Level II and III cities. The supply in most of these cities is limited, more or cut. So when we talk about the possibility of a bubble, you can really only talk about real estate in Mumbai and Delhi now.
During the recovery phase, large amounts of capital sitting on the fence immediately saw an opportunity. This was the first he saw the stock market, and then later in real estate and gold commodity markets – all three classes to revert to a convincing and Mumbai and Delhi in the property market throughout much of a comeback.
It is a place where you will see that all schools and high schools in accordance with international standards modeled. In fact, medical sites, commercial, institutional, residential and entertainment match with international levels and provide a classy look.
Greater Noida offers immense potential, more and more investors to invest their capital in the personal and professional interests of the place to get. You can add, land area, are also very affordable. And knowing that this place may be the next target, it is definitely worth the investment in areas away from residential areas near the highway and the golf course. The plot sizes in the Sigma and Eta-sector, Chi Phi at the Expressway and Swarn Nagri extend from 200-1000 square meters.