Monthly Archives: September 2014
The capital and its suburbs have always been country’s one of the robust realty markets in the country. The demand of mid-segment housing has significantly increased. The luxury residential sector has lately witnessed a slight market drop. This has lead to a slump in the economy. Subsequently, buying a home is a distant dream for many buyers.
The residential sector of Delhi NCR is moving towards affordable houses in upcoming locations. It includes residential projects in Noida, Greater Noida and Ghaziabad. The real estate developers are constructing innovative and robust infrastructure in tier 2 and tier 3 cities.
The demand of homes has increased and changed drastically from low-rise plot development to high-rise apartments and complexes. Builders in Noida and Greater Noida have introduced a diverse range of affordable projects that boast prime locations and greenery. These housing societies have been developed with privileges such as sports club, gym, spa, swimming pool, amusement park, gardens, covered parking space and health club.
Mohan Nagar and Noida Extension are becoming a hub for newly launched residential projects. These projects are perfect for those with limited means. This area offers good connectivity by bus and proposed metro stations to Delhi. The residential area is a perfect combination of high end living surrounded by lush greenery.
The property of Ghaziabad thrives along two national highways NH-24 and NH-58. The new residential projects are rising because of proximity, innovative infrastructures and excellent connectivity to Delhi NCR. The metro rail project of Delhi government has been already appended a boost in the connectivity and the junction Anand vihar has already boost the mobility.
Commercial and residential projects are rising in the region includes Mohan Nagar, Indirapuram, NH-24, Vaishali, Vasundhara and Kaushambi. A well-planned infrastructure and affordable rates of realty draws the attention of buyers. Two national highways thrives the interest of buyers and turns the city from dusty to high demand. A flyover at Mohan Nagar, Ghazipur Chowk and a residential zone at Raj Nagar Extension are connected to NH-58. Hence; it becomes a preferred destination for buyers.
Delhi is becoming unaffordable for common man so, the end users and investors are moving towards Ghaziabad. Raj Nagar Extension has a sufficient land for construction in affordable rates. All these factors make the Ghaziabad the most demanding realty spot for buyers. The options of 2, 3 and 4 bedrooms are ready to use or under construction in the reasonable rates depending on the location and available amenities.