The Future of Real Estate Market In NCR

NCR has always been in news for its unsurpassed residential real estate development and the investors are here to stay. As of past few years, Noida as well as Ghaziabad have gained greater significance in residential homes sector. Both the upcoming cities now possess superb connectivity besides a vastly improved infrastructure. It is the result of these factors that both Noida as well as Ghaziabad are fast becoming the preferred choice of the home buyers who prefer cheaper homes with a good comfort level.

The major players in the real estate sector have sensed a huge opportunity of the level of growth and are quite optimistic of the future of the market. There is a range of options available in each section, be it apartments, a residential colony, villas or condominiums. To reach out to each section of the society a range of home options are available varying from affordable to luxury options. The projects are ensured to be delivered on time to gain greater customer trust. There are several residential projects coming up in the different sectors of Noida as well as Ghaziabad. Noida Extension too has developed in terms of infrastructure with increased real estate investment. 

Noida overall has witnessed a vast improvement in its infrastructure and at least a couple of residential projects involving 1, 2 and 3 BHK flats in Noida Extension are already underway. These projects, including the Gulshan Ikebana project are nearing completion and will be delivered most probably by this year. The home buyers can choose between the affordable and the luxury options. Noida which has been the hub of increased industrial activity has benefitted greatly from the initiatives of the property developers. The connectivity of the city is at its best with increased rail, road and air facilities. In a Real estate scenario where the prices are seeing an upward trend, Noida is becoming an excellent choice for settling down.

Almost similar is the real estate market in Ghaziabad. Ghaziabad is a city in the process of development and hence the prices here are comparatively reasonable than in Delhi, the national capital. Due to its proximity with Delhi and Noida, it is easy for working class to commute up and down. Projects offering cheaper flats in Indirapuram, the outer location of Ghaziabad have been a boon for the middle class section of the society in the current situation where it is becoming increasingly difficult to find a good home option in a reasonable budget in NCR. With the increasing number of residential options, the situation is now such that the customer is spoilt for choices.

Seeing the current situation, all we can say that the current market is conducive to buy affordable homes in Gulshan Bellina with a manageable budget.