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Wednesday, November 27, 2013

Better Property Investment Strategy in NCR

Wave Infratech - Property Investment
The NCR region has emerged as the most favored location amongst Indians to fix their abodes. This has led to a boom in the real estate industry, not only in Delhi but in Noida and Gurgaon as well. Residential projects such as Wave City are especially attracting a flock of customers from all across the nation and abroad. More and more people are interested in buying a property here not only for residing and personal use but with investment perspective as well. The shooting property prices have caught the attention of first time home buyers and professional investors alike. Thus if you are also looking forward to buying a property in NCR, then go for a medium accommodation in Noida and premium housing in Gurgaon.

This is not a mere statement but a statistically supported fact that Gurgaon is a better choice from investment point of view, if you plan to go for villas and premier housing options. The investment advisors are predicting that the current market trends will continue to support real estate industry in NCR for the next decade and yet more projects like wave city will commence. The Gurgaon belt has seen a heavy appreciation in property prices, and the greatest rise has been recorded in expensive housings. The villas and sky-villas have logged a rise of 44% approximately, if the data past few years is analyzed; and this trend is likely to go on.

However if you are looking for budget housing options then projects like wave city NH24, Wave City Center-Noida, Spring Meadows are good for you. These offer medium housing options with luxury living at affordable prices. It is because of such projects that real estate industry in Noida saw massive growth. The price hike in Noida has seen a huge variation between 5 to 19% out of which 19% is accountable to the price rise of medium houses and 5% to expensive houses.

Thus property investment in NCR is a win-win deal allover but premium housing in Gurgaon and mediocre houses in Noida can be especially profitable. I personally trusted these trends and have invested in Wave City NH24 in a medium apartment, and I am keeping my fingers crossed so that it pays me off well.

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