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Wednesday, February 26, 2014

Real estate segment on the path to change

The National Capital Region (NCR) is among the most favorite property investment destinations in the India. Noida Extension and Greater Noida along the Taj Expressway are locations attraction considering for price-sensitive home buyers. The Noida Expressway area offers a slightly higher price range for real estate Ghaziabad, with important ready-to-move-in units coming into the market this year. Gurgaon’s Southern border Road offers more luxurious apartment house options, while the Golf Course Road and regions in the region of it are a recognized high-end market. Faridabad’s Naharpar is a reasonably priced housing location, pending Metro connectivity from Badarpur, which is slated to begin operations later this year. Reasonably a few under-construction apartment options are accessible in Ghaziabad’s Rajnagar Extension area and beside National Highway 24 too. For investors with a long-term possibility, the Dwarka Expressway offers options from most major nationwide developers.
 
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Commercial space Ghaziabad projects offer many investment option in the marketable segment — office buildings, IT SEZs, mixed-use improvement — with rental yields in the range of 9-10 per cent. Moving in front, along National Highway 8, there are manufacturing or warehousing investment options beside the Pataudi-Bilaspur-Taru stretch. Industrial space asset options are also on offer at the other end of Ghaziabad.
 
The New Year, on the other hand, offers a twinkle of hope as signs of a global revival are on the horizon. Interest rates are likely to be constant and, as developers focus on liquidity instead of earnings, home buyers can look forward to improved deals. Markets like Pune, Bangalore and Chennai will suggest good investment opportunities for those looking at a price group of Rs. 50 lakh to Rs. 75 lakh. Rajnagar extension is the main commercial space Ghaziabad. The three cities are situate to witness a bounty of extra-large projects in 2014 including heliport, metro expansion, NMRC (Noida metro rail corporation) development, two new affordable accommodation projects, a state-of-the-art STP, a government inter-college for girls, building orders for a medical university, a single bed district hospital with trauma centre at City Center and sector 94 connection, a multi-level parking space able of cooperative 3,000 cars in sector 18, Night Safari and civic center etc.
 
The infrastructural industrial community is expected to attract private sector investments of over Rs. 33,000 crore over a 30-year era and generate significant employment in Ghaziabad. It is also projected to lead to a multiplier effect in each of the objective industry sectors, counting backward and forward linkages with other sectors of the financial system.

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