Emerging,Contender,NCR,Real,Es business, insurance Emerging Contender in NCR Real Estate Market Noida
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Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 Thereis increased buoyancy in the market after the arrival of the new government,after the budget has set the ball rolling for the actual estate sector. Withthe allocation of more money for affordable housing, easing of FDI norms,implementation of REITs & the special focus on infrastructure development,the government has made it clear that in order to push economic growth, aspecial focus on infrastructure & actual estate development is pivotal.Asland is a prerequisite for any kind of development, Noida and Gurgaon are thelogical answers to the burgeoning need for housing in Delhi NCR. In terms ofstock, Noida and Gurgaon have more options than any other city in the NCR. Theseareas are consequently expanding & growing, & expansion opensopportunities for further growth in actual estate. It is for this reason thatthese cities have now got mature actual estate markets for different sets ofbuyers & investors.Whatfavors investors entering Noida is the lower pricing factor, which nowpromises better appreciation & returns on investments. The real estatemarket in Gurgaon has now crystallized into more favorable for buyers in thepremium segment.Withthe fast-paced development of infrastructure in Noida and its vicinity, actualestate growth has picked up over the past few years. There has beenannouncement for lots of new such projects as well, which has had a positiveeffect on the actual estate market. Property in GurgaonTheproposed extension of the Dwarka-Noida City Middle to Pari Chowk will givedirect connectivity to Delhi and other NCR areas, and the project is expectedto complete by 2021. The Noida Metro Rail Corporation (NMRC) has got thenecessary approvals for the 29 kilometer-long Noida-Greater Noida Metro link fromthe state government, as well. Simultaneously, the Greater Noida IndustrialDevelopment Authority (GNIDA) has designs to set up its own power plant, whichwill provide uninterrupted power supply to the region.Though Noida is known for its affordablehousing projects, there are numerous luxury projects underway as well as in thepipeline in Noida and its adjoining areas.Withlovely infrastructure, metro connectivity and lovely road network, actualestate development in the Noida regions is picking up quickly. This isimportant, since infrastructure development is the primary draw for buyers andinvestors into this area. Upcoming major projects like the Export PromotionZones and Taj Economic Zone along the Yamuna Expressway are likely to push theeconomic development of this region, consequently giving an additional boost toactual estate development.Infact, the positive response from buyers & investors in Noida has now madethis the preferred location for launching new projects & expeditingexisting ones. All in all, Noida is beginning to emerge as the brighteststars in Delhi NCR actual estate. /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-qformat:yes;mso-style-parent:"";mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin:0cm;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:"Calibri","sans-serif";mso-bidi-font-family:"Times New Roman";}
Emerging,Contender,NCR,Real,Es