Wednesday, June 9, 2010

Now NCR Property in India is Favorable

Income structure of working employees has improved at a very high rate with the arrival of various multinational companies, BPO, IT sectors etc and their establishment in all major cities. With this accelerated income it has become easy to make savings and at the same time they can think to invest in property or to buy houses in Delhi or NCRs. Out national capital i.e. Delhi is very much crowded and it is hard to find any place unoccupied, and most of the areas are very much congested and their property rates are skyscraping. With the development of this city i.e. Delhi, connectivity of metro in almost all areas, better and improved infrastructure etc have added more reason to elevate the property rates.

As a result people who think to buy property in Delhi do not have sufficient or affordable budget to avail the same consequently they opt to have house in national capital regions i.e. Noida, Faridabad, Ghaziabad, Gurgaon etc because property price in NCRs are lower as compare to Delhi or is not very much crowded as Delhi. Noida, Faridabad, Gurgaon and Ghaziabad are very much close to Delhi and people who are working in Delhi can easily travel to these NCRs. In addition to this property in national capital regions is easily affordable. Presence of various renowned builders and real estate companies have added more value in demand of these locations, as they are coming up with lots of residential & commercial projects which are being designed in striking and comfortable manner.

Apart of residential units, demand of commercial places is also in high demand. NCR like Gurgaon is full with commercial places and price of available 2BHK residential apartment starts from Rs. 60 lacs onward. Noida is a mixture of residential and commercial places and it is comparatively have lower property rates. Ghaziabad especially Indrapuram is developed very well with full of residential places all around and all those buildings are constructed by renowned builders i.e. Amrapali, Supertech, Gaur etc. Thus one can have affordable residential or commercial NCR property in India which are completely developed and have good infrastructure.get details about New projects in noida.

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