Indian Realty Trends on 2013 – Greater Noida gains attention and focus of Investors
There have been a few infrastructural and financial initiatives by the government last year, which will begin to show positive impact and act as catalysts for upcoming and new launched projects in 2013. Real Estate Regulation Bill and Land Acquisition Bill, in particular, sometime in the next few quarters of 2013 will boost the sentiment of all stakeholders and herald a new order in the country’s real estate
Proposed Greater Noida Metro Rail Network, Proposed Metro Link in North-West Bangalore as well as on-going metro rail, Outer Ring Road, Extension of MRTS etc. projects in Chennai are expected to have a positive impact on the residential as well as commercial real estate sector of cities of Greater Noida, Bangalore, Chennai overall. As a preferred investment opportunity, Greater Noida will definitely emerge as leader due to its proximity and convenient connectivity with Delhi and link with Agra via world class “Yamuna Expressway“. JLL in its report on the NCR region says that areas like Dwarka Expressway, Noida Extension and Noida Expressway show huge potential for investors as well as end users. In 2013 Noida Extension and Noida Expressway will continue to generate interest as more and more IT-ITES companies shift their offices to Noida Expressway for its rental affordability when weighed against the rentals in Gurgaon, the Cyber City. Launch of High on Value and Concept projects such as Premia Corporate City will add on its value and shift of fucus to Greater Noida as Corporate-Commercial hub.
NCR Region specially Greater Noida, Noida Extension and Gurgaon has been able to successfully withstand the heat that many other areas and pockets of the NCR faced. The price sustainability and appreciation trends of the recent past, and also its relative affordability, will continue to maintain investor’s interest and confidence.
The Government seems to be serious about launching National Investment Board which will enhance infrastructure spending. The Parliament has recently approved FDI in multi-brand retail which will boost the retail realty segment initially and benefit developers as well as consumers.
Related articles
- Commercial Real Estate Projects in Noida-Greater Noida (ashugaur.wordpress.com)
- Premia Corporate City at Greater Noida sets benchmarks for Indian Commercial Real Estate Projects (ashugaur.wordpress.com)
- Premia Corporate City – Time to Think beyond Corporate Park, Corporate Towers and Business Parks (ashugaur.wordpress.com)
- Real estate noida (slideshare.net)
- Premia Corporate City sets benchmark and new dimensions to Indian Real Estate (ashugaur.wordpress.com)
- Premia Corporate City by Premia Projects Ltd enters City of Taj Mahal, Agra (ashugaur.wordpress.com)
- MONEY MAIL: Where to buy a house in 2013 that will gain in value in the next three to five years (dailymail.co.uk)
