Monday, July 23, 2012

Property In Noida - Price Is Rising


A research performed on the exact real estate asset costs across Delhi-NCR (National Capital Region) area by Sulekha. com has exposed the following exciting styles.


Based on an research of over 40,302 home results, the research indicates that the exact real estate asset costs have improved by a typical of 25 % across Delhi-NCR in the last one season. Noida information the greatest real estate asset rate of blowing up in the area, with a 48 % improve in costs.


This research is a comparitive review that protects qualities in Delhi, Faridabad, Ghaziabad, Higher Noida, Gurgaon and Noida such as various groups such as : homes, apartments, new and future tasks, individual homes, plots, rentals and town homes.


Key findings:


Highest real estate asset blowing up over the last one season has been registered in Noida, with a 48% improve in costs.


Gurgaon has registered the smallest blowing up in the area, at 4%.


Property cost blowing up in other areas has been as follows: Ghaziabad – 35%, Delhi – 25%, Faridabad – 22%, Higher Noida – 17%.


There has been a distinct improve of 16% in the cost of 1BHK (Bedroom, Area and Kitchen) apartments/houses across the Delhi-NCR area.


Price improve for 2BHK and 3BHK qualities has been in the variety of 5 to 6%.


Ghaziabad has the greatest option 1BHK qualities – 40% of the total supply. This is followed by Delhi with 36%.


Delhi brings in the option 2BHK and 3BHK homes (43% and 31% respectively), followed by Ghaziabad and Noida.


4BHK qualities are well and mostly allocated among Gurgaon, Noida and Delhi.


On research, considering an yearly lease blowing up of 10% on a base lease value of Rs. 25,000/- per month, the time is convenient to buy personal homes in the budget of Rs. 25-40 lakh in and around NCR.


If such a pattern lasts for a few more months, the customers can gain incredible profits on their property investment in Noida. What exactly is your take?