Commercial Real Estate in India

Posted by vcode | Kerala | Monday 24 October 2011 7:36 am


The construction scene in India has changed drastically. There has been growth in all sectors of real estate from residential complexes to shopping malls, office complexes and development of SEZ for factories and business houses.

There is a huge demand for land in all the satellite towns near the metropolitan cities. The new cities like Gurgaon, Faridabad, Greater Noida and Noida all have developed very fast and have become the part of National Capital Region. Due this there the price of property has escalated really high.

The demand for office space is huge and is still rising. Small town people are shifting to metros and want to set up office in places like Mumbai, New Delhi, Bangalore, Chennai, Hyderabad, Pune, etc. Everywhere you can see multistory buildings and skyscrapers having modern designs made of glass and steel vying with each other. Real estate market in India is on the upswing while builders in India are rapidly investing in all the parts of the country. New constructions in this field are into an all-time growth. Indian property developers are buying plots in large number for construction of townships and residential complexes.

The Indian economy is growing and the trend has been set to buy and sell properties. People are buying properties as an investment and later on selling them at profitable rate. The lucrative Indian Economy tempts people buy and sell property and even NRIs are investing in property in India. There has been a profitable trend of investing in real estate in India.

The commercial space available for rent or sale in India are very modern and have all facilities needed to run an office. There is ample parking space also given to the clients. Recently in a survey done to study the market trends for commercial property in India, it has been observed that the rising rates are prevalent in this sector as well.

Movie halls, shopping malls, corporate offices, amusement parks, recreational clubs and parks all have become very popular and even small II and III tier towns and cities are having these. It has become a great investment opportunity for real estate developers in India.

Investing in NOIDA Real Estate

Posted by vcode | Kerala,Realestate news,indian real estate blog | Monday 28 December 2009 8:45 am


NOIDA has become a hot destination for real estate developers in India. It is a planned industrial city. Its close proximity to Delhi has made it more attractive for buyers as well as sellers. Large MNCs and corporate business houses have opened. In this area and has led to growth of this region.
The demand for property has increased in NOIDA due to its close proximity to Delhi, many people are moving from Delhi to NOIDA. There is a good infrastructure like wide roads. There are many IT and ITES companies who have their operational bases and so there is development of educational institutions. There are many engineering colleges and MBA institutes that have come up in this area. The expressway between NOIDA and Greater NOIDA has also helped in escalation in real estate prices. The DND between NOIDA and Delhi has made the traffic movement very fast. With the advent of metro link from Delhi to NOIDA it has become very easy to commute from Delhi to NOIDA.

In NOIDA almost 40 per cent of the total land has been allotted for developing residential properties. There is huge demand for residential complexes having modern amenities like fitness centers, Children’s Park, Fun Park, medical aid centers, restaurants, community hall and shopping centers. Generally people prefer to buy properties in Sector 14, 15, 27, 28, 29 and 37. So in these sectors the rate of properties is higher than other sectors.
Greater NOID an extension of NOIDA also falls within the category of National Capital Region in New Delhi. It has become a hub for school and college education and you will find many engineering and management colleges in Greater Noida. It has very efficient infrastructure having wide roads and express highways. It has many malls coming up and is known to be a city of malls.
The demand for Noida real estate properties in residential and commercial sector are growing day by day. It is attracting many investors who are reaping profit in this boom.

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