Real Estate in NCR

National Capital Region (NCR) comprises of the following areas:

1. New Delhi

2. Gurgaon

3. Noida & Greater Noida

4. Faridabad

5. Ghaziabad

Real Estate in NCR is much in demand nowadays. Because of the constant development and growth of these region the property or real estate in NCR are being demanded by mass audience. The purpose of this high demand is to utilize the property either for residential or for commercial purpose.

Property value of New Delhi- areas like Vasant Viahr, Green Park, Defence Colony, New Friends Colony, South Extension, Connaught Place, Lodhi Colony, Karol Bagh, Rajouri Garden, Dwarka, Janak Puri, Nehru Place, C.R. Park, Gulmohar Park, Greater Kailash etch are having skyscraping price of property. For example rental value of 2BHK in Vasant Vihar starts from Rs. 18,000/- onward; and buying value of 2BHK starts from Rs. 35 lacs. Similarly the minimum cost of 2BHK in Dwarka is Rs.26 lacs onward and varies as per the location and availability of property.

Property in Noida & Greater Noida – because of constant development these locations are having very high demand of its property after the national capital i.e. Delhi. since this area is very close to East and South Delhi and beautifully constructed, having good infrastructure, starting of Metro connecting different locations of Delhi to Noida. Thus because of having all these facilities the property value has started rising continuously for residential apartments/flats/plots or for commercial units/sectors. Property value starts from Rs. 25 Lacs onward.

Property in Gurgaon- Areas like DLF City, HUDA city, Udhyoug Vihar etc. are known as posh zones because of having high demand of property. Presence of national highways, connectivity through Metro reaching Delhi, closeness of Airport and other facilities are the main reason for this skyscraping cost of property. Property value starts from Rs. 26 lacs onward and varies as per the preferred location.

Property in Faridabad – since it having closeness with South Delhi and Gurgaon this city is highly demanded for the purpose of residential or commercial place: Faridabad is having good infrastructure, very soon will be connected through Metro, and having all the required facilities. The cost of property starts from Rs. 20 lacs onwards.

Property in Ghaziabad – last but not least the demand of this place is again very high because of improved infrastructure and other facilities. Cost of the property starts from Rs. 20 lacs onward.

Hence the improved demand of real estate in NCR has resulted to high cost of property that is increasing constantly.