Blogs
Are We Returning Back on Track? The Real Estate Growth is Awaiting
28 Mar 2019 | 5 min read
Property market witnessed the highest inflow of funds in 2018 since the last 10 years
In light of the constructive initiatives of the Government, there will be more inflow of funds in the realty sector. As per a recent Economic Times report, in the next 3-4 years, there will be incurred interest of global investors, and there will be more inflow of global funds here. Asian funds like Ascendas Signbridge, GIC, and Temasek are increasing their direct investments. Other funds that are active in the real estate include Canada’s Brookefield Asset Management, Japan’s Mitsubishi, American Fund Managers Blackstone, and KKR, QIA of west Asia to name a few. Affordable housing is the next engine of growth in India. There will be a significant investment in the affordable housing and consumers are getting benefit under Pradhan Mantri Awas Yojana.
The positive sentiment is likely to impact the consumers demand positively. The end user will explore options in terms of residential and commercial properties. To help consumers, here we present the capital values per sq. ft. price of top mid segment localities in NCR
Delhi
|
Lajpat Nagar 2 |
₹ 8900-15030 |
|
Moti Nagar |
₹ 10270-13470 |
|
Model Town |
₹ 8990-14470 |
|
Kalkaji |
₹ 8465-14875 |
|
Pitampura |
₹ 8565-14510 |
|
Vivek Vihar |
₹ 9090-13780 |
|
Jhilmil Colony |
₹ 8890-13930 |
|
Lajpat Nagar I |
₹ 8110-13780 |
|
Shalimar Bagh |
₹ 7930-13520 |
|
Patparganj |
₹ 8380-13015 |
Gurgaon
|
Sector 48 |
₹ 6185-9750 |
|
Sector 47 |
₹ 6175-9745 |
|
Sector 61 |
₹ 7150-9220 |
|
Sector 62 |
₹ 7330-9400 |
|
Sector 50 |
₹ 6030-9230 |
|
Malibu Town |
₹ 5780-9410 |
|
Sector 72 |
₹ 6210-8970 |
|
Sector 49 |
₹ 6090-8950 |
|
Sector 65 |
₹ 7220-10380 |
Faridabad
|
Sector 77 |
₹ 2539-3753 |
|
Sector 47 |
₹ 2869-3970 |
|
Sector 61 |
₹ 2732-4297 |
|
Sector 62 |
₹ 2803-4069 |
|
Sector 50 |
₹ 6181-9563 |
Noida/Greater Noida
|
Sector 119 |
₹ 2539-3753 |
|
NH 24 |
₹ 2869-3970 |
|
Sector 62 |
₹ 2732-4297 |
|
Sector 120 |
₹ 2803-4069 |
|
Sector 78 |
₹ 6181-9563 |
|
Kendriya Vihar 2 |
₹ 4780-5660 |
|
Sector 77 |
₹ 4630-6130 |
|
Sector 62 Block B |
₹ 4450-5960 |
|
Pi 2 |
₹ 2640-3760 |
|
Chi 5 |
₹ 3150-4100 |
|
Pari Chowk |
₹ 3320-5370 |
|
Alpha 1 |
₹ 3890-4710 |
Ghaziabad
|
Vaishali |
₹ 4205-6065 |
|
Vaishali Sector 3 |
₹ 4275-5810 |
|
Ahinsa Khand |
₹ 4000-6500 |
|
Vaibhav Khand |
₹ 4140-5990 |
|
Abhay Khand |
₹ 4190-5960 |
|
Shipra Suncity |
₹ 4380-5890 |
Gurgaon has ruled the NCR real estate market for over a decade, now Noida is expected to become its strong competitor in coming years. The extensive metro line to Noida Electronic City via Noida sector 62 and coming airport in Jewar will be a key point is the region’s development. The Airport at Jewar is likely to cater to 5 crore passengers. Should you have any queries or comments, feel free to reply here.
Image Source- The Financial Express