Saturday 10 November 2012

Trend of Noida Real Estate Property in India

Now a day's Indian mtero cities has became commercial places and within a short period these cities has got vast development with huge market in the order of the presenting large opportunities. These cities are attracting people from different places of the country and also from the world and providing a great amount of trade. Metro cities citizens enclose turn out to be passionate to shopping in enormous malls, and as it is said, achievement of one development leads to the opening of one more, so has happen to the practice of the retail industry. The victory and attractiveness of one mall gives origin to a different and as a result on.

From past few years NOIDA has became more popular and it has been changing a lot continuously according to its structure. NOIDA is one of the most emerging cities in India and the development is growing rapidly. NOIDA properties will available within the budget of individuals where Delhi property rates are sky touching. Once can find many of well developed residential apartments, flats, houses and commercial properties which are available up to sale property in NOIDA.

For the most part of the major cities extremely becoming populated and people are starting to move to another new and emerging city which are having well planned and organized townships with the latest infrastructure and techniques. NOIDA is one of the emerging city with having such a township situated in NCR and it has became the preferred destination among the people who want to buy or rent a property in NOIDA. By seeing some 2BHk apartment rental value in some places we can get an idea of the property value. In Sector 11-15A the rental value will be from RS.8000 to RS.50000 and sector 17-23 the rental value will be around RS.9000 to RS.13000 per month. When coming to sector 26-33 the rental value will be Rs. 9500 to 15000 and sector 34-40 the rental value will be approximately around RS.10000 to RS.25000 per month.

When coming to commercial properties the demand is very high apart from residential properties and many of are looking forward to establish their offices and business in the city and those commercial properties for sale are available in NOIDA. NOIDA is emerging as the IT hub and has becoming the main operational center which leads to raise the demand of office spaces. The analysis of the NOIDA property value made by the real estate experts the resale value of the property will ranges from RS.2500 to 18000/- per sq ft and the rental value will be RS.75 to 300/- per sq ft. according to the analysis the commercial property cost will be around RS.8000 to 17000/- per sq ft and the rental value will range between RS.80 to 150/- per sq ft. these values may vary as per different sectors.

Now NOIDA has became one of the most demanding destination for the people who are looking for a properties in india.

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