Tuesday, October 7, 2014

The land development projects in Delhi/NCR offer great investments as well as great houses

Although the real estate sector is facing a huge slowdown in demand, particularly in housing segment since last few years due to the high interest rates on home loans and rising property costs, the amendments and bill regarding the interest on home loans and the provisions for affordable housing for all, will surely prove to be a positive indicator for the real estate market. However, the Confederation of Real Estate Developers' Associations of India (CREDAI) is disappointed with the decision of the RBI to keep the policy rates on home loans unchanged and slash down the interest rates to boost housing demand, as in their opinion there should be a device to keep home loans inflation independent.
Apart from the policies of the RBI, the introduction of FDI, the instrumentation of REIT and many other factors drive the growth of real sector. Inspite of all the ongoing ups and downs in the real estate sector the Delhi/NCR and the Ghaziabad region continues to be a fast flourishing belt in the real estate sector. Infact, the recent reports and data show that this region has become one of the most preferred NRI investment destinations as it offers great investment opportunities with assured returns. In Noida sector 79 there are many upcoming residential projects like Mirabella, Exotica sports city, Lotus Green Sports city, Sports Wood and many others. In Noida sector 150, we have Mahagun Meadows , ACE Golf Shrine, ATS pristine, etc similarly there are many a residential properties and even ready to move flats in Crossing Republik at Mahagunpuram and Mahagun Mascot with other townships like Ajnara GEN X, Panchsheel Wellington, Assotech The Nest, Gaur Global Village and many others.
The buyers have many options for 2 BHK flats in Indirapuram and 3 BHK in Ghaziabad. These residences provide a favorable and desired living location as it possesses a good connectivity via the expressways, opportunity. It also provides a lot of job and educational opportunities as it is a major IT hub as well has many other residences and commercial complexes. This factor make these is always residences and 2 BHK flats in Indirapuram one of the most preferred living location for the corporate class. Not only the working class the elite class also finds many residential options here with the introduction of villaments and super luxurious apartments. Considering the potential of the region many developers are coming with their residential projects as well as commercial complexes for sale.
These projects although have premium prices but the aesthetics and luxuries provided by them are surely a steal at such reasonable prices. The most highlighted feature is that developers like the Mahagun India are promising timely possessions of homes and even offer many ready to move flats in Crossing Republik and other locations. Being constructed on huge areas the buildings provide green living environments and hold certification from the Indian Green Building Council (IGBC) which means they practice solutions for green and sustainable living and minimize any negative environmental implications. These homes and 3 BHK in Ghaziabad offer all the amenities as well as world class luxuries. They have contemporary architectures, great specifications, exotic designs, intricate layouts and much more to lure for. Along with the facilities the townships offer great security within their gated complexes and have smart and upgraded security system along with manual security staff. Thus along with great investments these projects also offer great houses.