Improving infrastructure of metro cities in India is giving an exponential rise to the property market and its value. The evaluation of property prices mentioned below is given according to the infrastructure of metros in India
1. DELHI & NCR Real Estate
Development of infrastructure in Delhi is providing right of entry to places where even now people produce two first-class crops on an annual basis.
Delhi Metro: Metro connection in Dwarka, a region of west Delhi, has set the price in motion by about 70 per cent and a further increase of 20-30 per cent is expected by the end of 2008, especially in sectors 2, 5, 8, 9, 10, 11, 12, 13 and 14. The eastern part, adjacent to Noida, which will get connected by the end of 2009, according to the statement of government officials, is witnessing shooting up of property prices along the Metro. Sectors, which will accommodate Metro stations - 15, 16, 18, 32 (city centre), the botanical garden and the golf course - are expected to see a rise of nearly 25-30 per cent.
Taj Expressway: The road that connects Noida to Agra will reroute traffic approaching from the south and going north and north-west from going through the city. After the completion of work on this project, prices have gone up from Rs 2,000-2,500 per sq. ft. to Rs 2,500-4,000 per sq. ft. in Greater Noida.
Now the price is expected to go up by 30-35 per cent. In the mean time, Greater Noida is not behind to witness a rise of population from 1, 50,000 to 4, 00,000 by the coming year. In addition, developers like the Ansals, Eldeco and Unitech are coming up with a number of residential projects there.
NH8 Expressway: The completion of this project, which links Dhaula Kuan in Delhi with Gurgaon, has given a huge rise in property prices near it and surrounding areas of the Expressway.
2. MUMBAI Real Estate
Trans Harbour Link: An ambitious project linking Uran with Shivri across the harbor will become operational by the end of 2015. This project is expected to push up the property price in mumbai by 30-40 per cent in southern part of Mumbai, eastern suburbs and the SEZs planned around the area.
Mumbai Metro: The link connecting Versova to Ghatkopar will give a rise in property prices by 40-50 per cent in some areas.
3. BANGALORE Real Estate
Outer Ring Road: At present, the prices are set between Rs 3,000-3,500 per sq ft on the Outer Ring Road that connects KR Puram to Hosur Road. The price is expected to shoot up be 15-20 per cent.
Airport: This project in Devanahalli, in the northern region, is to be completed by the end of this year. The prices there are pegged at Rs 2,000 per sq ft now. In the next two to three years, a rise to Rs 3,500-4,500 per sq ft is predictable.
Martinez is currently working as an expert author for Real Estate Development in India. He writes for real estate and real estate related matters like Real estate growth, Real estate guide, Real estate companies, Commercial Real Estate and provides advices on such issues. For more details information on Real estate investors, Real estate jobs, Real estate agencies, property in india.
Article Source: http://EzineArticles.com/1578396
1. DELHI & NCR Real Estate
Development of infrastructure in Delhi is providing right of entry to places where even now people produce two first-class crops on an annual basis.
Delhi Metro: Metro connection in Dwarka, a region of west Delhi, has set the price in motion by about 70 per cent and a further increase of 20-30 per cent is expected by the end of 2008, especially in sectors 2, 5, 8, 9, 10, 11, 12, 13 and 14. The eastern part, adjacent to Noida, which will get connected by the end of 2009, according to the statement of government officials, is witnessing shooting up of property prices along the Metro. Sectors, which will accommodate Metro stations - 15, 16, 18, 32 (city centre), the botanical garden and the golf course - are expected to see a rise of nearly 25-30 per cent.
Taj Expressway: The road that connects Noida to Agra will reroute traffic approaching from the south and going north and north-west from going through the city. After the completion of work on this project, prices have gone up from Rs 2,000-2,500 per sq. ft. to Rs 2,500-4,000 per sq. ft. in Greater Noida.
Now the price is expected to go up by 30-35 per cent. In the mean time, Greater Noida is not behind to witness a rise of population from 1, 50,000 to 4, 00,000 by the coming year. In addition, developers like the Ansals, Eldeco and Unitech are coming up with a number of residential projects there.
NH8 Expressway: The completion of this project, which links Dhaula Kuan in Delhi with Gurgaon, has given a huge rise in property prices near it and surrounding areas of the Expressway.
2. MUMBAI Real Estate
Trans Harbour Link: An ambitious project linking Uran with Shivri across the harbor will become operational by the end of 2015. This project is expected to push up the property price in mumbai by 30-40 per cent in southern part of Mumbai, eastern suburbs and the SEZs planned around the area.
Mumbai Metro: The link connecting Versova to Ghatkopar will give a rise in property prices by 40-50 per cent in some areas.
3. BANGALORE Real Estate
Outer Ring Road: At present, the prices are set between Rs 3,000-3,500 per sq ft on the Outer Ring Road that connects KR Puram to Hosur Road. The price is expected to shoot up be 15-20 per cent.
Airport: This project in Devanahalli, in the northern region, is to be completed by the end of this year. The prices there are pegged at Rs 2,000 per sq ft now. In the next two to three years, a rise to Rs 3,500-4,500 per sq ft is predictable.
Martinez is currently working as an expert author for Real Estate Development in India. He writes for real estate and real estate related matters like Real estate growth, Real estate guide, Real estate companies, Commercial Real Estate and provides advices on such issues. For more details information on Real estate investors, Real estate jobs, Real estate agencies, property in india.
Article Source: http://EzineArticles.com/1578396
This comment has been removed by the author.
ReplyDeleteI am staying in Ajnara flats in Noida from last 5 years and they are providing best facilities not for only this project but for their every project. The area and society is great and extremely excellent. The whole construction process is really fine and attractive. People should invest in ajnara as they are the best builders.
ReplyDeleteDwarka sub-city delhi is gaining popularity day by day, the best part of property in dwarka is its near by IGI airport so you can get whereby international and domestic flight easily, even dwarka is near to gurgaon which is a IT hub, and if somebody work there so it's beneficial you can reach at your work place in few minutes without any hassle and dwarka is surrounding by greenery as well which is good for nature lovers. You can get 2 bhk for rent in dwarka easily with the help of real estate agents.
ReplyDeleteI truly appreciate the time and effort you have put into this article.Good work.
ReplyDeleteCodename Rare Gem
Lodha Amara
Lodha Casa Royale