Wednesday, January 21, 2015

The Real Estate Sector of Delhi-NCR will reach its Pinnacle of Glory By 2020.

Recently IMF viewed that Indian Economy will leave behind China by 2016. This will bring the huge growth of Indian Economy and great development in real estate sector of mega cities and metro cities of Indian. It is viewed by the eminent economists that in coming years the residential as well as commercial properties demand will be huge in all over India including Noida and Gurgaon. In the following lines we are going to discuss the prospect and demand of real estate projects in coming time. As the IMF viewed that Indian economy is going to emerge as the largest economy of Asia , so this kinds of prediction will not only boost the Indian Economy but also this will lead many international companies to invest in India though FDI. This kinds of move will directly cause the growth and demand of real estate sector of India.


There are many well developed economic pockets in India from Kashmir to Kanyakumari and daman to Dibrugardh. Among these the region of Delhi-NCR is quite famous and favorable as  well as most demanding destination for business and growth. It is expecting that this kinds of global scenario will certainly raise the demand of residential and commercial projects in Delhi-NCR. There are thousands of ongoing real estate projects going on in this region and due to above discussed facts all the projects either in commercial sector or residential sector are being booked day and night. There are some projects which are on high demand because of their locational advantages and attractive payment plans. This kinds of positives are compelling the middle-income group to invest in Gulshan Bellina Noida. This has some unique feature and usually these features and facilities are very rare in the residential projects of Noda. The same way many of real estate developers of Noida and Gurgaon are bringing many attractive plans in commercial developments. The concept of virtual spaces are becoming quite famous nowadays in Gurgaon and Noida time the real estate sector of Delhi-NCR will become the international destination of investment like Dubai and HOngkong. This kinds of trends will not only raise the real estate demand but also will open many venues of economic growth and prospect in the country and which will ultimately make India a developed nation. So we can say that the recent theory of IMF regarding Indian economic growth will certainly making and international environment for economic growth of India.