Friday, February 6, 2015

Election Fever Brings Pause in Real Estate Market of Delhi-NCR.



As the season of election is going on in Delhi and almost major political parties of country are fighting. At the same time some newly constituted and regional parties are also busy in campaigning. These kinds of campaigning of political parties and major involvement of people and government authorities have brought the big pause in major commercial and economic activities. The real estate market of Noida and Gurgaon are largely affected by this. Because of the involvement of newly constituted party in Delhi assembly election the politics of Delhi became interesting and many people of India as well as abroad giving their attention on Delhi poll. The second most important thing is that the media houses are covering the almost all developments way promotions of real estate projects are largely affected by this kinds of shifting of attention.
As we all know election process affect the things for short period of time and it is hoping that after the formation of new government in Delhi will bring back the real estate market of Delhi-ncr on its track. It is important to mention that inspite of election and campaigning processes, there are some real estate projects  which are maintaining  high demand among the investors and these projects are aptly located at Noida , Noida Expressway and Noida Extension. Lotus Green Sports City and other several ongoing  residential projects are getting hundred of enquiries everyday. The property experts of Delhi-NCR are of the view that those projects of Delhi-NCR are getting high inquiries are unique and best projects of Gurgaon and Noida. The intention of buyers is to get the best project and the hidden fear of not getting desired projects compel them to enquiries the projects.

It is hoping that after the election and government formation in Delhi, the real estate market of Delhi-NCR will reach on its highest level and which will lead the more demand and will also attract  many investors. At the same time it is also important to say that the stable government will also bring new heights in business and industries. Which will ultimately lead the great demand of new real estate in residential and commercial sectors.