The Rail budget of financial year 2015-2016 is unique in
many way. For the first time in India Railway history, rail budget completely
focused on services and amenities up-gradation. Considering this point many of
the real estate experts became happy and very hopeful to the real estate market
of Delhi-NCR. As the Rail Minister has proposed to spend more than one lakhs
cores rupees in coming 5-years. In the following lines we are going to discuss
extensively how this budget of Railway would benefit the real estate sector of mega cities
including Noida and Gurgaon.
As we all know Indian Railway takes services from many auxiliary
industries and these industries are largely concentrated in the northern part
of India. The business and development of these companies are largely governed
from Delhi-NCR region. When these companies will grow to deliver the services
and orders to Railways, it will require more human support including skilled laborers
and many MNCs . It will create huge employment and those newly appointed personals
and staffs would requires more residential apartment in Delhi-NCR. Considering
this many real estate developers are going to launch residential projects in
Noida Beside this many ongoing projects in Noida maintaining high demand in
this region. Migsun Ultimo is still maintaining the place among favorite lists
of real estate investors. This projects is very famous among middle-class
Indians. There are many aspects which support this project and making this
project an incredible project. In the following lines we are going to discuss
some of the extra-ordinary feature of this projects. This project has excellent
location and well connected metro station. The high-rise towers of this project
is blessed with panoramic view of lush green adjacent landscape.
So, we can say that Rail Budget of 2015-2016 will not only
bring the prosperity in Railway but also it will bring ultimate prosperity in real
estate sector of Delhi Noida and Gurgaon. Beside this Rail Budget strengthen
the BSE sensex which is great news for the industrial and commercial growth in
India. This kinds of positive aspects favors the foreign investment in India
which will bring the new horizon in the residential and commercial projects of
Noida.
