India is going to make history in the field of economic
growth and social prosperity . There are
many areas of economy which are being primarily focused in this new governments
5-years economic plans. Those areas which are primarily focused – education ,
health , industrial development , longevity and real estate & infrastructural
development. The field of real estate and infrastructural development is very
important and back-bone for economic growth and prosperity of the country. In
the following lines we are going to discuss the challenges and other benefits
of real estate and infrastructural development in mega cities including
delhi-ncr.
The region of delhi-ncr is one of the most important and
leading region in terms of real estate and infrastructural development . Each
and every aspect of economy are well connected to each other and one aspect
always influences the others , the same will be applicable all over India and
the same will be proved in global aspects. As India is one of the fastest
growing economy of the world so India is getting opportunities to float her indigenous
technologies and products into the global market. The raising world economy and
economic competitions are making India a fine destination for international
companies and big brands . Due to lack of international infrastructural development in all parts of India, only a few
pockets are being getting the concentrations of multi-national companies and fortunately
delhi- ncr is one of the prime destination for international investors as well
as companies. These kinds of economic development gave rise to high end demand
of residential projects in Noida , Gurgaon , Faridabad, Kundali and other
outskirt regions. The regions of Noida Extension is one of the fastest growing
residential landscape and this mega region. Gaur Saundaryam is known for her
luxury and location. This projects is on high demand among corporates.
From the above discussion we can say that India would definitely
achieve the target of 8.5% in economic growth. Some of the experts are of the
view if India will be able to chase the growth rate of 8.5 percent per annum
then delhi-ncr will surpass Dubai in coming five years . As well as if the same
kind of trend will sustained for coming next 10 years then India will be the
super power of this universe.