Upcoming Projects 2006
The rates for the residential upcoming projects in Delhi NCR clearly depict the following facts:
There area many established national builders like TDI, Omaxe, DLF, Ansals, Parasvanath, Unitech as well as some of the new entrants like Dynamic in the real estate industry foraying into the suburbs like Greater Noida, Kundli and Rudrapur.
Same as the commercial projects, the rates of the residential projects also depend on the factors like the location of the project, commercial viability i.e. existence of any mall or multiplex in the vicinity of the residential project will certainly lead to increased demand of that place thus resulting in higher rates. For instance residential property rates in South Delhi are higher as comparison to other places due to the development in this area and close proximity to place like Gurgaon.
The accessibility and the approach of a place is one of the major factors. Introduction and expansion of Metro routes has certainly played a vital role in the appreciation of property rates.
There is a wide variety in residential upcoming projects ranging from the investment, total built-up area, facilities provided by the builders like attached servant quarter, furnished or fully furnished flats, penthouses etc to name a few, number of towers in the project and number of floors in one tower, the payment plan, etc.
Rate of Properties (in INR, per sq.ft.)
32000 30000 22000 20000 18000 16000 14000
Residential and Commercial Upcoming Projects in Delhi NCR
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