RCG School of Infrastructure Design and Management, Indian Institute of Technology, Kharagpur, India
Online published on 11 August, 2014.
The real estate market of Delhi National Capital Region (Delhi NCR) has shown a tremendous growth in the past, credit goes to its surrounding areas which act as a major support to the Core city when it comes to infrastructure potentials. This boom in the reality market is experienced by each of the segments, may it be residential, commercial or retail. These surrounding areas generally referred to as suburbs hold massive parcel of lands available for further development, which turns out to be an additional advantage in this extreme crisis of land availability. This helps the prospective investors with the options of more affordable property segments. Noida city and areas attached to it such as Noida Extension and Noida Expressway are one of the hot spot destinations when it comes to real estate investments. This paper critically examines the current situation of reality market in Noida linking to its growth potentials.
NCR, Real Estate, Infrastructure Potentials, Land Parcel, Affordable Property