After
witnessing the economic slowdown, sales are now on the constant stage, Noida is
a thriving real estate sector in overall Delhi NCR. For last three years, end
buyers as well as stakeholders have been waiting for a price improvement but
with inflation, increase in taxes and costs of steel and cement going up, it
seems improbable to happen anytime soon. All important points will be
considered for a price correction for property in Noida. Indeed, real estate
experts and researchers are of the positive opinion that it will be cautious for
prospective home buyers to seize this golden opportunity and buy their dream
houses now before the prices go up.


Popular
catalysts for price improvement in any category are due to lack of
affordability over an extended period and excess unsold inventory. Idyllically,
it has been factual for the realty segment in Noida, there would have been a
price improvement. In the period from the second quarter of 2009 to the same
quarter of 2013, housing prices in the city have increased by 66%. The high rise can be expected abode from 70%
in Noida Extension rather than any other location of the region.
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