Price Correction in pipeline for residential properties in Noida extension
With current appreciation in the market, this i...
database of builders, developers, projects and property agents offering properties
according to your budget, desired locat...
of 2

Price correction in pipeline for residential properties in Noida Extension

Property Manthan is a real estate portal that provides Noida Extension Property at best deals. Get detailed information about New Residential Projects in Noida. Visit www.propertymanthan.com or call +91-9582898136 to know flats in noida extension
Published on: Mar 4, 2016
Published in: Real Estate      
Source: www.slideshare.net


Transcripts - Price correction in pipeline for residential properties in Noida Extension

  • 1. Price Correction in pipeline for residential properties in Noida extension With current appreciation in the market, this is the fact that most of the buyers and investors have pulled out of this area. The sentiments are at all time low and potential buyers are looking for other realty destination for their investment. Seeing this, many developers and builders are rethinking on their price plan so that they can sell up their inventory holdings in the Noida market. Most of the time it happens end users tends to buy resale property which are priced almost Rs. 400- 500 per sq. ft. lesser than the builder’s quotes. This leads to lesser occupancy and sale of fresh units. To curb this second hand effect various builders are planning to rectify the price values so that more inventory units can be put on sale and can be moved out faster than resale ones. This is an age old trend of buying resale properties because of ready to use amenities and facilities to add on benefits and extra freebies. They have not even been lived once and are available at prices lower than the newer ones. This is the reason why resale properties in Noida are more sought after units than fresh sales. Especially the residential properties in Noida extension which now have entered into mid luxury segment will now be considered by the buyers after the price deduction. This slow down in prices will bring a positive hope amongst the buyers affecting their future buying. The Popular areas of Noida like Sector 76, 77, 117, 119, 120 where high rise building is coming up, will be seen offering a corrected version of prices other than Noida extension ones. The new residential properties in Noida which are currently under soft launch are receiving a huge number of queries from buyers and investors. These queries are mainly from the end users who are looking for something affordable at a location which is affordable as well as have developed infrastructure around. No place other than Noida and Noida extension can offer such amenities and surroundings. Although Ghaziabad properties are good on infrastructure, but high congestion factors, great traffic jams and high cost deals are other unavoidable perspectives of it. If you want to know more about NCR properties or about newly launched and upcoming projects in any city of India, you can visit PropertyManthan.com. Here you get the widest
  • 2. database of builders, developers, projects and property agents offering properties according to your budget, desired location and requirement. For more Information on new residential properties in Noida. Please Visit: www.propertymanthan.com Property Manthan – Contact us PropertyMANTHAN.com Address: C-98, Sector-2, Noida-201301, India Phone: 0120-4029 333 Fax: +91-120-4327457 Mobile: +91-9582898136 E-mail: info@propertymanthan.com Website: www.propertymanthan.com

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