India's top 5 Attractive Property Investment Hotspots In 2014 - Page 3

India's top 5 Attractive Property Investment Hotspots In 2014

By siliconindia   |   Friday, July 11, 2014

Delhi-NCR: Noida Extension and Dwaraka Expressway are the most promising property investment Hotspot in Delhi NCR (Capital city of India). According to Aniruddh Wahal, Occupier services, Co-head, DTZ India, report Business - Delhi is the most appealing place in NCR for reasonable housing and estimated to witness yearly expansion of 15 to 20% by the coming period. Noida Extension has emerged as a top residential investment destination. The property prices are likely to soar 111 percent during 2012-17 and housing prices per sq ft are expected to shoot up to rs 6760 from rs 3200. Since 2010, the Noida extension witnessed more than 80,000 residential units. This area is a piece of Noida and the name Noida Extension came in to rule because of the proximity to the city center.

Dwaraka Expressway is expected to be improved connectivity between Gurgaon and Delhi NCR, which can turn out as a good property investment in both Residential and commercial units. According to the report, Dwaraka Express way stretch has witnessed a launch of new residential units around 12,649. Due to the geographic proximity to the neighbor cities like Gurgaon, Noida, Ghaziabad, Sonepat, Panipat, Karnal, New Delhi has amplifies the importance of Residential units.

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