What's In Store for Indian Real Estate in 2013?

Delhi real estate

The capital city is witnessing most of the real estate absorption in areas like Gurgaon and Noida. Also, Dwarka Expressway and Noida Extension in Delhi-NCR are showing the most promising when it comes to property investment. Noida Extension has emerged as one of the best location to invest in residential segment as the housing prices are likely to jump by 111 percent during 2012-2017. Property prices might shot upto 6760 per square feet from 3200 per square feet, which is the existing rate currently. Since 2010, Noida Extension has witnessed the launch of more than 80,000 residential units.

With the price appreciation of 108 percent during 2012-2017, Dwarka Expressway is emerging as a new residential belt. This Expressway will improve the connectivity between Delhi and Gurgaon, making the real estate boom in this area. According to the report, since 2007, total of 12,649 residential units were launched along the Dwarka Expressway stretch.