NCR has witnessed a rapid growth in the past few years and has also emerged as industrial hotspots. With many companies shifting its focus to the NCR region and entering into the space, the real estate market has also seen signs of positivity in these areas.
Captured below are the two hotspots of NCR that makes an amazing investment opportunity-
Gurgaon, also known as millennium city is known to be one the fastest developing cities in Northern India, with a slew of developments in the recent past. The city which was under developed few years back witnessed a paradigm shift after its opening to international market in the wake of liberalization and globalization. With burgeoning industrialization, many blue chip companies are shifting their focus to Gurgaon.
It is a home to a number of multinational corporations, small scale and mid scale companies. The burgeoning industrialization has resulted into positive sentiments among buyers and investors that have triggered the growth trajectory of property in Gurgaon. The city enjoys a host of benefits and also shares a robust connectivity due to its strategic location. Dwarka Expressway also known as Northern Peripheral Road (NPR), is one of the major under construction expressways in Gurgaon. The expressway will connect Dwarka in Delhi with NH – 8 at Kherki Dhaula in Gurgaon and will pass through Pataudi Road. It is the third direct link between Delhi and Gurgaon
The 18 km stretch of NPR is envisaged to enhance the connectivity between two regions and will decongest the traffic stitching Dwarka to other parts of Delhi. The prices along NPR are reasonably low as compared to Golf Course Road and MG Road. Thus it appears as a great bet for early investors.
Gurgaon also shares a robust connectivity from the northern parts via the Sohna Road and in the East via the Golf Course Extension Road. The Sohna Road further connects to the Delhi-Jaipur expressway which is a 4 lane highway connecting the satellite city to Delhi. Backed by improved connectivity and state of the art infrastructure, property in Gurgaon witnesses a great demand with many reputed builders launching a spate of meticulous projects.
The major highlight of the residential property in Noida is its reasonable prices when compared to other parts of NCR. Number of factors have stimulated the demand of property in Noida such as robust connectivity and plethora of investment hot spots.
Yamuna Expressway is one of the upcoming localities of Noida. The area enjoys good connectivity to Delhi via the Mahamaya Flyover. With the operational F1 Track and the proposal of Delhi- Mumbai Industrial Corridor, all leading developers are shifting their focus towards Yamuna Expressway.
Noida Extension is a planned residential hub having planned shopping arcades, commercial spaces and luxurious residential townships developed by premier property developers. The area offers uninterrupted connectivity to three major cities – Noida, Greater Noida and Ghaziabad.
Greater Noida Expressway
Greater Noida Expressway is the most sought after locality in Noida, due to its uninterrupted connectivity to the commercial hub of Noida and well-developed sector 18. The proposed construction of flyovers, underpasses and a metro line also acts as a catalyst in enhancing the demand in the area. There are many sectors across this stretch that ensure a good return on investment.
The city also enjoys state of the art social infrastructure with several shopping, clubs, restaurants, multiplexes are located in the periphery for fun and entertainment purposes. Many good hospitals, institutes and school are also located in the vicinity. All these factors spurs the demand of property in Noida. A number of promising projects is launched by Grade A+ builders which makes an amazing bet for early investors and end users.