Monday 24 June 2013

Demand for multi-storey buildings in Delhi-NCR was recorded as approximately









Demand for multi-storey buildings in Delhi-NCR was recorded as approximately 53 per cent during the Feb-Apr 2013 period, a rise of 2 per cent from the Nov 2012-Jan 2013 period. The growing space crunch in the NCR Region could be the reason behind the demand for multi-storey units being the most preferred property type across all categories.
Supply of multi-storey apartments remained subdued in comparison to demand. No fluctuations were witnessed in the supply of these units in the last six months with availability of 35 per cent, which was 18 per cent lower than the demand.
Both residential houses and plots witnessed average buyer interest with demand varying from 11-13 per cent during the Feb-Apr 2013 period. While demand for residential houses was found to be stable in the last six months, a drop of 2 per cent was noted in the demand for plots.

Friday 14 June 2013

Property investment in Crossings Republik has witnessed a steady rise

Property investment in Crossings Republik has witnessed a steady rise. With saturation of space in localities such as Indirapuram, Vaishali and Vasundhara, Crossings Republik now houses integrated townships, affordable housing and middle-level multi-storey apartments.

The demand for properties in Crossings Republik is mainly from the working professionals of Noida and Gurgaon. Buyers prefer Crossings Republik to Noida because of the price difference

Location also plays a key part in boosting the demand for residences. Crossings Republik is very close to Delhi and Noida, making it an investment hub. Located on NH-24 bypass road, it caters to end-users from both the cities.

The social and civic infrastructure is also well developed. Basic amenities such as restaurants, medical facilities, shops, Golf Course are located in close proximity. Buses, autos and taxis are the popular modes of transport. Metro connectivity from Vaishali to Noida, Delhi and Gurgaon helps the daily commuters. “Growth in Ghaziabad’s infrastructure, roads, metro lines and flyovers has already boosted the commercial and residential markets.”

Crossings Republik seems to have great potential and is undoubtedly a very good investment as well as living option for those who want to reside near Delhi or Noida.

Saturday 8 June 2013

Crossings Republik is among the most sought after areas in Ghaziabad




With rapid real estate development and easy and improving connectivity to Delhi, Noida and Greater Noida, Ghaziabad is witnessing a steady rise in capital values of property.

According to data, property values in areas like NH-24, Crossings Republik, , Indirapuram, Kaushambi, NH 24, NH 58 and Vaishali are witnessing a steady rise ranging from 2 to 26 per cent in every quarter since Dec 11.
Crossings Republik saw 26 per cent rise, respectively.
Demand for property outstrips supply in Ghaziabad. “We are seeing a five-fold demand compared to supply of property. The
re is a demand for all types of units, from  small units- 1 and 2 BHK to big Units 3 BHK ”.
Crossings Republik  is among the most sought after areas in Ghaziabad. This NCR suburb is an end-user driven market, which continues to see interest from working professionals from in Delhi, Noida, Greater Noida and even, Gurgaon,”. Projects offer basic as well as high-end amenities like swimming pool, gym, club house, restaurants, bar, recreational area, garden, etc.
As far as infrastructure is considered, Ghaziabad has everything- from schools to hospitals, from markets to malls and roads to power. Metro connectivity from Vaishali to Noida, Delhi and Gurgaon helps the daily commuters.