Delhi Property market is undergoing through a lot of action, while Gurgaon and Noida have risen up in terms of residential and commercial housing developments. The National Capital Region (NCR) is the most significant property market of India. Noida and Gurgaon suburbs are going through plenty of action, but this situation is affecting the real estate market of the capital. In Delhi, main focus of the real sector is on the South Delhi market which is reeling under the immense pressure.Delhi’s posh areas like Vasant Vihar, Safdarjung and Defence Colony are witnessing a great slowdown in demand and major new supply remained vacant in the current fiscal years. The demand for the projects in Gurgaon and Noida is much higher compared to the Delhi localities as the overall amenities provided in Gurgaon and Noida are much better.With the immense improvement in the infrastructure in Gurgaon and Noida the buyers and investors are moving towards these localities. Gurgaon and Noida regions are offering much better business proposals to the investors and developers hence they are investing their money in these suburbs instead of Delhi market.Rohan Sharma, senior manager research of Jones Lang LaSalle said that Gurgaon and Noida suburbs are attracting money of most investors as these localities are offering better projects and developments with better specifications and overall amenities. These suburbs are the major host for many luxury project launched in recent years.South Delhi is the only market which has observed sluggish price appreciation. Defence Colony flats of 217 sq yards are quoted for about Rs 6 crore existing on different floors and Rs 7.5 crore for ground floor units. Whereas plots of bigger sizes were quoted for Ra 9-11 crore, dozens of such units have remained vacant. The same situation has observed in the Vasant Vihar and Safdurjung areas. Prices for 600 sq yards properties have touched the mark of Rs 20 crore but no demand has been seen in these regions.Gurgaon and Noida locations have seen increase in the developments in the past few years. The Dwarka Expressway, Yamuna Expressway and Metro Rail are the major key contributors in the growth of Gurgaon and Noida property market. The connectivity of these places with Delhi has been improved with these infrastructures and hence it has affected the property market of the Gurgaon and Noida.The Delhi market has witnessed high demand in the past few years, but the prices of properties in Delhi have observed the exponential growth with the lack of availability of land. Delhi property prices have not budged in the past year and hence the Delhi’s loss has contributed for the Gurgaon and Noida’s gain in the property process.Gurgaon’s property prices have observed great price appreciation which almost increased by 29 percent year-on-year compared to the previous year. To overcome this situation in Delhi builders and developers are providing good discounts in the projects ranging from 10 to 14 per cent.The Gurgaon and Noida real estate market will continue to experience a high demand from end users and will significantly affect the Delhi real estate in future.займ на карту без отказов круглосуточновзять кредит онлайн