Where To Buy Property

Market observers said that housing prices, especially luxury homes, have witnessed a significant increase in the range of 15-20 percent in the Tricity region in last few years which has transformed these Tier-II cities into investment hotspots for NRIs and professionals

From Dwarka to Yamuna Expressway: Infrastructure upgrades fuel new realty hotspots across NCR

Many areas such as Sohna Road, Raj Nagar Extension, New Gurugram and Meerut are emerging as new booming realty hubs in the NCR.

Noida real estate market: property prices more than double in last five years

According to PropEquity data, the weighted average price of new launch projects in Noida have surged by around 152 percent to Rs 14,946 per square feet (psf) in 2024 (till September 2024) from Rs 5,910 psf in 2019 in pre-Covid times.

Dwarka Expressway, Noida-Greater Noida Expressway drive the real estate boom in the region

Both the Dwarka and Noida-Greater Noida expressways have made commuting easy to and from these satellite towns. Experts say this enhances the appeal of the new condominiums that have come up along the routes and which boast new-age amenities, with malls and offices, and social infrastructure like schools and hospitals in the vicinity.

Area Watch: Dwarka Expressway all set to trigger revival of real estate along its path

The expressway will connect Dwarka in Delhi to Gurugram, provide alternate access to the IGI airport, India International Convention Centre and other key locations in Gurugram.

Area Watch: Why more techies are slowly shifting towards north Bengaluru

Local brokers say that key micro markets like Hennur Road, Jakkur, Yelahanka, and Hebbal are the most promising locations for real-estate investments.

Properties under Rs 50 lakh: Here’s where you can buy in Delhi-NCR

Real estate experts said availability of Properties under Rs 50 lakh is limited and available in areas located far from city centres or central business districts in the NCR.

Area Watch: Residents reminisce old times as Bengaluru’s Indiranagar transforms from a sleepy neighbourhood into a commercial hub

From Rs 2,000 per square foot in 2001, the commercial rental values have appreciated to Rs 40,000 per sq ft. However, with the explosive commercial boom, locals say, the residential areas have been pushed afar.

Area watch: How residential buildings of Matunga are being redeveloped with parking space becoming a differentiating factor

Matunga was developed 50 years ago. That makes this largely residential locality of Central Mumbai ripe for redevelopment. Players both big and medium size, have thrown in their hats into the arena.