Positive Feelings Towards Home ownership on the Rise

The House price as well as the demand for purchasing of house is rising day by day. This year seems to be flying by and has been fueled by a very active market. The Real estate deals in Delhi NCR and other Cities are reporting fantastic sales numbers for the year to date, Cosmic structures limited also doing excellent sale and many new projects are listing soon in Delhi NCR regions. 

Cosmic Structures Limited

While Prices are still on the rise and some continue to forecast an  upward trend, others are predicting that prices will begin to level off as interest rates have begun to creep up. However, even as the price are changing, the overall sentiment towards home ownership remains positive. A recent survey shows that 7 in 10 Delhities  believe that purchasing a home is a good choice. It also reported that  the purchasing demand of Delhi NCR Real estate especially Residential flat is high in demand.

The Realtor's Association has reported that while the house price as well as the demand of purchasing of house has shown a positive impact on the overall market. We expect prices to continue to rise but they may not escalate at the same speed and will return to normal levels very soon. This can be a very good time to purchase a Home at Delhi, Noida, Gurgaon or overly in Delhi NCR. 

Tag: Noida Real estate, Delhi property, cosmic Structures ltd, cosmic group, cosmic group review, cosmic group complaints cosmic group projects

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NCR — the market witnessing a renewed interest in residential development.

Where on one side most parts of the country are facing problems like Poor GDP projections, reduced liquidity for end users, a rising consumer inflation index and a plethora of other reasons for a downfall in real estate projects, NCR (National Capital Region) is experiencing and enjoying a steady growth and development particularly in terms of residential property. 

Residential Development

The conurbation or metropolitan area which encompasses the entire Delhi as well as urban areas surrounding it, i.e. NCR is on a verge of continuous development with several projects coming up and ongoing at a rapid speed. Areas like Noida, Greater Noida, Gurgaon, Faridabad, Rohtak, Bhiwadi, Sonipat and Panipat are on the peak of its popularity for the growth and development of real estate project running all over. 

NCR's residential market is expected to see renewed momentum in terms of fresh supply with several large projects including townships expected to be launched in 2013 concentrated on emerging locations of Gurgaon and Noida such as Dwarka Expressway, Southern Peripheral Road, Noida Extension, Greater Noida and along the Noida-Greater Noida Expressway. There would also be a very wide variety in product offering ranging from affordable to luxury, with the majority expected to cater to the affordable and mid-priced segment.

In terms of new project launches, micro markets such as Noida Extension, Greater Noida, Noida-Greater Noida Expressway and Yamuna Expressway are expected to come up with very large residential projects mainly in the affordable and mid-priced segments to attract end-users. In Gurgaon, nearly 28,800 residential units are likely to get added to the completed stock in 2013. Being strategically located in close proximity to Delhi and Gurgaon, the upcoming Aerocity and the Delhi International Airport, Dwarka Expressway is expected to witness a healthy price appreciation in 2013. The commencement of the Rapid Metro connecting Sikanderpur with DLF Cyber City will add to the attractiveness of the surrounding areas resulting in capital values increasing further.

This stretch provides good, affordable residential options, and a large portion of demand for mid-sized housing in Gurgaon has been diverted to this region. With prices being similar to those for developments in Noida, New Gurgaon has the potential to compete with Noida.

These areas undoubtedly are the residential hub of the country and investing here at the right time would definitely make the right decision. 

Being an integral part of the Real Estate Industry particularly in Delhi-NCR, Cosmic Structures Pvt. Ltd. Have three major projects running in these major areas i.e. Gurgaon, Noida and Greater Noida. With its ongoing projects- Cosmic Business Centre, Cosmic Corporate park and Cosmic Corporate Park-2, we take this opportunity to contribute towards the luxurious experience in real estate.
Visit http://www.cosmicindia.in/ to know about our ongoing projects.

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