Around 4 years ago, when recession hit the globe the future of real estate in India and all across the world seemed uncertain. There was a drastic drop in the demand and the property prices were also hit. However once India was able to get over the economic slowdown and the recession, the real estate industry has grown in leap and bounds.
The property prices in this continue to defy the skeptics. While the investors are getting unprecedented returns for their investments, the real estate developers continue to explore newer avenues and people are getting a wide variety of options to buy their dream home or look for commercial space. The unprecedented growth has infact led to a situation where developers have been unable to match the volume of interest from potential buyers.
While the whole of the Delhi NCR region has witnessed enormous growth, a few sleepy townships and regions that were earlier unnoticed and unexplored have seen unexpected spurt. While Ghaziabad especially Vasundhara and Indirapuram, Noida, Faridabad and Gurgaon have emerged as satellite towns and preferable destinations to people looking for a property in Delhi NCR region, new regions like Noida Extension, Yamuna Expressway, Noida-Greater Expressway and Noida Extension have already witnessed rapid development. Other major hot real estate hubs have been Bhiwadi, New Gurgaon,Dwarka Expressway, Yamuna Expressway, and the area between Faridabad and Palwal. Better Connectivity, the rapid spread of metro all across the Delhi ncr, new roadways, growth of MNCs and mor and mor people looking for budget properties have led to a further upsurge.
Overall, one can say that the entire Delhi NCR region has become a real estate paradise for investors, developers and buyers. It is one of the best regions in the entire country to buy and invest in property.
If you are looking to own a property in this region, Cosmic Group provides you several options here. Some of our projects in the Delhi NCR region are Cosmic Corporate Park in Yamuna Expressway, Cosmic Corporate Park 2 in Noida, Cosmic Casa Italia in Vasundhara and Cosmic Business Centre in Gurgaon.