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Member
Join Date: Nov 2009
Posts: 363
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Hi
I created this thread to discusss the realistic price per sqft (all inclusive price per sqft of super area) in areas around NCR, 5 years from now. Assumptions: all inclusive price includes car parking , power backup and club membership. Let me start with 4 plcaes i am closely following: 1. Noida Extension ============== Current price ~ 2100 psqft Price after 5 years ~ 2700-3000 psqft Driving factors: Proximity to Noida, metro (?), demand from IT janta 2. Crossing Republik =============== Current price ~ 1900-2000 psqft Price after 5 years ~ 2400-2500 psqft Driving factors: Proximity to Noida, NH-24, infrastructure at advanced stage compared to NE, after 5 years lot of end users would be staying in the place. 3. Faridabad Neharpar ================ Current price ~ 1800-2000 psqft Price after 5 years ~ 2800-3000 psqft Driving factors: Proximity to south Delhi because of badarpur flyover, proximity to existing developed area of sector 15, lots of end users expected to take possession soon. 4. Rajnagar Extension Ghaziabad ========================= Current prices: 1900-2200 psqft Price after 5 years: 2500 - 2800 psqft Driving factors: NH-24 to NH-58 link road for connectivity to Noida, high speed rail, Orbit rail, infrastructure, huge demand from Meerut/Muradnagar side for those like moving closer to Delhi. Kindly update this thread with your inputs on other areas. Last edited by dceite; 11-01-11 at 11:40 AM. |
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