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string(1455) "Noida eWay is a long term story..
In current scenario, I agree Bank FD is better option for short term Investors. But for long term investors it's right time to buy property in Noida because currently supply is greater than demand for all the reasons you have given. But it wouldn't be the same after 3 years.
Most of the residential area planned in the Master Plan 2031 is covered and supply will reduce dramatically in future. Once demand starts recovering than there won't be any look back and demand will always exceed supply.
However, Metro and MNC presence is major factor to boost the demand. But my sense says that it is just matter of time to see corporates coming to Noida/GN:
1. Already lot of investment is committed in Noida/GN
2. World class infrastructure is already present in these area.
3. Price abritrage will attract corporate sooner or later. So if GGN leads then Noida will always play catch up.
4. Belief in India story.
As far as GN is concerned, it won't be a failure story coz it is a story which has just begin as my friend above has regarding it as End Users delight. May be investors couldn't time it. But GN could still have tremendous supply for long time due to huge land bank. Only quality will appreciate GN. No other factor.
[QUOTE=Mogammo;205560]
[SIZE=3][FONT=Georgia][COLOR=darkgreen]All of us should learn from the failure story of GN otherwise all will suffer definitely.[/COLOR][/FONT][/SIZE][/QUOTE]"
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In current scenario, I agree Bank FD is better option for short term Investors. But for long term investors it's right time to buy property in Noida because currently supply is greater than demand for all the reasons you have given. But it wouldn't be the same after 3 years.
Most of the residential area planned in the Master Plan 2031 is covered and supply will reduce dramatically in future. Once demand starts recovering than there won't be any look back and demand will always exceed supply.
However, Metro and MNC presence is major factor to boost the demand. But my sense says that it is just matter of time to see corporates coming to Noida/GN:
1. Already lot of investment is committed in Noida/GN
2. World class infrastructure is already present in these area.
3. Price abritrage will attract corporate sooner or later. So if GGN leads then Noida will always play catch up.
4. Belief in India story.
As far as GN is concerned, it won't be a failure story coz it is a story which has just begin as my friend above has regarding it as End Users delight. May be investors couldn't time it. But GN could still have tremendous supply for long time due to huge land bank. Only quality will appreciate GN. No other factor.
Originally posted by Mogammo
All of us should learn from the failure story of GN otherwise all will suffer definitely.
.
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