Invest For The Best Option – Noida Or Gurgaon

Defined as the major satellite cities in NCR stretch, Gurgaon and Noida are now rising as the leading metropolitan areas of all time. Moreover, these places have been catering to the flexible needs of homeowners, and even fulfilling the dreams of commercial aspects. Therefore, the need for space and expanding the demand for growing areas are some of the positive turning points, to be related to these places. Now, before choosing the best among these two areas, complete research is a must.

Better news for Gurgaon

Dynamism is another name of Gurgaon, and it is associated with the private enterprise structure. However, certain public amenities like public transport, sewerage and electricity are struggling even now in order to keep pace with the growing demands of skyscrapers. According to reports, the prices of Gurgaon spaces have increased by 4.5%. The reason deals with the increased speculative thoughts by none other than investors and lower Residential Property In Gurgaon space inventory. Moreover, the unsold inventory is termed to be lowest in Gurgaon and with the highest rate of absorption, among metros.

Now for Noida

Whenever the main term deals with affordable city, Noida can be your one stop answer. With better infrastructure, you cannot think of anything else. However, unsold inventory can prove to be a flaw in this segment. The real estate values are quite low, due to larger scale of New Projects In Gurgaon and some of the tawdry project execution. The market’s price appreciation is slow, therefore; people are now looking forward towards greener pastures. If you can complete the projects on time, investors can again give a second thought before the final investment.

Ranges to deal with

The luxurious apartments in Gurgaon might range between 8000 and 20,000 rupees, per square feet. It solely depends on the location, completion stage and name of the builder, as well. The mid-range apartments will vary between 3000 and 8000 rupees per square feet. Well, for the Noida related apartments, the mid-range apartments will land in between 4000 and 8000 rupees, per square feet. Noida can prove to be the right place associated with the end users, where home prices are always towards the lower scale, even though the final choice is yours.

I have written many articles on real estate and property investment.