123ArticleOnline Logo
Welcome to 123ArticleOnline.com!

ALL >> Real-Estate-and-Foreclosure >> View Article

Political Uncertainty Affects Sale Of Property In Noida

By Author: Vinay Kumar
Total Articles: 54

Policy uncertainty is looming large over Noida's property market in light of the coming elections. With the change in political faces, the existing policies are expected to experience a sea change. As it happens every time at the time of elections, the existing government refrains from taking any change in current policies or implementation of new ones. Noida's realty scenario is undergoing the same scenario currently. This has resulted in almost stagnant prices of properties in the city. From last 6-7 months, the prices have not seem any significant appreciation.


Investors who intended to carry our Noida property deals are now keen on keeping their plans on hold. Those with large deals are playing it safe and have no plans to execute their plans anytime soon. The developers and builders too do not want to take any risk. So, many of them have not launched any realty projects. Until the elections are over, this stagnant phase will continue.


The properties in Noida are already facing tight liquidity issues. Like other metropolitan cities, Noida too has a heap of unsold inventories. The recent measures taken by Reserve Bank of India(RBI) have further added to the woes of sellers. This is another reason why corporate investors are turning backs from large deals.


At present, property in Noida is relatively affordable if compared to other Delhi NCR regions. Noida Extension and Yamuna Expressway are particular heeded as affordable localities. It is the cheap ticket rates that is the biggest draw for buyers who intend to buy properties in these two localities. Yamuna Expressway, shall be completed in several phases: while in the first phase, Greater Noida shall be connected to Taj International Aviation Hub, in the second, the expressway would be further extended to Agra. This six-lane, high speed stretch is expected to improve the connectivity and reduce the time taken to commute between Greater Noida and Agra.


Let's have a glimpse on the price rates of residential properties in prime localities. Let's consider a 2 BHK flat for sale. Over Noida Extension and Yamuna Expressway, such an apartment carries the starting price in 10-15 lakh bracket. Budget apartments can also be expected in sector 76, 77, and 34: a two bedroom flat is available with starting prices centered around 25-40 lakh segment. The higher rates are prevalent in sector 82, 61, and 93; expect the rate to be 50 lakh onwards across these areas.


Makaan,com is a property site that lists 2, 3, 4 BHK property in Noida. Cheap, budget and luxury Noida property is available for buying to the end-users.

Total Views: 43Word Count: 430See All articles From Author

Real Estate and Foreclosure Articles

1. The Perfect Way To Invest In Property Mangement Buderim
Author: Peter Simons

2. Foreign Investors - Know How To Get The Cyprus Citizenship And Enjoy The Associated Benefits
Author: Chris Michael

3. Flats In Jagatpura
Author: Keys90

4. Assetz Here And Now | Pre Launch Project | Located In Rachenahalli, Bangalore
Author: Guru Raj

5. Lodha Codename Superdeal Upper Thane
Author: chetan singh

6. 6 Reasons To Forget Valleyview Apartments In Shimla And Consider Barog For Your Investment
Author: The Woods Barog

7. Finding Apartments For Sale - Tips For Buyers
Author: homeonline

8. How About Finding New Apartments For Sale
Author: homeonline

9. Beneficial Tips In Buying New Residence
Author: homeonline

10. What Are Various Residential Home Buying Tips
Author: homeonline

11. Main Points To Think About When Buying An Apartment Or Condo
Author: homeonline

12. Questions To Ask When Buying Houses
Author: homeonline

13. Aspects That Need To Impact The Buying Of Homes
Author: homeonline

14. Things You Must Know Prior To Buying A Home
Author: homeonline

15. What You Must Think About When Buying An Apartment Or Condo
Author: homeonline

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: