Noida and Gurugram property sector will soon witness delivery of 54000 flats to home buyers by March 2019 with developers putting their all foots down for completing the pending projects, according to the sources. “Projects delays have led to several real estate developers in the national capital region struggle for their survival. However, this has also led to other developers making their best effort to deliver more,” was said in a statement.
According to data the developers will deliver 30000 housing units in Noida, among most of these units would be ready to possession and are well connected to Yamuna Expressway and Noida Expressway area.
The rest 24000 housing units in Gurugram are to be delivered in the last quarter of the current financial year. 12500 housing units in Gurugram would be connected directly to Dwarka Expressway and Sohna. Builders have already given possession over 57,000 units to buyers so far during this fiscal.
Next fiscal, over 94000 additional units are likely to be delivered in Noida property.