Among all the slowly growing global economic sentiments, if there is any major economy in all over the world then it is Indian economy with expectations to possess commendable growth statistics.
As per the estimations of IMF, this major economy will showcase a GDP growth of 7.6 % in the year 2016 and 2017 which is ahead of US, China and different other major economies. This economic growth trajectory has begun to give a strong push to the real estate industry of India. Moreover, the real estate sector is also witnessing higher transaction volume all across the nation. Among all the major receptors of the investment flow, Delhi-National Capital Region (NCR) is at the top of the majority list.
Although, the important NCR markets like Noida, Greater Noida, and Gurgaon are still suffering from inventory overhang but this would not keep back the area from greeting a new batch of national & global investors.
Horizons of New Investment in Delhi NCR Markets:
With respect to new launch, the market of Delhi NCR could only be split into Gurgaon & Noida (including Greater Noida) region. In the coming time, Gurgaon would stay to be the focal point of real estate investments. Despite the sky reaching prices have been moderated in the recent times. Nonetheless, as a center of local business & economics, the need dynamics in the city is very solid.