In­vest­ing along the metro track

HT Estates - - FRONT PAGE -

Res­i­den­tial op­tions: Scores of res­i­den­tial projects are com­ing up along sec­tors 75, 76, 78, 79, 137, 143, 150 and 168. Prices range from ₹ 4,500 to ₹ 5,000 across th­ese lo­ca­tions. Es­tab­lished sec­tors 50, 51, 52, 93, 128, 129, 132, 134 etc have mostly high-end prop­er­ties

Why should you in­vest here? There’s an over­sup­ply sit­u­a­tion along this stretch, so prices are likely to re­main sta­ble for the next few months. A few realty brands ac­tive in Gur­gaon are ex­pected to launch projects in Sec­tor 150

Will val­u­a­tions im­prove? With com­mer­cial space be­ing leased out to com­pa­nies in some sec­tors, many peo­ple work­ing there may look for hous­ing op­tions close to their of­fice. Once the Metro is op­er­a­tional, prices may in­crease by 5% to 10%

No habi­ta­tion in some sec­tors: Metro sta­tions will be built in Sec­tors 147, 149 and 153. Most of th­ese sec­tors, in­clud­ing 156 and 157, had been re­served for SEZs under the Noida Master Plan. Cur­rently there is no habi­ta­tion in th­ese sec­tors and sta­tions are be­ing built for fu­ture use. In­fra­struc­ture, say of­fi­cials, will come up first

Com­mer­cial rentals to re­main ro­bust: Com­mer­cial rentals along the ex­press­way stretch are com­pet­i­tive than Gur­gaon and if con­nec­tiv­ity im­proves, there will be move­ment in of­fice de­mand that will trig­ger res­i­den­tial ac­tiv­ity. Go­ing for­ward, it can be­come an­other NH8

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.