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It is a matter of curious concern that in recent years Gurgaon
property market has eclipsed the other markets in Delhi NCR.Noida is a
major centre in the Delhi NCR region chiefly due to the high
concentration of multinational corporate offices. This corporate centre
is lying at a distance of 15 km form Delhi, in the Uttar Pradesh
border.Noida used to be in high appreciation of property value for the
last several years.
However, in recent times Gurgaon house price show a higher appreciation than those in Noida.As the slump in the region is waning out, the property market has become again active in the Delhi National Capital region (NCR).During this quarter, Noida properties, both residential and commercial in the prime localities of Sector 20, 22, 28 and 31 have registered an appreciation of 5% to 8% over the corresponding period a year ago.
It is relevant to note that Gurgaon flats prices during this quarter have shown an average appreciation of 10% to 12% over the corresponding period last year. By current price comparison also, similar properties in the two locations show considerable variations. On an average, Gurgaon properties are 15% to 25% costlier than Noida properties.
The trend in Ghaziabad, another major centre in Delhi NCR also underscores the view that Gurgaon property market has eclipsed the other markets in Delhi NCR.In the main locations of Sector 10, 12, 15, 16 and 26 of Ghaziabad during this quarter property values have shown an increase of 7% to 10% over the corresponding period in those locations.Over all, the property prices in Gurgaon show an increase of 20% to 30% over the average prices in Ghaziabad.This higher demand for Gurgaon real estate is contributed to multiple causative factors.
However, in recent times Gurgaon house price show a higher appreciation than those in Noida.As the slump in the region is waning out, the property market has become again active in the Delhi National Capital region (NCR).During this quarter, Noida properties, both residential and commercial in the prime localities of Sector 20, 22, 28 and 31 have registered an appreciation of 5% to 8% over the corresponding period a year ago.
It is relevant to note that Gurgaon flats prices during this quarter have shown an average appreciation of 10% to 12% over the corresponding period last year. By current price comparison also, similar properties in the two locations show considerable variations. On an average, Gurgaon properties are 15% to 25% costlier than Noida properties.
The trend in Ghaziabad, another major centre in Delhi NCR also underscores the view that Gurgaon property market has eclipsed the other markets in Delhi NCR.In the main locations of Sector 10, 12, 15, 16 and 26 of Ghaziabad during this quarter property values have shown an increase of 7% to 10% over the corresponding period in those locations.Over all, the property prices in Gurgaon show an increase of 20% to 30% over the average prices in Ghaziabad.This higher demand for Gurgaon real estate is contributed to multiple causative factors.
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Gurgaon has become a dream destination for the real estate investors. Ambience Creacions is also an another and well renowned real estate services provider, offers both residential and commercial properties with the best amenities.
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