Ce diaporama a bien été signalé.
Nous utilisons votre profil LinkedIn et vos données d’activité pour vous proposer des publicités personnalisées et pertinentes. Vous pouvez changer vos préférences de publicités à tout moment.
Impact of Delhi –
Meerut Expressway
and Elevated Road
on Property Searches
and Market Price
It’s a saying that with each infrastructural development
the property prices rise in the vicinity. In some cases, we find
...
Ghaziabad property search trend
As the expressway shares the maximum length with Ghaziabad region, it's apparent to
analyz...
• Surprisingly, the searches have grown
from the regions like Hyderabad and
Mumbai
• When we went for an on-ground
reporti...
With elevated road in action, the most beneficiary location should be the Raj Nagar
Extension. Once, an extreme colony of ...
• It’s not Delhi/NCR, people are
searching from varied places for Raj
Nagar Extension
• The reputed builders in the area a...
With the announcement of Super Express way, Modi Nagar suddenly has picked the
momentum. As most of the locations around t...
• Delhi is the main search market for
Modi Nagar Projects followed by
Ghaziabad and Gurgaon.
• We approached builders to k...
Meerut itself has got its own customer base for property demands. But we have seen a
good number of free inventories avail...
• Again, a surprising fact, people from
Maharashtra are showing their
interest for the properties available in
Meerut foll...
For more in-depth
report please contact:
info@realtymyths.com
Prochain SlideShare
Chargement dans…5
×

Impact of Delhi-Meerut Expressway and Elevated Road on market prices and online property searches

47 vues

Publié le

It’s a saying that with each infrastructural development the property prices rise in the vicinity. In some cases, we find it right as well. Let’s explore the same in the peripheral of Delhi – Meerut Expressway, as this has become the talk of the town. Our analysts have done some extensive report and has come up with certain data which showcases various facts about various properties lying within the peripheral of the most sought super expressway.

Publié dans : Immobilier
  • Login to see the comments

  • Soyez le premier à aimer ceci

Impact of Delhi-Meerut Expressway and Elevated Road on market prices and online property searches

  1. 1. Impact of Delhi – Meerut Expressway and Elevated Road on Property Searches and Market Price
  2. 2. It’s a saying that with each infrastructural development the property prices rise in the vicinity. In some cases, we find it right as well. Let’s explore the same in the peripheral of Delhi – Meerut Expressway, as this has become the talk of the town. After some extensive research, our analysts have come up with certain inferences which indicate various facts about the properties extending within the peripheral of the most sought super expressway
  3. 3. Ghaziabad property search trend As the expressway shares the maximum length with Ghaziabad region, it's apparent to analyze the market. Here are some of the facts for our readers to have a fair idea to take their decisions. • There is not much of difference in the property searches compared to last year • Yes, there was a gradual decrease in the property searches, which has now come to the same level as per last year • The property searches were down to 25% compared to last year which got picked to almost the same level
  4. 4. • Surprisingly, the searches have grown from the regions like Hyderabad and Mumbai • When we went for an on-ground reporting, people suggested to us that the property prices in the region have grown in a tune of 8 to 12% after the first phase work of Delhi-Meerut Super Expressway Ghaziabad property search trend
  5. 5. With elevated road in action, the most beneficiary location should be the Raj Nagar Extension. Once, an extreme colony of Delhi has now got all the lime light and ready to witness a massive infrastructure boost. • The property searches in Raj Nagar extension has increased by more than 3 times in the month of June and July. • The sudden spike clearly shows that the market in Raj Nagar Extension has picked by many a fold Raj Nagar Extension property search trend
  6. 6. • It’s not Delhi/NCR, people are searching from varied places for Raj Nagar Extension • The reputed builders in the area are saying that after the elevated fly over, they have seen almost 100% growth in walk-ins and their conversion has grown up to 35% • When we asked the builders about the rise in property prices, they said that they have deliberately kept the price same to finish the unsold inventory at the moment. But, they are hopeful that the price will at least escalate to 15 to 20% within 6-month time. Raj Nagar Extension property search trend
  7. 7. With the announcement of Super Express way, Modi Nagar suddenly has picked the momentum. As most of the locations around the expressway are already highly dense, so Modi Nagar has got a high potential to become an affordable destination for buyers. • As there are very few players available in the region, the property searches have grown by 20% in the area • The market is though yet not price sensitive, but people in the area are quite hopeful to see a spike of around 5 to 10% for plot sale Modi Nagar property search trend
  8. 8. • Delhi is the main search market for Modi Nagar Projects followed by Ghaziabad and Gurgaon. • We approached builders to know the condition of the market and they suggested that they don’t see the rise in property prices but they clearly see the rise in the number of people enquiring about the property in the market Modi Nagar property search trend
  9. 9. Meerut itself has got its own customer base for property demands. But we have seen a good number of free inventories available in the outer peripheral areas. • In terms of overall property searches, Meerut has witnessed a consistent increase • Compared to last year we have seen almost 20% growth in the property searches Meerut property search trend
  10. 10. • Again, a surprising fact, people from Maharashtra are showing their interest for the properties available in Meerut followed by Karnataka. Within Maharashtra, Mumbai and Pune are top search place followed by Navi Mumbai and Pimpri-Chinchwad • When asked about the property prices to builders they said that they are still in the process of filling up their inventories, so they are not increasing the prices as it affects their sales, after all, they have seen the upward trend in property sales after 1.5 years Meerut property search trend
  11. 11. For more in-depth report please contact: info@realtymyths.com

×