Gurgaon may well be known as the Millennium city but the recent flooding has proved it to be otherwise. This has dampened the spirit of several prospective buyers of Gurgaon real estate and one city’s loss is another’s gain. Many people have started looking at properties in Noida including flats in Noida sector 76 favorably for making an investment and purchasing a house. Furthermore flats in Noida are also more affordable even when circle rates in Gurgaon have been reduced. People on online property sites are enquiring about properties in Noida including flats in Noida sector 76 even when there is a proposed circle hike and stamp duty hike. Enquiries for room for rent have also gone up.
Infact the proposed stamp duty hike is prompting people to quickly complete transaction in order to save on 2% hike. People are thinking to buy flats in Noida so that they are able to buy affordable homes. Earlier people always used to prefer to buy room for rent in Gurgaon over flats in Noida and room for rent in Noida. Moreover online property sites show that flats in Gurgaon have also given a much higher price and rental appreciation when compared with flats in Noida due to demand and supply dynamics. However the latest flooding scenario has turned the tables in favor of Noida real estate. Builders are happy with the situation as they are expecting a spurt in the sales figures and volumes of properties in Noida including flats in Noida sector 76. Builders in an attempt to make the most out of this situation are trying to give out offers to catch the customer’s attention.
Online property experts are also hoping that the situation for Noida real estate will improve due to this situation and they too feel that builders should leave no stone unturned to capitalize the situation.
Infact the proposed stamp duty hike is prompting people to quickly complete transaction in order to save on 2% hike. People are thinking to buy flats in Noida so that they are able to buy affordable homes. Earlier people always used to prefer to buy room for rent in Gurgaon over flats in Noida and room for rent in Noida. Moreover online property sites show that flats in Gurgaon have also given a much higher price and rental appreciation when compared with flats in Noida due to demand and supply dynamics. However the latest flooding scenario has turned the tables in favor of Noida real estate. Builders are happy with the situation as they are expecting a spurt in the sales figures and volumes of properties in Noida including flats in Noida sector 76. Builders in an attempt to make the most out of this situation are trying to give out offers to catch the customer’s attention.
Online property experts are also hoping that the situation for Noida real estate will improve due to this situation and they too feel that builders should leave no stone unturned to capitalize the situation.
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