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Which micro-markets are expected to perform well in 2017?

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Which micro-markets are expected to perform well in 2017?
Which micro-markets are expected to perform well in 2017?
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After demonetisation, the scenario is probable to witness a change. As land price points are expected to witness a fall, affordable housing segment is expected to receive the required boost. Some micro markets that will be most beneficial in 2017.

Most of the prospective homebuyers exhibited interests in neighbouring affordable residential pockets, especially Noida Expressway and Greater Noida. Smooth connectivity to Delhi and multiple cost friendly housing options across different categories, most of the investor and end user shifted their focus on micro-markets to these residential pockets.

 

Area

Region

Capital values in Jul-Sep 2016

Capital values in Oct-Dec 2016

Sector Pi, Zeta

Greater Noida

3800

3800

Raj Nagar Extension

Ghaziabad

3300

3325

Sector 88-89, New Gurgaon

Dwarka Expressway

4750

5000

Sector 70-79, 100-110, 137

Noida Expressway

4500

4800

 

According to Mr. Pawan Jasuja, Director Finlace Consulting, Noida Expressway, Greater Noida and Noida extension are most likely to gain higher traction in the next year. Besides, huge supply of plotted land at relatively lower rates and metro connectivity from sectors 71 to 110, which is anticipated to complete by 2021, realty landscape would witness a fillip.”

 

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