Articles

NCR Will Be the Most Affordable Housing Destination in India

by Priya G. Real Estate Business Expert

Since times immemorial, NCR has been the hot topic amongst varied realty experts. Be it schools, colleges, companies, medical facilities or housing projects, NCR has it all and that too, with a pinch of sophistication and class. This is the reason why people from across the country prefer shifting to NCR, in search of job, study or other specific reason. Hence, an increment in the development of affordable housing solutions is quite obvious. Also, if we compare the past with the present market scenario, we find that all types of 3, 2 or 1 BHK flats in Ghaziabad are much feasible today.

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Why NCR is highly affordable?

There is no denying the fact that NCR is the most affordable housing destination in India. But, if you are new to NCR or NCR realty market, you must have complete knowledge about why, the said destination is pocket friendly and how it can help you lead a sumptuous living. Although, there are multiple reasons or logic's behind the affordable nature of ‘National Capital Region’, yet there are two most important factors that play the supreme role –

a) High Demand for Housing & Urban Lifestyle

 As mentioned above, NCR has the highest number of reputed companies, schools, colleges, training centers, recreational hubs and other allied structures. Thus, in search of work, study and other activities, people shift to NCR, which in turn, increases the demand for housing solutions. Further, it should be noted that the kind of an opulent life that you get in NCR is totally unmatched from other locations in India. With such demands, the realty market began to provide feasible housing solutions that are easy to afford.

b) Lavish Projects

Another major factor is the development of luxurious township projects. Being an area near the Indian capital, NCR always enjoyed the advantage of ‘township project’ concept. However, the projects were not affordable enough for the middle-income group of people. But, as the housing demand saw a rise, the realty developers started constructing housing projects, which are not just affordable, but also perfect for a modern man. At present, flats in NH 58 Ghaziabad, are reported to be highly cost efficient for every home buyer, who looks forward to a sumptuous living in budget.

In simple words, finding affordable Housing in Ghaziabad, or any other location of NCR, is not that difficult. The location is and will always be the most budget friendly destination in the country. The importance of both the factors (mentioned above), will never fade away, as per the realty gurus. So, if you are looking for a ‘home sweet home’, do invest-in right now.


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About Priya G. Advanced   Real Estate Business Expert

149 connections, 4 recommendations, 434 honor points.
Joined APSense since, September 23rd, 2016, From Ghaziabad, India.

Created on Jun 1st 2018 06:24. Viewed 469 times.

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