Delhi NCR + Pune Market Outlook
Friday, February 26, 2010
Here is an OUTLOOK for Delhi / NCR and Pune Residential Property Market.
New Delhi 8,000 25,000+ [Rs /sft] Capital of India and important economic center. Should see some improvement with a broader economic recovery. Prices likely to inch up through the year.
NCR - Gurgaon 2,700 6,000[Rs /sft] Important suburb of Delhi and large IT/ITeS center. Prices have stabilized and are likely to inch up by 2H10.
NCR - Noida 2,500 4,500 [Rs /sft] Likely to lag Gurgaon by 3-6 months. Prices have stabilized and are likely to inch up by 2H10.
Pune 2,800 7,000[ Rs /sft] Emerging as alternative to Mumbai and rise of the IT/ITeS center. Tends to lag Mumbai by 6-12 months. Prices have stabilized and are likely to inch up by 2H10.
New Delhi 8,000 25,000+ [Rs /sft] Capital of India and important economic center. Should see some improvement with a broader economic recovery. Prices likely to inch up through the year.
NCR - Gurgaon 2,700 6,000[Rs /sft] Important suburb of Delhi and large IT/ITeS center. Prices have stabilized and are likely to inch up by 2H10.
NCR - Noida 2,500 4,500 [Rs /sft] Likely to lag Gurgaon by 3-6 months. Prices have stabilized and are likely to inch up by 2H10.
Pune 2,800 7,000[ Rs /sft] Emerging as alternative to Mumbai and rise of the IT/ITeS center. Tends to lag Mumbai by 6-12 months. Prices have stabilized and are likely to inch up by 2H10.
posted by Webmaster @ 8:20 AM
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