There is a projected area requirement of almost 95 billion sq. feet between 2010 and 2020 across the various real estate segments. This means that manpower requirement has become one of the most critical elements that will drive this growth. This is good news for everyone who is pursuing a real estate career.
In our view, this ruling will probably lead to a higher degree of disputes between buyers and developers, but will not necessarily result in cancellations. In certain areas, there may be viable alternatives to new constructions available on the resale market. If such options exist, buyers can definitely consider those options.
Overall, it can be said that the realty market at Noida Extension has actually emerged unscathed out of the whole controversy. This is because the area continues to have unique selling point of location for affordable housing when compared with Noida and Greater Noida.
Talegaon is recognised as a good residential property investment destination, especially by investors from Mumbai. Such investors look for 3 BHK flats and rowhouses, while the local demand is skewed towards 1 and 2 BHK configurations.
So far, 2012 has been a challenging year for most of the key sectors of the Indian economy – the retail real estate sector has not been an exception. The demand in terms of net absorption has remained subdued in 1H12 amid careful expansion by retailers.