Residential Market Summary for Delhi NCR - September 2007
Posted on September 23, 2007
Filed Under India Property Residential, India Property Trends | 0 comments
In their report titled “Residential Snapshot New Delhi”, Cushman & Wakefield have suggested sluggish purchase activity (especially in NCR suburbs). Central and South West Delhi still show stable purchase activity.
Even in this time of slowdown, there are about 2600 new apartments which will be launched in 2-3 years in Ghaziabad, Noida, Greater Noida and Gurgaon.
Gurgaon has seen negative growth in the last six months and is quoted as a falling market area.
(Source: Cushman & Wakefield)
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