Developers expect home prices to rise by 25% in Noida Extension
Real estate developers expect home prices to rise by at least 25 per cent in Noida Extension.The prediction comes as the government has lend approval to Greater Noida master plan.
The leading developers are hopeful that demand would be much higher and there would be an opportunity for both investors as well as end users.
National Capital Region Planning Board (NCRPB) has given its nod for master plan, which was made mandatory by a court order in October 2011 for any construction activity in Noida Extension.
Property consultant Jones Lang LaSalle (JLL) India also predicts that although prices would go up in Noida Extension, rates would still be cheaper than Noida and Greater Noida.
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