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Residential units has a long way to go in Manesar

1 Comment Sub Category:Delhi-NCR,Residential Real Estate Posted On: Aug 30, 2012

Manesar, the industrial hub in Haryana that houses several automobile factories has a huge demand for residential units. However, there is very less number of houses which are ready to shift into right away.

There is a shortage of houses and the recent unrest at the Maruti Manesar factory has made the situation worse. Residential units are either in the planning stage or are under construction.

There are 40,000 workers working at Manesar and despite having high demand for residential units, there are only 500-odd units by Haryana State Industrial Development Corp (HSIIDC).

Although commercial realty is growing, it will take few years for residential units to come up in a big number so that demand could be met by supply.

To read more real estate news:

Gurgaon becomes the prime commercial destination

 

 

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