subject: The Developing Satellite Townships Around The Metros [print this page] Whenever there is a discussion of the real estate prosperous growth coming to the metro cities to Tier 2 and Tier 3 cities the brainy financier can still find a real worth of this industry and double rate growth- in some specific regions of Indias greatest cities.
Noida (Delhi NCR)
Noida is not counted among the categorized commercial region, but its precise master plan and exceptional infrastructure, its popularity comes above than other NCR areas for instance Faridabad, Gurgaon and Ghaziabad. Stimulated by 4 sided connectivity to Delhi, Nizamuddin, Ghazipur and SaritaVihar, construction of residential and commercial properties in Noida, Greater Noida and Indrapuram is stirring at a chaotic speed. In comparison with last year property prices, Noida has got a 30-50% increase in rates.
Informal connectivity to Delhi via the Noida Expressway is the prime factor that certificates Sector 93-Ato command higher prices than other sectors of the Noida Township. Major software companieslike Wipro, Infosys and HCL, large MNCs like Accenture and GE are buying land in Noida to buildtheir development centres. Numerous health parks upcoming along the Expressway, which willincrease the value of the particular area in the near future. Additionalrise in rates is predictable whenthe International airport comes up. The Metro too is already connected to Delhi and Noida.Parsvnath, ATS Greens, Krishna Apra, Supertech, DLF, Assotech, all have exclusive propertiescoming up which are worth checking out. Unitech has entered the market with two higher-endsresidential projects - The group is, in fact, targeting Non Resident Indians (NRIs) with its NRI City project inNoida.
Navi Mumbai (Mumbai)
Navi Mumbai is visualized as a kioskmagnet to the current city of Mumbai. Both capitalprices and rentals in the city are touching the sky, and business organizations are searching itprogressivelytough to cope up with the large property values. In view of its fast improving
connectivity, Navi Mumbai is an excellent option.
Kolkata
The Kona Expressway is one of the most auspicious growing passage ways which have come up ingrowing Kolkata in recent years. The 7.3 km long Expressway beginning at the west of Vidyasagar Setu and ending on NH 6 at Nibra (Kona) is a dispersal route for traffic out of Kolkataand Howrah, providing a far better alternative to both Andul Road and Makardah Road. It beginsless than a 15 minute drive from Dalhousie and Park Street, the central business zone.
Ring Road, Bangalore
All it takes in any part of Bangalore to see a real estate boom is a new road and the Ring Road is the latestto catch the realtors fancy. The Outer Ring Road between Mysore Road-Magadi Road, which saves about 13 Kms of extra journey to travellers, is among the most popular new areas. Also important is the Peripheral Ring Road (PRR) project of 117 kms. The international airport and themetro rail are also adding value to the South - East Bangalore area. Sarjapur Road/ Outer Ring Road in south-east Bangalore will continue to be a preferred location for IT/ITeS employees, due to the excellentconnectivity to office destinations and the improved infrastructure,
