2 BHK in Noida is in Great Demand Between First Time Buyers

In the 1980s, a small family car referred to as Maruti modified the means of the Indian middle economic class lived. Before that folks lived in sprawling homes with open courtyards, ensconced in green lanes. The necessity to guard the car gave rise to the thought of gated communities with 24×7 security. Families scampered to amass the standard 2 bedroom hall kitchen (universally referred to as 2BHK), initially compression in the entire family, and later nuclear families with small children where a third bedroom wasn't a necessity.

Indian real estate has come long way a protracted means since then however the keenness for the 2BHK in Noida remains. As the CMD of Amrapali Group Mr. Anil Sharma gave the statement that the 2BHK did well as they have a tendency to draw the attraction of the first time customer, particularly newly married, the young or those embarking on an expert life. The utmost demand for these units is from the nuclear families happiness to the middle income group.

Presently, the demand for 2 BHK in Noida surpasses demand for all different housing configurations in most cities. Take for instance the capital Delhi. As per knowledge from some of the property portal site the quarterly index, in the past four quarters, the utmost demand was witnessed for 2BHK residential flats/ apartments and provide consummated this demand. Except for Gurgaon, where preference canted towards 3BHK, and most pockets in the city and growth corridors like Dwarka Expressway, Noida Expressway, Ghaziabad and Noida Extension saw the 2BHK attract most customer demand.

North Delhi rules the roost once it involves the demand for 2BHK units, particularly areas like Rohini and Pitampura. In the month between April to June 2012 quarter, forty five percent demand was registered for 2BHK resulting in a shortage in offer. As the MD of Omaxe Group Mr. Rohtas Goel stated that the 2BHK in Noida ensures an honest return on investment. These flats are low on maintenance, nonetheless usher in an honest appreciation rate.

The average worth of a 2BHK in the size bracket of 1000 sq ft in Dwarka would be concerning Rs 8000 to 10000 per sq ft. In Mayur Vihar, it would price somewhere between Rs 10000 to 13000 per sq ft; Rs 5000 to 6000 per sq ft in Indirapuram and Rs 4500 per sq ft ahead in Noida Expressway. In Rohini and Pitampura, the values begin at Rs 12000 per sq ft onwards.

Today, most developers claim 55 to 60% of their current inventories is 2BHK units. This reinforces the actual fact that the pot of gold lies at the bottom of the pyramid!

As, we PropTiger is counted one of the distinguished real estate advisory firm who strongly believes in helping our Indian families to purchase their dream home as per their budget and pocket. As we provide the gratifying services in real estate in various zones of India.