The demand for flats and apartments has dropped drastically, almost all the localities of Noida. Besides wastage of tones of building materials such as sand at project sites, cement, paving materials, it has impacted people from all walks of life. But now after two weeks of hibernation and bright sunshine for ten days, the real estate market of the city has become as usual. Realty firms have again started adopting various innovative means to lure potential buyers.
The real estate sector is already stagnant due to sagging economic growth of the nation, The areas which used to be compactly occupied with advertisements displaying details of the housing projects have now not even one real estate hoarding. Development of Noida resale flats and other prominent localities such as Noida Extension, Sector 137 Noida, Sector 73 Noida, Sector 118 Noida have gone down beyond expectation. They are trying to attract people by offering discounts and goodies to sell these Noida apartments for sale.
According to realty experts, after sagging economic growth real estate prices go down and stay low for at least four to five months. As people don’t care about the investment, they postpone their buying decision immediately. So, in order to lure buyers, builders have started some promotional offers and discounts in properties. Buying resale apartments in Noida now any of the aforementioned localities can fetch an excellent ROI; Hopefully the real estate sentiments will improve very soon. The major advantage of going in for a resale is that would lie in buying a home in a strategic location where no new supply is coming in.
Finally, one should accept in mind that the Indian residential apartment is in a constant state of development. One is unlikely to find the facilities and comforts that are available in the newer projects on the market in an older building.
Real estate properties guide 