Reality Bytes

Reality Bytes

10 Feb, 2014

Last year has been a mixed bag, consisting of some highs and lows for the real estate industry. This sector is governed by several factors like the growth of the economy, stock market and overall consumer sentiments. 

On the back of strong economic fundamentals and demand, the real estate sector can be revived. Developers are of the view that in the New Year, infrastructure and construction activities will improve the scenario and growth momentum will improve as compared to 2013. According to the industry stalwarts, General elections will also play a crucial role in perking up the spirits of buyers, realtors and developers. 

Gaurav Gupta, General Secretary, Raj Nagar Extension and MD, S G Estates

Raj Nagar Extension has seen an increase in the buyers’ sentiment for affordable housing projects during the second quarter of the year. We have seen 4000 end-users moved to Raj Nagar Extension by December 2013.

As the countdown for 2014 has already begun, every developer and buyer is hopeful for a better economy this time. It is expected that Ghaziabad will have a robust infrastructure by 2014 as the UP Government has already announced the investment and plans for highways, peripheral roads, schools and colleges. By 2014 we expect these to be accomplished and operational. We expect the real estate market will be stable in the first quarter and then an increase in the sentiments of the buyers propelling to the investment in residential and commercial projects.

Source- 99acres.com
URL-http://www.99acres.com/articles/investment/521-real-estate-to-witness-strong-demand-and-improved-sentiments-in-2014-experts-say.html

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Sector- 2B, Vasundhara

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Rajnagar Extn. Ghaziabad

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Govindpuram

     
 
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