FAQs on Property Buying and Selling in Delhi/NCR

Logix Groups presents the projects in residential apartments by name Logix Blossom Greens and Logix Blossom Zest .

Buying property in Delhi NCR has become one of the prime motives of people these days. The areas have been flourishing for a long time now. People have been benefitting via investing into properties in this area. Builders and experts in the field of property selling and buying feel that investment in properties in Delhi NCR is the wisest investments one can make at present. Here is some frequently asked questions (FAQs) related to purchasing and selling property in Delhi NCR region:
Question: What is the future of projects in Noida Extension due to the current problems faced by the area?
Answer: It is true that the present litigation with farmers in Noida has created an impact in the property industry. However, this does not mean that buyers have to incur losses. Understand that the litigation is restricted to just 150 hectare as compared to the huge 2000 hectares of Noida extension area. It is wise to get in touch with your property dealer to get a crystal clear picture on the whole matter.
Question: What is the present market value for 100 square yard plot in Gurgaon in sector 27? Is it wise to sell it now?
Answer: Sector 27 is known to be one of the most happening places in Gurgaon due to its close proximity to commercial hub and NH-8. Plots in this locality are available for Rs. 80,000 – Rs. 90,000. Plots with higher accessibility to facilities and locational benefits such as road width, park facing houses are in huge demand. You can sell your plot at a good price now.
Question: Does it make sense to buy a flat in Faridabad in the Nehar Par area? What will be the future here in the next 5 years?
Answer: It is a good idea to purchase a flat in this area. Many residential plots have started here. The locality is great. It is a beautiful blend of villas, multi-storey apartments, independent plots, floors and a lot more. The latest development in Nehar Par area of Faridabad has resulted in properties selling like hot cakes. The prices are also rising at a good pace. The latest developments in Ashok Vihar have also resulted in increase in profit prospects of property investment. However, there are certain things you require keeping in mind in this regard:
• Make sure that the project is 100 percent free from litigation
• Project location is well connected
• Plot investments are better that multi-storey apartments
Question: What is the exact price of 2BHK DDA/society flat in Dwarka (1st Floor)?
Answer: You can easily find 2BHK apartments in Dwarka in sector 4,6,7 and 17. The size ranges between 950 and 1200 square meter. The capital value of apartment in this area ranges between Rs. 5,300 and 8,000 per square meter.
Question: What is the future of property market in Kundli and Sonepat?
Answer: The residential market value of Kundli and Sonepat has not seen significant improvement in the past few years. The pace has been slow. It is better to invest in other residential markets such as Gurgaon, Noida, Ghaziabad and National Capital Region (NCR).