Improving infrastructure. (Shravan Gupta EmaarMGF)

Review On Emaar MGF, Delhi

Private sector will revamp the NCR’s environs, bringing in the much-needed impetus to the sector.

According to realty experts, the impact of the subdued economic sentiment and the rising inflation rate on the realty market, and the attractiveness of a city’s business environment, can largely be gauged by evaluating the health of commercial realty in that city.

The popularity of the Delhi NCR as an investment destination can be gauged from the fact that Connaught Place has emerged as the fourth costliest commercial office market in the world.

Impact of improving infrastructure: New and forthcoming growth corridors along Gurgaon and Noida like Yamuna Expressway, Noida Expressway, and Dwarka-Gurgaon Expressway have recorded tremendous increase in commercial and residential activities in the past few months and will continue to drive the commercial market activity.

The forthcoming Faridabad-Noida-Ghaziabad Expressway, Southern Peripheral Road, and Kundli- Manesar-Palwal Expressway are other major corridors that are registering high-grade commercial development.

Amenities, travel time to commercial districts, connectivity to various parts of the city, and quality of public transport and infrastructure are decisive factors that influence the capital values of developing commercial markets.

Realty players like DLF, Ansal API, Ansal Housing, Assotech Realty, Antriksh, Paras Buildtech, Microtek Infrastructures, Supertech, Amrapali, Gaursons India Ltd, RMS, EMAARMGF, Shri Infratech, Cosmic, Premia, etc, are coming up with new commercial projects in the NCR.

DLF recently launched Prime Towers in Okhla, which offers a smart opportunity for those looking to expand or relocate their business premises to south Delhi. Prime Towers, with eight floors and spread over 4.82 acres, promises spacious and ultramodern freehold units that are suitable for big retail brands

---