Greater Noida: Worried about the process of ownership and resurrection delayed by developers, people who want to own houses in twin cities are increasingly investing in projects that have been occupied or where the registry has been executed.
Tracking demand scenarios and supply in the real world of the plantation sector said the transaction volume this year has exceeded expectations.
Data analytical companies show that buyers prefer units ready rather than buying flats that are given lower prices on projects that are still inhabited by these letters issued by the authorities after taking the cost of fixed prices before the sale of sales in the secondary market is falitive.
We have seen higher demand for property ready in Noida and Greater Noida.
Pending ownership, the bankruptcy process on developers and logjam in the implementation of the registry because it does not pay contributions has changed the preferences of buyers.
Previously, people wanted to move to a newly built unit that offered better facilities.
But now, they seem to tend to projects that are not trapped in legal tangles.
“Santosh Kumar, an officer about special tasks in the authority of the development of the Noida Industry,” the buyer said that the properties that were ready and owned by sales.
Allowed is the safest bet in the current market scenario.
Although such properties are available at premium and additional costs, buyers go for them instead of choosing a project that is incomplete at this time.
“Avinash Tripathi, Mitra Kumar in Noida Authority, while we cannot comment on the main sales market because we do not track transactions in the apartment under construction, the secondary market is not exposed to a pandemic as we expected.
Many flats have been sold to new buyers.
We observe growth which is stable in the secondary market.
“Sanjay Sharma, SKA group director, different.
“We have observed a 30% increase in sales in our project.
The family aspires to move to a larger and better living room after selling their existing units.
Also, there has been a request in the luxury segment.
The logography of the registry is a temporary problem.
Buyers Who knows this is engaged in the projects occupied.
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