CREDAI: 45,000 Flats Ready to Deliver in Noida & Greater Noida by the End of March 2017

CREDAI: 45,000 Flats Ready to Deliver in Noida & Greater Noida by the End of March 2017

According to the builders’ body CREDAI, about 45,000 flats in Noida and Greater Noida are set to deliver by the end of March 2017. The body claims that 25,070 units have already been delivered this financial year so far.

According to the sources, the president of CREDAI Western UP Deepak Kapoor said that we have compiled the database on the basis of inputs from the developers operating in Noida and Greater Noida. While many of them are giving possessions, the remaining will hand over the units by March 2017.

In the first quarter of the financial year 2017-17, the National National Capital Region (NCR) had a bunch of 2.65 lakh unsold housing units in the highest among major cities, according to the Laises Foras, with Noida and Greater Noida being the worst affected sub-cities.

In comparison to last year, the sharpest drop has been recorded in new launches at 41% in the first half of 2017 in NCR. According to property consultancy Knight Frank India, as developers focused on completing existing projects.

News Source: http://realty.economictimes.indiatimes.com/news/residential/45000-more-homes-to-be-delivered-in-noida-gr-noida-by-march-2017-credai/54348276

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