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| Gurgaon And Noida |
Investment in real estate in the long term is always rewarding. Among all the asset classes, the long-term real returns from real estate are the highest. But for this, one must find out the right areas to invest. In the Delhi NCR, there are a number of pockets, where the return can be very good.
A DTZ report says that due to the scarcity of developable land in the main city of Delhi, the real estate activity shifted to the peripheral locations of Gurgaon and Noida.
The report said that the primary difference between Gurgaon and Noida lies in the level of planned development, and the rate of growth of the region. While Gurgaon saw faster development due to the growth of the service industry—primarily IT/ITeS—owing to its proximity to the airport, the development was more haphazard, with poor physical infrastructure. Noida, on the other hand, has far more planned urban infrastructure, with clear demarcations of different residential and commercial sectors.
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