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Should I invest in Gaur City at Greater Noida West?- Property Hotline
Posted
July 11, 2016
Views
4,510
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8
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2
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0.22%
July 11, 2016
4,510
8
2
0.22%
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2:44Now PlayingBe Un Confused
Expert: Akash Bansal, Director at Liases Foras.
Question: I want to invest in Gaur City at Greater Noida West. Please tell me more about this project. Is it the right time to invest here? Should I wait for a price correction?
Answer: It is located in Sector 4, Greater Noida and is spread across around 125 acres. There are around 7 avenues in this project and around 1500 units has been launched ranging between 515 and 1855 sq. ft. The project was launched at Rs 1,850 in 2010 and is currently being quoted at Rs 3750/- So it has doubled in last 5-6 years. Present prices are also one of the lowest prices in NCR. The area has more than 150 projects, so there is huge supply. But most of the supply has been targeted the end users. So, if you are looking for end use / longer duration of investments, it is worth considering.
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