Tuesday, April 14, 2009

Engine of growth is still going strong in Indirapuram

Indirapuram realty still buzzing with activity
Economic Times - 3 Apr 2009, 0603 hrs IST, Vivek Shukla, ET Bureau

Even though real-estate market is facing crunch time across the country, the engine of growth is still going strong in Indirapuram. While it is true that the slump has also hit this bustling area, it has managed to withstand the onslaught of slump... As of now, projects of several builders like Gaursons, SVP Group, Mahagun, Amrapali, Ashiana, Parsvnath, Express Builders, Krishna Apra, Jaipurias, Agarwal Associates and SVP Group are in various stages of completion or are already completed. The best thing about Indirapuram is that all these facilities be it malls, hospitals or schools are all in a radius of a few kilometres...

Indirapuam is still seeing activity in the realty market, owing principally to the prices, which are lower than those prevailing at Noida and Gurgaon ,“ says Amit of Supertch. Generally, in societies the prices start from a range of Rs 2,900 to Rs 3,200 per sq ft... There are no dearth of hospitals, clinics, malls and schools in and around Indirapuram. Moreover, there are several plans in the pipeline to widen NH-24 and develop Habitat Centre on the lines of India Habitat Centre in Delhi.