In the last few decades the leading metros of India have witnessed real estate boom. These urban centres evolved as the foci of economic dynamism in our country and thus presented enormous opportunities for growth and employment to the people. The cities such as Delhi, Mumbai and Bangalore among others saw continuous waves of in bound migrations. The demand for basic amenities to support the growing population base also intensified. While Mumbai evolved as Greater Mumbai, Delhi developed its own geographical extension in the form of NCR or ‘National Capital Region’. With the shooting up of demand, Delhi NCR real estate sector reflected exponential growth patterns and the property began to change hands at a much frequent pace!
The ‘urban sprawl’ of Delhi was omni directional and the expanses were driven towards the existing satellite towns in the neighbouring states of Haryana, Rajasthan and Uttar Pradesh. The rural hinterlands of Delhi were transformed into an urban landscape and thus generating ‘urban continuums’. The agrarian economic patterns gave way to more lucrative real estate deals from which the farmers benefited a lot reflecting one of the most prominent features of any urbanization story around the globe! Real estate companies in Delhi and elsewhere geared to garner the profiteering potentials of this region by launching new residential projects Noida.
AMR Infrastructures 