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Title: :  Influence of Real Estate Sector Market in Delhi/NCR
PaperId: :  13443
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 4 Issue 2 2018
DUI:    16.0415/IJARIIE-13443
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Smita BhatiaResearch Scholar of Sri Satya Sai University
Dr. Urvesh ChaudheryResearch Supervisor of Sri Satya Sai University

Abstract

Marketing
Housing Market Growth, Sprawl, Real Estate Investment, Appraisal, Brokerages, Net Leasing, Property Management, Real Estate Marketing, Relocation Services, Corporate Real Estate.
The High Court ordered the Uttar Pradesh government to return to farmers land acquired in the three villages of GautamBuddh Nagar district and pay higher compensation, which could be up to 64.70 per cent of the compensation paid earlier, to affected farmers of other villages. Existing buyers would be kept immune from cost escalation. But, there will be some price rise for future projects on account of rise in costs of land and construction materials. The delay of about three months in construction works due to the ongoing legal hurdles will also leave an impact on the pricing of the future projects. The prices for future projects could rise by 10-15 per cent. The higher compensation ordered by the court would be borne by the Greater Noida Industrial Development Authority (GNIDA). It will be unfair if the extra compensation to farmers is passed on to builders. The real issue is not the price paid for the land acquired. Even if farmers get Rs1 crore per sqmetre they will be resentful if they find five years after they sold that the price of the same land has escalated five times. Yet, escalation is unavoidable as land prices in India tend to be depressed. For agricultural land to be used for non-agricultural purposes such as manufacturing or real estate development, a 'non-agricultural use clearance' from the local authority or state government is needed. It is only after such conversion that the land's price begins to rise.

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IJARIIE Smita Bhatia, and Dr. Urvesh Chaudhery. "Influence of Real Estate Sector Market in Delhi/NCR" International Journal Of Advance Research And Innovative Ideas In Education Volume 4 Issue 2 2018 Page 4906-4911
MLA Smita Bhatia, and Dr. Urvesh Chaudhery. "Influence of Real Estate Sector Market in Delhi/NCR." International Journal Of Advance Research And Innovative Ideas In Education 4.2(2018) : 4906-4911.
APA Smita Bhatia, & Dr. Urvesh Chaudhery. (2018). Influence of Real Estate Sector Market in Delhi/NCR. International Journal Of Advance Research And Innovative Ideas In Education, 4(2), 4906-4911.
Chicago Smita Bhatia, and Dr. Urvesh Chaudhery. "Influence of Real Estate Sector Market in Delhi/NCR." International Journal Of Advance Research And Innovative Ideas In Education 4, no. 2 (2018) : 4906-4911.
Oxford Smita Bhatia, and Dr. Urvesh Chaudhery. 'Influence of Real Estate Sector Market in Delhi/NCR', International Journal Of Advance Research And Innovative Ideas In Education, vol. 4, no. 2, 2018, p. 4906-4911. Available from IJARIIE, http://ijariie.com/AdminUploadPdf/Influence_of_Real_Estate_Sector_Market_in_Delhi_NCR_ijariie13443.pdf (Accessed : 06 January 2021).
Harvard Smita Bhatia, and Dr. Urvesh Chaudhery. (2018) 'Influence of Real Estate Sector Market in Delhi/NCR', International Journal Of Advance Research And Innovative Ideas In Education, 4(2), pp. 4906-4911IJARIIE [Online]. Available at: http://ijariie.com/AdminUploadPdf/Influence_of_Real_Estate_Sector_Market_in_Delhi_NCR_ijariie13443.pdf (Accessed : 06 January 2021)
IEEE Smita Bhatia, and Dr. Urvesh Chaudhery, "Influence of Real Estate Sector Market in Delhi/NCR," International Journal Of Advance Research And Innovative Ideas In Education, vol. 4, no. 2, pp. 4906-4911, Mar-App 2018. [Online]. Available: http://ijariie.com/AdminUploadPdf/Influence_of_Real_Estate_Sector_Market_in_Delhi_NCR_ijariie13443.pdf [Accessed : 06 January 2021].
Turabian Smita Bhatia, and Dr. Urvesh Chaudhery. "Influence of Real Estate Sector Market in Delhi/NCR." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 4 number 2 (06 January 2021).
Vancouver Smita Bhatia, and Dr. Urvesh Chaudhery. Influence of Real Estate Sector Market in Delhi/NCR. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2018 [Cited : 06 January 2021]; 4(2) : 4906-4911. Available from: http://ijariie.com/AdminUploadPdf/Influence_of_Real_Estate_Sector_Market_in_Delhi_NCR_ijariie13443.pdf
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