Mid-range homes in lot of demand in NCR region

By Accommodation Times News Service

Being one of the most developing regions, NCR has still several projects that suits the pocket of the mid income consumer. The data shows that maximum demand during the Jan-Mar 2013 quarter existed for properties in the Rs 40-60lakh range. The same trend was noted in the Oct-Dec 2012 quarter as well even though demand dropped by 2% in the present quarter.

A very healthy demand is been observed for properties in the range of 20-40lakh with almost 23% buyers showing interest. If we see the demand and supply ratio, supply in the 40-60lakh range matched demand while the Rs20-40lakh witnessed an oversupply with availability being higher by higher 4%.

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