Here's Why Shahberi Could Be A Cash Cow Property For You

Shahberi, Noida Extension, is garnering buyer interest as property prices are comparatively lower than other areas in Delhi and national capital region (NCR). Moreover, it enjoys proximity to Noida, Ghaziabad and Greater Noida. This fuels the demand for plots and apartments in Shahberi.

An affordable abode

Noida Extension is the perfect residential area for those looking out for mid-segment properties. Shahberi being part of Noida Extension enjoys good road connectivity and accessibility to three major cities- Noida, Ghaziabad and Greater Noida. The locality is self-sufficient with good social infrastructure with 44 schools, 12 hospitals, 26 banks, 37 ATM branches and 42 restaurants. This explains an increased demand for apartments in Noida Extension.

New Projects in Shahberi

The affordability factor makes Shahberi a budget friendly choice and developers have taken the cue. Some noteworthy developments in Shahberi include Aarvanss Infrastructure, VVIP, Pure Vision Construction, Investors Inn, Maan Properties, Dewa Group, VPA Infratech, APS Group, Arsh Group and National Employee Housing Society. The projects are available in different configurations ranging from 1 to 4BHK  units. The size of the apartment varies within the range of 250 sq ft to 3,987 sq ft. As per data with PropTiger, Shahberi has six ready to move in projects and another four are under construction. This gives ample choice to home buyers to opt from a range of configurations and prices.

Appreciation in property prices

In January 2016, the property prices in Shahberi were Rs 3,141 per square foot. This rose to Rs 3,223 per square foot in September 2016. This price increase, despite the lull in the real estate sector, is an indication that you can bank onShahberi for its strategic location and future prospects.