In many pockets of the Delhi-NCR region the prices of the flats have dropped down by a record mark Especially the apartments that now made are made available to the customers at a price that is 50 percent than the current price. The average prices of the Gurgaon flats have went down by 30 percent and in NOIDA by 15 percent since the year 2007.The effect of the global crisis on the Indian residential real estate market was actually marked in the second half of 2008 with the sale of apartments and villas in the Delhi-NCR regionto come to a stagnant situation. To be found out especially in the third quarter, between October and December 2008, the total number of new units sold in Gurgaon came down to an all time low of 256, as shown in the chart. As per the record of PropEquity, by June 2009, Gurgaon had an unsold supply of 17,680; Ghaziabad had 17,028, and Faridabad 11,026. Interestingly, the unsold supply in Noida and Greater Noida is very low as developers effected a sharp price correction.

The recent it is almost is reflected in the pricing policy of DLF which has sold down their entire block of 1,400 apartments in the Motinagar Delhi at a price of Rs.4,500 per square feet. The same is the situation with Jaypee group who have sold their 3,000 apartments at Rs.2,100 square. On the other hand the slowdown had made a large impact on the process of the timely delivery of apartments. The lack of finances and small amount of demand in the Delhi-NCR regionforced developers to go slow in implementing projects, which were launched earlier. Reports suggest that amongst the cities witnessing the maximum number of delays in project completion is Ghaziabad and Gurgaon where the highest percentage share at 71% of their projects are delayed.

Meanwhile, for those who don't know Orange County Indirapuram Ghaziabad offers a heavenly range of residential properties to their prospective buyers. Surrounded by open lush green pastures, the place can be definitely hailed as the residential abode on Earth. Moreover, factors like lovely ambiance, ample open space and sufficient greenery are enough to comfort anyone's mind, body and soul.

Undoubtedly in the past few years, Indirapuram in Ghaziabad has been an area of interest for both buyers as well as sellers of residential properties. Taking cue from the success of Orange County Indirapuram Ghaziabad, many real estate developers are now stepping forward to address the issue of rising demand of residential properties.

So, it can be said that thereal estate in Delhi-NCRregion, especially inOrange countyIndirapuramGhaziabadhas caught every one's eyeballs and it is one of the suitable place to carry on our lifestyle.