On plot price movements in Gurgaon and NOIDA

I dont think Gurgaon and NOIDA plot prices will match Delhi prices in 10 years.

Plots in GGN and Noida are mostly in the hands of investors and are not being built upon. This trend will continue for at least 15 years.

Delhi plots are already built and in most cases re-built as builder floor. Prices upwards of 3L plus psy - GGN and Noida max 1-1.5L psy in best areas.

As GGN and NOIDA appreciates, Delhi will also appreciate in line to maintain difference.

After 15 years I expect DLF rates to be same or similar to South Delhi, after good amount of end user construction. Maybe will take even 20 years.

10 years is too small a time frame for this to happen.

People with plotted house in GGN are not happy - security is poor and water electricity and road woes.

People are selling kothis and moving to posh apartments - putting a cap on the plot price.

For plots in GGN and NOIDA, HUDA/NDA plots will not have as much value as Jaypee/Vatika etc who have integrated township plans. Only those plots will command premium because they are part of township and problems will be properly solved.

More and more people are going to abandon the Kothi style of living for apartments in Delhi as the advantages become clear over the next few years.

Building own Kothi in own plot is anachronistic and will die down. It came up in 60s and persists till now in Suburban USA because land was very cheap and abundant in USA and promised a good life.

In India, apartment life will be found to be better than kothi (kothi is not exactly a villa though called villa - our so called villa is very different from the Western concept of villa which has ample garden space >4-5 times built up space).

Still, plots in GGN and NOIDA will appreciate better than flat - so worth investment