Mr. Vikas Raj Sharma Jt. MD Cosmic Structures Ltd

About Vikas Ji & his take on success...

Ans: I am a management graduate who has an experience of more than 19  years in Sales and Business Development. At Cosmic Group along with being one of the directors I am also responsible for Sales and Business Development.
In today's competitive world the only way to success is hard labour and efforts. As the saying goes ' there is no substitute for labour' and this is the only mantra for success. I have worked my way hard and contribute success to the good wishes of my elders and friends.

Mr. Vikas Raj Sharma,  Jt. MD Cosmic Structures Ltd.

Please give details about your projects in Greater Noida ?

Ans: In Greater Noida we at Cosmic are planning to bring a world class commercial project by the name of 'Cosmic Cruise' . The project will be an innovative project which would be designed to give the look of a cruise and the water bodies, sand and palm trees will complete the look. The project will have state of art corporate office spaces with luxurious amenities. The project will also have luxurious villas and studio apartments which will make 'Cosmic Cruise' a one stop destination for all.

Whats your opinion on real estate scenario in Greater Noida?

Ans: Greater Noida is a growing realty destination with multiple developers developing projects here. Greater Noida today has become on eof the most sought after place for realty investment. Connectivity to Noida and Delhi by wide expressway, advent of metro, proposed night safari, the newly constructed Yamuna Expressway which has enhanced the connectivity of Greater Noida with places like Agra and Mathura and finally the Formula One-1 race track have all helped Greater Noida to grow as a preferred destination for real estate demand.

 How has been the real estate market in last five years? why

Ans: Last 5 years have been a good phase for real estate. In last 5 years the sector has witnessed increasing demand and launch of many new projects. The phase has also seen an equal growth of affordable and luxurious dwellings in the residential sector which is a good sign for the sector. The reason behind the stupendous growth of the sector is that people have understood the importance of investing in the realty sector as this can give maximum returns. Secondly the sector has also witnessed availability of houses in every segment which has helped increasing the demand. These all have helped realty sector to grow manifolds and a major contributor to country's GDP.  

Where will the market go in next 5 years? why ?

Ans: Experts believe that the market and demand will double up in next 5 years. There is a major demand which is still there unfulfilled. A major demand for affordable housing is still not catered. And with the increase in income the aspirations have also been increasing hence the demand for luxurious dwelling is also going to increase.

What are the areas /projects which are in good demand in greater noida? What are the areas which are not so much in demand and whats the reason for it?

Ans: With planned infrastructure, wide road connectivity, metros, presence of malls and huge commercial centers makes any place in Noida as the most preferred destination for property seekers. With the availability of projects for every segment anything in and around Noida is bankable and will remain in Demand.

Can you suggest investment in residential projects within R40 lakh bracket anywhere in Greater Noida? 

Ans: Most of the projects still have option under 40 lac bracket in Greater Noida. What one should look into is the required size and the location of the project. Though I would suggest that one should invest in Greater Noida as soon as possible as the prices are on a rise hence one can also gain good return from his investment if he invests soon in near future.

Do you think Yamuna expressway presents a great investment opportunity? why?

Ans: Yamuna Expressway will be the most sought after investment zone in few years. With the availability of affordable housing along with world class infrastructure and connectivity through Yamuna Expressway makes it a preferred destination. Formula-1 has already highlighted it on the world map. I feel these all make it a great investment zone.

How is the property market here as far as plots are concerned? Do you see home buyers showing more interest in plots rather than flats/apartments and villas? 

Ans: Plots and Flat buyers are two different segments in Indian Residential demand and both have their benefits. People who prefer living in joint families and also prefer to have green gardens etc will prefer plotted developments. But in metros the number of nuclear families have been on an increase and people with small families are on an increase. Secondly there has been a major increase in migratory population due to employment which prefer staying in flats or apartments. If one closely see the kind of projects we at Cosmic Group are developing then one can clearly see that we are developing commercial and residential with Villas, Penthouses, flats and studio apartments as we understand the demand for every segment in the realty sector.

Tag: Cosmic Group, Residential project, Yamuna Expressway, studio apartments, Villas, Penthouses, flats, Plots, Cosmic Cruise, cosmic group review, Vikas Raj Sharma