Investment in property has always been a profitable option and with the growth of real estate industry, there has been a sudden increase in property investments. Delhi is the home to many multinational companies, bureaucrats and politicians. Also, heavy migration of people from across the country has fueled up property demand.
Buying a property in Delhi is a wise decision because you can have long term appreciation given the demand and supply mismatch. The city’s infrastructure has improved tremendously with the advent of Metro Rail service. The proposed New Delhi Master Plan 2010 has all those ingredients that would make it a world class city. New Delhi has good schools, colleges and other reputed institutions that offer a wide range of academic courses ranging from technical, management, medical, art and other specialized courses. Thus, companies based out of Delhi have access to abundant local talent pool.
Delhi continues to draw a large number of real estate investments despite reaching a mature stage in the real estate sector. Foreign investors and NRIs living abroad are now looking at Delhi from investment point of view where they have the option to invest in luxury flats, apartments, home, villas, penthouses, farmland and bungalows. Delhi offers world class commercial and residential property be it apartments, retail space, builder floors or independent houses.Demand for real estate at this stage is a combination of investor-led demand and end-user demand. While investor demand is due to shift in money from equity markets, end-user demand is due to increased consumer confidence and pent-up unmet demand from the recession period. This leads to a rapid increase in demand for real estate and a corresponding increase in property prices. And this trend could be seen easily in Delhi.
The economy of Delhi is expanding day by day with the establishment of more industries and influx of more investments in the city. A huge share of all the major industries & companies is very prominent in Delhi.
first of all..choosing the right property for investment is very important. The property market in Delhi is very vibrant & in huge demand today. It has become a major center of attraction for both investors & builders..
ReplyDeleteNewbuy