×
Real Estate In Delhi - Residential & Commercial Real Estate Projects & Property Prices for Real Estate Market Investment in Delhi NCR
The India’s national capital is the most populous city of the country, with people from different income groups dwelling in the city. Along with that, it also celebrates a rich diversity of people coming from all across the country for better education, job opportunities and better quality of life.
In the past few years, there has been a stable demand in the real estate market of Delhi . However, after the the RERA Act being implement, lockdown, and the national government’s housing schemes, the demand today is skyrocketing, especially in affordable housing.
However, with the recent infrastructure development in and around the National Capital Region (NCR) has brought investor confidence in the commercial real estate market in Delhi .
Why invest in Delhi's Real Estate Projects?
There are many reasons that make real estate investment in Delhi an excellent option. Improving infrastructure, increasing demand, better amenities, property diversity to choose from, and rapidly growing development in the suburbs of the city are to name a few.
Here are the top reasons:
Delhi is one of the most futuristic and developed cities of the country. The city has an excellent infrastructure in terms of schools, hospitals, IT parks, transportation, and facilities. This makes Delhi one of the best cities to reside in.
The national capital of the country is well connected to the world through the biggest International Airport in the country, and another is built on the outskirts of the city. Delhi has four central railway stations catering to a wide range of passengers on a daily basis and two major Inter-state Bus Terminals for interstate mobility in the nearby states of Haryana, Punjab, Uttar Pradesh, Rajasthan, Uttarakhand, and Madhya Pradesh.
Travelling within the city is a breeze; it is fast, efficient, and the biggest metro network in the country. Metros are available throughout the day at an interval of every five minutes making it quite convenient for movement within the city.
Delhi is home to most Fortune 500 companies that have their presence in the city or nearby satellite cities of Gurugram, Noida, and Greater Noida.
With an amazing service industry and world-class facilities for an enhanced quality of life, Delhi gives everything that you wish for.
Delhi houses India's best recreational spaces like malls, cricket stadiums, world-class restaurants, cafes, sporting arenas, and more that are vital for quality living.
The city has an opportunity for everyone to invest in its real estate projects, depending on their budget. From affordable 1BHK to a luxurious penthouse apartment, Delhi gives a vast number of options to choose from.
Real Estate Prices in Delhi
The most vibrant fact about Real estate property in Delhi is the price. Since there is a huge influx of lower and middle-income groups, Delhi has a wide range of affordable real estate projects . However, given to the upper middle and high-income group that has its fair share of the population, the city also entertains some of the most beautiful and amenities-filled luxury apartments at prime locations.
In case you are interested in commercial properties, real estate prices in Delhi NCR , like Noida and Greater Noida, will be affordable. The affordability comes into play considering the price in already developed Delhi and Gurugram.
Below are the reasons for the affordability in the real estate price of Delhi:
Group Housing schemes by government for the lower and middle-income group
Increased Competition
Regions across developing suburbs like Noida and Greater Noida
Diversified market and consumers
Lower interest rates in the national capital
Things to keep in mind while investing in Delhi
Delhi's real estate market is highly volatile, and the prices depend on several factors. No matter if you are looking for residential or commercial real estate in Delhi, there are some things that you should always consider before making a decent investment.
Look out for Delhi Development Authority (DDA) approved properties
Invest in properties that are registered with RERA
Do not trust any real estate agent; always go with a RERA-registered real estate consultant.
Define your investment goals since choosing the area you want to invest in is essential.
Know what your budget is and what your financing options are if you are looking to finance your property
Invest with reputed builders with a proven record of quality projects and timely delivery.
Compare different prices in the area of your choice before investing in the property
Market research is a crucial part of your investment journey.
Check out the legality of the property to make sure that it meets all the compliances set by the local authority.
Make an Investment in Delhi today
Delhi is widely known for its ability to provide livelihood to a large number of migrants. This has made it one of the most desired destinations for job seekers and students. Investing in a residential property will open doors for stable rental income along with a high return on investment. However, if you make a commercial investment, you have an opportunity to serve the demanding goods and services of the residents who enjoy higher rentals and appreciation over the years.
A growing developing suburbs with numerous blue and white collar jobs, easy and hassle-free movement in the city through a robust metro network, and an excellent connectivity through road, rail, and air, Delhi has everything you need.
Hence, this is the right time to get your investment done in Delhi NCR, given the increasing demand in the region that will skyrocket the price of the real estate sector in the region in the coming years.