November 12, 2014

Delhi – Invest in property and get good returns

Delhi, the capital city of India is the second largest city of India and is considered as the eighth largest metropolis in the world based on the population section. The population growth of this city is attributed to the migration of people from across India for job opportunities and hence this city has always been on demand for property in Delhi for sale. Owning to the migration from different cities, this city has become the cultural, political and commercial hub of India.

Invest in property and get good returns

Finding a flat or an apartment in Delhi is like searching for a pearl in the sea. Though you can easy find a house in Delhi-NCR and in outskirts, but it is very difficult to search for a new property in Proper Delhi. Most of the people who look for property are those who are wanting to make an investment, it may be a 2 BHK, 3 BHK and 4 BHK, or even a resale property, it can be either for a long term investment or a short term investment, whatever it is, the investment will definitely reap results.

People who are not able to get a Delhi flat for sale, they generally shift their focus to NCR cities. Here, they tend to get several options to invest and good deals from the developers.
In the last few years, Delhi has witnessed drastic changes; the development of metro has given boost o infrastructure development and has made travelling from one place to another an easy task. This whole transformation has led to high demand for residential properties.

Today, the developers and builders are looking at this demand as a challenge and are designing projects that are unique and innovate. All the projects that are constructed are mostly 2 BHK, 3 BHK and 4 BHK as demand for them is more. Most of these apartments offer amenities like gym, theaters, swimming pools, fitness centre, community hall, and kids play area to boast about.  Some of the areas that are famous among investors and home buyers are Rohini, South extension, Greater Kailash, and Karol Bagh.

One has a wide range of choice with apartment, flats; you can also choose villas, penthouses, duplex apartments. Row houses, and if you are a bachelor or a couple you can even opt for studio apartment.

Some of the projects in Delhi are:

•    Uppal Metro Park at Dwarka
•    Umang Water Hills in Dwarka Mor
•    Regalia in Dwarka
•    Parsvnath La Tropicana Villa in Civil Lines
•    Opus Danat A Pearl in Hapur Highway

Price trends:

The property rates in Delhi vary based on the location. In places like commonwealth Games village the rate is sky rocketing, it’s around Rs. 21,000 per square feet. In Dwarka Sector, the prices are somewhere between Rs. 8000 to Rs. 10,000. Uttam Nagar is the cheapest, as the price per square feet is Rs. 4,800.