Property in Delhi NCR
Delhi, the Capital of India, can also be termed as the capital of real estate sector in Northern India. The city creates millions of jobs every year and welcomes lakhs of migrants which is why it is the second most populous city in India. Despite being so populated, Delhi manages to accommodate people because of its growing real estate sector. Delhi also boasts of a well-developed physical and social infrastructure comprising of super-specialty hospitals, world-class schools and colleges, parks and recreation centers, malls and multiplexes.
Flanked by Noida, Ghaziabad, Gurgaon and Faridabad, Delhi enjoys a wonderful geography. This is further complemented by wide roads, national highways, flyovers, subways, expressways and an intricate network of internal roads. Delhi Metro is the lifeline of the city and connects most of its parts with each other and also with the neighbouring cities of the National Capital Region (NCR).
Property in Delhi comprises of both residential and commercial options. Due to the sharp rise in property rates in the central parts of Delhi, investors are more interested in areas that are still in growing stage such as Dwarka Mor, Uttam Nagar, Sangam Vihar, Aya Nagar, etc. Since these areas are very well-connected to other parts of Delhi/NCR and the rates are still affordable, they are also good for buying residential property in Delhi. As opposed to these, Lutyens Zone, Greater Kailash, Karol Bagh and Defence Colony are among the highest prices residential localities in Delhi.
When we say Delhi NCR, we talk about the National Capital Region as a whole which includes Delhi, Noida, Greater Noida, Ghaziabad, Faridabad and Gurgaon. It may also include the upcoming locations such as Greater Gurgaon, Manesar and Sahibabad. The best part of Delhi NCR real estate is that it is always under the radar of RERA and other regulatory framework, hence offering a safe investment to the customers. One can find properties in different stages from pre-launch to new launch, under-construction and ready-to-move.
A robust physical infrastructure is what makes Delhi NCR the perfect realty investment destination. The entire territory is connected together with a web of highways, expressways and radial roads. Different parts of NCR have their own advantages and match the needs of specific set of buyers. For example, Greater Noida is still a developing location, hence it is good for those who wish to purchase residential properties for their own use. On the other hand, Noida Extension is perfect for people who wish to grow their wealth by investing in real estate as there are plenty of such options in this area. Ghaziabad and New Gurgaon are also growing as the popular destinations among buyers. Gurgaon, in fact, saw the highest number of new launch projects in the year 2018.
For those who are looking to invest in Delhi NCR property, Geetanjali Homestate is the best choice. Our experienced professionals help you find a property that matches your requirements and falls within your budget.