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residential properties in Delhi,
residential properties in Gurgaon
It’s a known fact that the real estate and property market in India is booming and has given birth to excellent opportunities for investment throughout the length and breadth of the country. Properties in India in both residential as well as commercial segments have witnessed phenomenal price increase (more than 250 % in most urban cities) in recent years.
Whether it is the metropolitans or the two or three tier cities are exploding with commercial high rises, residential townships, industrial parks and shopping malls.
Depending on the reason behind your decision for buying commercial property, you must now be thinking about deciding the city where you can buy that property. Though most parts of India have seen a tremendous growth, but one Indian city that scores ahead of all cities is New Delhi, the capital of India. No matter whether you are buying the commercial property for investment purposes or for personal use, New Delhi is one city where you can get it all.
It wouldn’t be unfair to say the NCR in the north has dominated the Indian Real Estate industry as there is tremendous demand for Delhi properties, Gurgaon properties and Noida properties. The property prices have increased in a short span of time due to a huge improvement in infrastructure, metro rail network and the upcoming Commonwealth Games.
The property prices in Gurgaon and Noida too are at an all time high. Gurgaon, the second IT hub of India after Bangalore already enjoys a high rate of real estate development and to meet the growing demand for both residential as well as commercial properties, even the small towns and cities are being developed.
Property prices in and around New Delhi have increased by up to 5 times within a few years. The returns on the investment on the capital value of the property are among the highest in the world, approximately 10 to 15%! And with the industry expanding at 30% annually, who would want to miss the opportunity?
And the reason behind choosing Delhi for buying the commercial property for your own business purposes is the fact that apart from being the capital of world’s largest democracy, Delhi has always attracted people from all walks of life. And with Delhi being the host of Commonwealth Games to be held in 2010, considerable investments are being made by the public sector to improve the overall infrastructure.
The other major factors associated with this are tremendous rise in IT enabled services industry, emergence of India as an important investment centre in the world market and increased foreign direct investments.
Are you planning to buy some residential properties in India? Farmsandvillas is your one stop online source for buying, renting or selling residential properties in Delhi, residential properties in Gurgaon, Noida and across India.
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