By Accommodation Times News Service
Delhi also known as the National Capital Territory of India is the metro region of country. The political administration is been expanding beyond the National Capital Territory of India (NCR) going nearly 27 million population of residents. Due to such growth Delhi NCR has become one of the most preferred locations for investments. Among the various investments options available Real Estate definitely is a safe game due to high rate of appreciation and periodical returns on investment.
Why one should invest in Delhi:
Indian Real Estate Sector has become the huge rage in NRI (Non-Indian Residents) who are settled abroad every year contemplate about coming back need avenues to invest their huge earnings. If current market sources and statistics are seen it is been seen that lot of inquires are received form the large NRI base. Apart from major Delhi part NRIs are very keen in investing into NCR region such as Gurgaon, Noida, and KMP expressway, Ghaziabad, Noida Extension, Bhiwadi, Dwarka Expressway, Yamuna Expressway and Faridabad. These extensions of Delhi are bound to give new investment opportunities because it is linked to Delhi Real Estate market and good returns ensured. If we see the tremendous growth on the expressway many residential projects are mushrooming specially in 108, 109, 106, sectors where maximum investments are observed for 2-3Bhk units somewhere between 60-80lakh. Prices are high as Rs 5000-7000 per sq ft for the high rise luxury projects but still it is on demand owing to the high rate of appreciation for long term as well as short term also.
Another great investment opportunity for NRIs is opening on Yamuna Expressway. Promising good more than 2800 units have been sold alone. Ample developments have been made by reputed developers. Sectors like 137, 143, 50, 113, and 117 have undergone an appreciation of approx 20-35%.
Market dynamics is changing constantly in Indian Real Estate and Delhi NCR region will take an upward mark in 2-3 years. According to the real estate experts this is the best time to invest in the Indian Real Estate.