Showing posts with label real estate delhi. Show all posts
Showing posts with label real estate delhi. Show all posts

Saturday, January 24, 2009

Apartments in Delhi - A Good Investment Option

Delhi is the national capital and also one of the best destinations for investors to buy property. Delhi having an advantage of good connectivity with most of the cities in India houses the top most corporate houses in the world. The main upswing of construction activities is going on in New Delhi, with number of residential as well commercial spaces being developed by prominent real estate developers.

DDA has drawn up several plans for next two years including mega housing project in Dwarka, Bio-diversity Park housing over 5,000 species of flora and fauna along the Yamuna banks, a spiritual garden forming a link between South Delhi's three major temples in Kalkaji.

Ansal Properties is all set to carve a substantial niche for itself in Delhi with its real estate projects: Ansals Sushant City and Valley View Estate. Being the IT hub of India, Delhi proves to be the center for real estate transactions in the country.

With the increasing influx of students and tourists in the city, Delhi Real Estate Developers have started coming up with the idea of service apartments a concept borrowed from the West. The service apartments in Delhi are fully furnished and provide a nice staying experience in Delhi. They are are becoming very popular amongst these international tourists and students as they are cheaper than the hotels and give them a nice, secured homely experience.

With unavailability of land in rest of Delhi, Dwarka has become apparent choice for real estate developers in Delhi for constructing apartments. Investors are readily interested in buying apartments in Delhi as the rental values have also sky rocketed in the past few months. Moreover, with growing crime rates people are very all these apartments.

George Gonigal provides you the best and latest information on Real Estate Developer in India. If you want to Delhi Real Estate, he suggests you log on to magicbricks.com

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Thursday, December 11, 2008

Delhi NCR Real Estate - Suburban Growth Continues

The Delhi NCR region has grown to be one of the most favored real estate destinations of India. Delhi being the capital city has always been a delight for any property buyer or investor. With the city getting crunched for space, the NCR region gained popularity among the developers, buyers and investors alike.

The most sought-after locations in the Delhi NCR region include Gurgaon, Ghaziabad, Faridabad and Noida. Being in the proximity of the national capital, Gurgaon today is considered as one of the major towns of the country and is being termed as the 'Millennium City'. The apartment capital values in places like DLF and Sushant Lok are around Rs 4000-8000 per sq ft and the rentals are Rs 15000-30000 per month (approx). Sohna road commands Rs 4000-5000 per sq ft for a 2 BHK apartment. M.G. Road is another very affluent place in Gurgaon and it houses a number of glitzy malls.

In view of expanding horizons, Gurgaon now extends to Dharuhera, Manesar and Bhiwadi. It is expected that with the coming up Gurgaon-Delhi expressway Dharuhera along with Manesar can be the next NCR suburbs. The active real estate developers in the area include Parsvnath, Omaxe, Dwarkadhis, GTM, and Natraj.

Besides Gurgaon and Noida that are growing on a massive influx of IT industries, Ghaziabad has of late emerged as the residential nucleus of NCR. The city is also gaining popularity owing to its proximity to the Commonwealth Games location. The developers here are largely emphasizing on providing good quality infrastructure. Indirapuram is one such locality in Ghaziabad that has developed tremendously on the back of a strong infrastructure support. According to research reports, property rates in Indirapuram alone have registered a 70 to 80 per cent appreciation in the last one and a half years.

The demand is huge supply is erratic and hence, prices are sky-high in all these areas. Although, the current slowdown phase has put a dent on the real estate market worldwide including the Delhi NCR, but industry experts are optimistic that it will bounce back.

George Gonigal provides you the best and latest info on Real Estate India. He would also let you know about Real Estate in Delhi. To know more, visit Delhi Real Estate.

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Tuesday, December 9, 2008

Delhi Properties High on Preference

Delhi, the capital of India, is a federally administered union territory and a bustling city. It houses many government buildings and embassies, apart from places of historical interest and tourist attractions. Various Multi National Companies (MNC's) have set up their businesses here. Industrial sector is growing tremendously and all this is resulting in increasing employment opportunities. Because of this, people are moving to Delhi from all over India.

Many renowned real estate developers like Ansal Properties, DLF and Unitech have played a prime role in shaping the real estate market of Delhi. The posh localities of Delhi have experienced a lot of growth in the real estate sector. Property rates keep swinging and builders and developers invest here in high amounts and build luxurious homes, flats, apartments, commercial malls, shopping malls, world-class theatres etc.

Real estate prices in Delhi are on an upswing, for both commercial and residential plots. A huge number of malls, shopping complexes, corporate spaces have been built and many more are under construction. Delhi's real estate market is on its way up due to the developments in and around Delhi.

Property values in Delhi vary considerably depending on the area and location. For example, the monthly rental value of a 2 bedroom flat in a good locality such as Greater Kailash varies from Rs 25000-50000 per month, whereas in Rohini, the rent varies from Rs 6000-12000 per month.

However, due to the current recession customers are no longer ready to pay the high prices that property all over Delhi command. Due to which number of transactions happening in the city have considerably gone down. But Delhi properties are high on everyone's preference list.

Talking about commercial real estate in Delhi the prices are dropping. According to Delhi real estate agents the retail and office rental prices have dropped. During the last two months, in Saket (south Delhi), the rates have dropped by 30-35 per cent.

However, support infrastructure like the Gurgaon Expressway, residential integrated townships, knowledge parks, proposed international airport and railways and the DMRC providing connectivity to the NCR region is expanding the Delhi real estate market far beyond the borders of the city.

George Gonigal provides you the best and latest info on Real Estate in India. He would also let you know about Real Estate in Delhi.

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