DELHI PROPERTY

2012-05-23T09:46:00.002-07:00

India is Asia's fourth largest economy and its real estate industry is offering great prospects for smart gains with its high growth curve, corporate governance and the robustness of the stock markets. So what better place to invest than the capital city- Delhi!

Buying Property in Delhi Is a Great Option

2012-05-07T06:27:00.000-07:00

Buying property in Delhi is in many ways a good option. Recently during my sojourn in Bangalore, I chanced upon an old buddy with whom I had worked in the Middle East long ago. A Bangalorean himself, Michael Fernandez confided to me his interest in buying some commercial property in Delhi. He said he had some business plans. Michael, a sharp-witted and savvy intellectual in his late forties, asked me about the real estate market in the national capital. The property market in Delhi, I told my friend, had been witnessing a consistent value addition for the past several years. Of course, there has been a little slump recently in the wake of the global economic meltdown. But that was only a temporary phenomenon. Now, it is reported that the real estate market in Delhi is again back in the saddle.
I told my friend, if he was buying any property in Delhi, he needed to undertake a firsthand study of the real estate scenario in Delhi. The national capital today is very different from what it had been a decennium ago. Apart from being the capital, the place is fast emerging as a centre of great commercial and industrial significance. Again, in the wake of the liberalization of economic policy by the Government of India along with globalization, there evolved a new world economic order. In the new trans-national economic equations, the Indian subcontinent has emerged as a new world market. Consequently, the major multinational corporations across the global spectrum vied with each other to have a greater share of the pie and they made a bee-line for the Indian subcontinent. The presence of these corporations in the national capital directly influenced the Delhi property market and the price of both commercial and residential properties began to go up quicker than ever before.
Real estate market in Delhi is inevitably vibrant due to multiple reasons. Apart from being the national capital and centre of growing commercial significance, Delhi with its high density of academic centres and government offices is a place with growing demand for commercial space and accommodation. This ever-growing demand notwithstanding, the higher and better infrastructure and public utility services, like the Delhi Metro Rail, have all the more enhanced the property price in the national capital. Further, the cluster of industrial cities - Gurgaon, Noida, Gaziabad and Faridabad - lying around the capital has all the more augmented the significance of Delhi and thereby has a direct bearing on the growing property market.

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Why to Invest in Delhi Properties?

2012-05-07T03:46:00.000-07:00

Few years back properties in Delhi didn't have a high value but today the value of properties in Delhi have doubled & trebled because of better education facilities, entertainment zones, job opportunities, many business organization opening their branches in Delhi, etc. Today, many people want a residential or a commercial space in Delhi because of the rising property prices which is going to soar in future. Here are some reasons regarding why to invest in Delhi properties & tips that will give you a detailed understanding of it.
1. There has been an immense development in Delhi from some years in terms of malls, Multiplexes, hospitals, entertainment centers, business centers, development of huge residential & commercial buildings, township projects, new roads, amusement parks & other luxury services.
2. The new Metro itinerary connecting eastern part of Delhi to rest of Delhi & construction Of CWG village has made Delhi more popular today.
3. Major residential regions in Delhi like Greater Kailash, Rajendra Nagar, Hauz Khas, Vasant Vihar, Mayur Vihar, Karol Bagh, etc are in a high appreciation as compared to other regions. Residential property sector has witnessed an increase in price of over 50% in National Capital Region.
4. Delhi has a great importance for its educational centers attracting people from prominent places to come to Delhi & settle down here.
5. The market trends in terms of sale prices of Delhi properties indicate that investing in residential & commercial properties in Delhi will be very profitable.
6. Both Central Government & National Capital Regions' Government have taken many initiatives through RBI, Ministry of Commerce & Industry & other agencies to boost & promote residential properties in Delhi.
7. The return on investment on capital value of property is one of the highest in the world & is approximately 10-15%.
8. The real estate sector in Delhi offers its customers with world class commercial & residential properties. You can buy a flat, bungalow, commercial space, etc in Delhi catering to your taste & which would also be world class in terms of quality, architecture, ambience, etc giving you a good return for your investment.
9. Commercial establishments in Delhi in growing with each passing day with many MNC's setting up there offices in Delhi.
10. From East Delhi to South Delhi property rates are soaring in every region in Delhi.
11. Delhi's residential property sector is witnessing an increase in apartments, small to luxury homes & even luxury flats as more & more people want to invest in Delhi properties because of its booming real estate market & other developments in Delhi.
12. Properties in Delhi can be easily availed today at great discounts with benefits of EMI & other such related facilities.
The property market in Delhi is very vibrant & in huge demand today. It has become a major center of attraction both for investors & builders. So, if you want to invest in real estate in a dream destination in the world & be profitable then don't waste any more time, snap your property deal now.

If you are looking to invest in India property, these tips would provide all the necessary information you would require to buy a property in India.

The Right Time to Invest in Delhi Properties business

2012-03-25T03:38:00.000-07:00

Delhi is always known as a trendsetter in India's real estate industry. Delhi real estate is one of the largest real estate sectors in the country due to its status as the capital of India, higher per capita income, remarkable infrastructure and exceptional connectivity with national and international cities. It has attracted a large foreign direct investment since 1990s that led to many multinational corporations have set up its operational bases in Delhi and adjoining places also made Delhi real estate one of the hottest real estate destination in the country. Thus, Delhi property market has become a major attraction for global investors in the real estate development in the city.
Residential real estate
The demand for Delhi residential real estate market is always high due to large influx of tourists, expats, and students and professionals from other parts of the country. So, there is a huge demand for Delhi's residential plot due to which the adjoining locations of Delhi i.e. the National Capital Region (NCR) locations of Faridabad, Noida, Gurgaon and Ghaziabad is emerging as the hottest real estate destination next to Delhi real estate market. In Delhi real estate market, the properties sell for millions of rupees in the post areas of South Delhi. This trend is slowly moving towards the other parts of Delhi like Dwarka due to huge demand from the corporate leasing and diplomats who opt for high end luxury properties to stele down in the city. And also, Delhi residential rental values for residential apartments and independent houses are quite high.
The other emerging residential areas in Delhi residential real estate market are Dwarka, Jasola and Narela. The big realty companies like DLF, Ansals, Omaxe and Parsvnath are started launching international standards luxury apartments with modern amenities and facilities to both the investors and borrowers. The typical example is the NRI City by Omaxe in Delhi property market.
Commercial real estate
Delhi real estate is a prominent destination option for leading MNCs and Corporates to pour more investments that has led to the growth of commercial real estate market and also the current boom in Delhi property market is due to the large scale investments to host Commonwealth Games 2010 in the city. The city is gearing up to meet a large influx of tourists during 2010 that in turn leading to the growth of the hospitality industry in Delhi real estate market. Sooner or the later, Delhi property market us expected to have 27 new hotels, serviced apartments and other forms of real estate development with 4900 rooms in various portfolios in the next one to two years.
Meanwhile, Delhi real estate is expected to touch hundred shopping malls by the end of year 2010. The prime reason is due to the space crunch i.e. lack of land availability and limited resources has caused Delhi commercial real estate market to soar. The upsurge trend in the office and retail spaces has escalated the commercial property prices in Delhi real estate.
Till date, Delhi property market has attracted large investments in the commercial sector a compared to other metros due to its infrastructure, better connectivity and availability of professional work force.
Road ahead
In recent years, Delhi real estate scenario is changing due to low demand in acquiring luxury residential properties. Now, the focus is shifting towards the affordable housing concept irrespective of Delhi being the one of the top three preferred investment destination in Asia. Thus, Delhi is transforming as a popular investment destinations in the residential and retail real estate sector that has led to the price escalation making real investment deal worth for both the investors and buyers. This transformation has made Delhi real estate market to remodel itself from 'walled city'to a 'World City' in the future.

Delhi Real State Property

2012-03-14T00:07:00.000-07:00