The Real Estate in Delhi NCR

RBI has also decreased its rate of interest in the home loan division. Indian citizens avail huge tax benefits on investing in real estate: Tax exemption is provided on re-investment of sale proceeds of property and Tax benefit is available on interest on housing loan too. Thus making it a favorite investment option among all groups, be it a working professionals or big and small business men.

Hence investment in residential and commercial properties in Delhi/NCR  has been the most potential and suitable long term investment. Moreover cheaper raw materials, manpower availability and cost-effectiveness to run industrial units in the Delhi NCR region have sparked a row among industrialists to encase the available resources and the opportunity.

This sector promises a profit ranging from 20% to 100% annually depending upon the various geographical regions and infrastructural facilities. Delhi is the third largest metropolitan city after Tokyo and Mumbai in terms of expansion of its geographical boundaries.

Nowadays loads of websites are boasting with various profitable deals regarding best available residential and commercial properties in different parts of Delhi NCR. Smart consumers do their homework before buying a property by searching about interest rates, land prices of a desired locality and detailed study of the various Housing loan schemes available by banks. It’s very important, both for the buyers and sellers, to keep transparency in all aspects regarding aforesaid property to acquire optimum profits. 

Real Estate in Delhi - The Money Making Industry

Delhi realtors are in a blooming era with emergence of various multinational companies flourishing in India. A sudden rise in demand for residential and commercial property in Delhi has accelerated the real estate sector in the past few years. It’s the most preferred, safest and promising investment option. Whole of India have dreamt of owning a home and a second home. Banks and government have made the task even simpler. Over population has never done better for any other part of the country as it is doing for the city.

Globalization has further brought India and its states on the forefront on the world's economic platform. Various multinational companies have entered Indian markets individually as well as in collaboration with Indian companies. Delhi nowadays has become extremely active and popular social, cultural, economical and cultural hub. Delhi is the largest commercial center of northern India. flats in Delhi

As of 2013, the per capita income of Delhi is Rs 2, 10,000, highest in India. The Real Estate sector has not only become the need of the hour but it is also termed as one of the best investment options in India too .This has resulted in a boom in this sector. The government of India too has been quite liberal with the rules and a regulation for NRI’s to make investment in real estate. India has emerged as a top-most favorable destination for foreign direct investment (FDI) in the world with 100 per cent relaxation of FDI regulations in this sector. The Government of India has now allowed international and domestic companies to operate real estate funds through private equity funding.

The Real Estate in Delhi NCR - Lets Make Some Money

Purchasing of a residential property posed as a big problem for the middle working class and the poor. Both the banks and the private developers have made this easy and are working towards providing affordable houses and shops making the ownership a dream come true for a common man in India.

A consumer here has a vast variety of options. For some investors who prefer realty sector as their first choice can choose to invest in basic houses, second home luxury flats, apartments, bungalows, villas, farmhouses etc. Such a luxury of owning a bungalow or villa is a far cry and next to impossible in Mumbai, the commercial capital of India.

Delhi NCR is the largest city of India in terms of area which makes it more appropriate for the booming realities. People in north India are reluctant towards staying in the skyscrapers and multistory buildings. Though the flat culture is picking up very fast among the present generation as it saves a lot of their time and energy. The newly developed housing societies have too good to be true facilities to charm investors and smart consumers. They are none less than a dream home with 24 hours water and electricity supply, generate back up elevators, large lush green lawns, allotted ample car parking, gymnasium, pool, mini theater, club house, temple etc etc.

All a buyer has to do nowadays is to go and check out the sample flat, arrange for the suitable finance scheme and that it.

Changing Trends of Realty Sector in Delhi

NCR Delhi has witnessed a lot of political, social, cultural, economical and geographical change in past centuries. No doubt all these changes have made Delhi a better place and have presented it in a latest global map worldwide. Real estate in Delhi has also gone through lots of positive changes which is the major cause of the sudden boom in the realty sector. Be it residential complexes or commercial properties, realty sector has reached its peak in past few years.

Delhi National Capital Region (NCR) is going through a major real estate boom .The emergence of Malls has changed the way people shop. Malls have brought everything under one roof. Be it Various national and international brands or food chains or multiplex cinema or kids recreational zone or grocery or daily household stuff or furniture or electronics etc, all is available under one roof with parking facilities as well. Malls and multiplexes have mushroomed in almost all corners of the city. Purchasing power has been directly associated with the boom in realty sector. People are using it as a tool for obtaining revenues through mortgaging their property. Best reason for investing in realty sector is its guaranteed profits. Though the profits fetched from one's such long termed investment vary from place to place according to the geographic locations, investor can be least bothered because even recession is had to believed negligible effect on the residential and commercial property in and around Delhi NCR . And thus it attracts not only Indian investors but the capital city is most favorites among the NRI’s and various multinational companies.

Recent years have witnessed a vast change in the whole real estate scenario. Both the investors and the construction houses have become more professional as compared to earlier times. Government of India has also introduced number of property and land reforms to facilitate national and global investors. Banks and housing finance companies have become more customer friendly .Delhi Development Authority (DDA) has amended its land acquisition policy to bring in private players for the further development of Capital. The private developers will now acquire land directly from the farmers. This tweak of DDA is believed to witness at least 5-6 lakh new commercial and  residential property developing in coming years. No wonder Delhi is quite often termed as City of cities.