Tuesday 26 November 2013

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. 

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