Delhi NCR, being the India's capital proves to provide the investment place to the new developers Tata Housing, Chintals, Shobha Developers. The projects from new developers is providing buyers to pick the best one out for themselves. In Gurgaon, new projects by Emaar MGF, Ireo, Bestech, Unitech, The 3C Company, Vatika, Vipul, Central Park, Shobha are all coming up with premium living housing projects.
These developers are constructing luxury apartments, villas, independent bungalows and duplexes with the price ranging from 1.5-7 crore. Projects launched in Delhi NCR in the year 2012 were highest in number as compared to Mumbai, Bangalore and Chennai. Delhi NCR has in the last year emerged as the most preferred location for investors and end users because of the high rate of appreciation and ease of resale of property.
Yearly price appreciation in the high-end property segment has come down by 35-50 percent since 2008-09 when investors used to book returns of 15-20 percent on an average. In the last two years, price rise in this segment has plateaued, with yearly returns of only 6-7 percent across the country.
India has a progressively increasing economy and tourism. Delhi NCR boasts of striking places, which are attractions for those hunting for the vital vacation knowledge. As an investor however, you obviously desire to know how investing in Delhi NCR Real Estate is a valuable attempt.
As far as real estate development is concerned and property prices are rising YoY, therefore from developers point of view, they are de?nitely bene?tting in the market (12 percent – 15 percent) compared of outside developers. The real estate in Gurgaon is surging strongly.
Its improving infrastructure, business environment, coupled with the growing income and changing lifestyle of the residents are the factors encouraging real estate developers to bring more and more frenetic developments in this fast ?ourishing cyber city.
