Delhi and the National Capital Region (NCR) has been termed as one of the hottest real estate destination in Asia to invest in 2017. As the region is bustling with a range of infrastructure development and a flurry of new projects coming up in Gurgaon, Noida Extension and Faridabad.. The projects in this area will be offering modern amenities in all budget ranges. Below given are few most sought-after localities in the NCR:
Located in Haryana, New Gurgaon is the current focus of real estate developers. Owing to better connectivity to NH-8, Dwarka Expressway, Pataudi Road & Kundli Manesar Palwal (KMP) Expressway, it has become an area that is expected to deliver good returns in few years. A large number of new projects in Sector 81 to Sector 95A make it attractive destination for the investors as well as for the end users. Additionally, this area is close to international airport. The Metro Connectivity and Rapid Metro is already in Gurgaon and will ultimately be linked up to New Gurgaon Area. Gurgaon presents an overall excellent investment option.3. Greater Noida
Greater Noida ranks the best in terms of urban infrastructure in NCR. With metro connectivity, the prospects for investment in this area have increased. Additionally, this area has large inventory, because half of under-construction properties in NCR are from Greater Noida. Many projects have entered the possession phase and buyers are relying on completed options as well.
A lot is happening in terms of real estate development in Faridabad and area between Faridabad and Palwal. Lots of new residential and commercial projects have sprung up in the region which has rekindled the interest of property buyers in the region. Located 25km from Delhi (ISBT), Faridabad is now emerging as the preferred destination for investors as there are huge prospects of economic boom in the air. Housing demand, land crunch in Delhi, affordable housing, are among the few reasons that support booming property prices in the region. The industrial city enjoys the merit of proximity to Delhi, as well as the NCR cities of Greater Noida and Gurgaon. These factors are making investors and corporates choosing Faridabad as a potential booming real estate destination. Faridabad is already home to several MNCs, ISO-based industries, scores of medium- and small-scale manufacturing units. According to experts, Faridabad has always been underpriced in spite of the geographical advantages it offers, being equidistant from Delhi, Gurgaon, and Noida and having fairly good connectivity with all, by road, Metro connectivity and rail route. In the near future the property prices are set to go higher due to the proposed Metro rail-link and modernization of Mathura Road will enhance the prospects of Faridabad further. To conclude, investment in the area of commercial estate is a big step but it adds value and profit to the investment if it is done in Delhi NCR. and the above profiled areas assure great future returns on your investment.
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