Delhi & NCR Property

Actually property market in Real Estate sector is depended on the cities and then the promotion of those properties on the basis of region and location. Properties located in Metropolitan cities such as Delhi, Mumbai, Kolkata, Bangalore and Hyderabad etc are having high in demand and the value of the properties is sky-scraping. The Indian Nation Capital city Delhi makes an impression on people, a great deal of job, career and Business opportunities drives the increasing demand for the Real Estate Sector. Therefore the demand and development for residential and commercial properties in Real Estate Industry in Delhi became Ever Growing and Hotspot.

In the residential property sector the latest Delhi Properties for sale shows the development in prices of the properties and realizes the investors that investing in on residential property is more profitable now. Through the Reserve Bank of India (RBI) and the Ministry of Commerce and Industry to further improvement in the residential property sector in the region, Both the Central Government and the Government of the National Capital Region has taken several proposals.

The hottest Delhi Property Price developments in real estate market are sure indication to the estimation of investment and for sale. Due to various reasons Delhi is a unique investment destination for both residential and commercial properties in India which is having high demand. The recent recession has made the Delhi Real Estate market to Downward, but now the properties in Real Estate market has been increasing and demand is growing in Delhi.

The property prices for sale in various locations in Delhi to understand the general movement existing in the market is:

South Extension: 7000-11000; Gole Market: 6000 – 10500; Rajendra Nagar: 17500 – 22500; Karol Bagh: 8000 – 13000; Defence Colony 9500 – 15000; Greater Kailash: 11000 – 15000; Vasant Vihar: 9000 – 13000; Hauz Khas: 13000 - 19000; Kalkaji: 9000 – 13000; Mayur Vihar: 9000 – 13000; Vasant Vihar: 3500 – 5000; Noida: 3500 – 6500; Kamla Nagar: 2000 – 2400; Shastri Nagar: 3500 – 6500; Sadar Bazar: 3000 – 4500; IFCI Colony: 2800 – 3600; Vaishalli: 3500 – 4500; Rajouri Garden: 3000 – 5000; Janakpuri: 3000 – 4500; Lodi Colony: 3000 – 4500; Gurgaon (Smaller): 3000 – 4500; Palam Gurgaon: 2500 – 3800; Suryavihar: 3000 – 4500.

The proper analysis of the Real Estate market in Delhi the data is sowing the latest trend and the property sale with a higher appreciation in major residential regions in Delhi compare to other regions.
For more information on Real estate property listings are on Property in Noida.

Apartment in Delhi

Capital of India – Delhi always remains on high demand list of most developed cities and preferable places to visit. Since this city is also known as business sector and lots of foreign visitors and people from different cities come here for various reasons. Visitors search for places to reside therein and they look for accommodation or hotel which is having all essential facilities with affordable budget. Delhi is having lots of hotels-five stars, three stars, two stars or some luxurious hotels. Since the cost of these hotels is very high people prefer to hire a rental apartment or serviced apartment suitable to their budget.

Most of the serviced apartments are situated near to Airport, Railway stations and near the famous & renowned places. And these rental accommodation or serviced apartments are easily accessible by the tourists. Rooms are available with various facilities in different packages. Amenities like foods, pick & drop facility, dry-clean etc. are provided along with other things on demand. Rental space or serviced apartment is hired for different reason may be for business purpose or for residential and can be hired for single day or more. Facilities are provided according to the need. Per Day cost starts from Rs. 500 and so on. Cost is completely based on the location and inside facilities.

At present to provide serviced apartments has become profitable business and there are so many competitors available in market with different cost and upgraded facilities. You can find the chain of serviced apartments or rental accommodation near airports, railway stations or some famous places like Nehru Place, South Extension, Vasant Vihar, R.K. Ashram Marg, Karol Bagh etc. rental spaces are available as 1 BR, 2 BR or so on and providing first class services to the visitors. Thus it is completely choice of visitor to select the accommodation as per his need and convenience.

Demand of Property in Delhi

With the growing number of population, the demand of property is rising in the same ratio. People are demanding various kinds of properties e.g. serviced or luxury apartments/flats, homes, bungalow, plot etc. The very important and basic thing, which is to be cleared before deciding to get property, is the “purpose” to have that because all depends on the intention to have the property. If you are planning to hire a home or flat then first you should know the duration to reside therein. If it is for long term point of view (e.g. more than 3 years) then you should not opt for rental property as if you calculate the figure of annual rent then you will surely find that it would have been better to buy property instead of choosing the rented house. If you are planning to have property for very short period then you can think to get rented home/flat/apartment etc.

Demand of Property -

It has been noticed for last so many years that people are giving preference to rental home/flats etc because of the very high cost of property. The salaried employed are not getting a big bugs to pay high loan installment with interest for a very long period. They consider their future as uncertain and don’t know much about their earning and capability to pay loan amount in near future. But people (8 out of 10) are opting to acquire property and they prefer different financer to provide home loan (s) for sufficient period of time and they use to pay fixed amount of installments with interest during the set time period. Once they would have paid the entire due installment they get complete possession of that property.

It is always considered a good decision to buy the property for complete satisfaction and for security point of view.