Looking To Invest? Here Are The Top 5 Real Estate Locations in Delhi NCR
The number of people looking to invest in the National Capital Region of Delhi is increasing by the day. Gurgaon and Noida are the hubs for real estate for people looking to buy homes but they also make great locations for investors looking who otherwise would have bought builder flats in Delhi. But Gurgaon and Noida have of late seen such tremendous development that they've stretched to include more investment-worthy spots, comparable to property in Delhi.
Property prices in Delhi-NCR tend to rise. If you want to join the club of investors and home buyers, here is what you need to know about the five most sought-after localities in the NCR:
Located in Haryana, this is the current focus of real estate developers. Owing to better connectivity, thanks to NH8, Kundli-Palwal Expressway and Dwaraka-Gurgaon Expressway, it has become an area that is expected to deliver good returns in a few years. A large number of new projects in sectors 82 to Sector 92 make it an attractive destination for investors.
This area ranks the best in terms of urban infrastructure in NCR. If you are looking for a very well-planned satellite township that is ready for residential occupation, then Greater Noida is the perfect option. It also has large inventory, because around half of all the under-construction properties in the NCR are from Greater Noida.
Read: Will Greater Noida Become New Gurgaon In Future?
This is another upcoming hub as it features in the drawing boards of all major real estate developers looking to transform the face of this area. The government is equally enthusiastic about ensuring better connectivity to this area. Since it is still a developing area, the rates are still affordable for many who are looking for a good bargain. Here, we have some of the reasonably property rates in Delhi NCR.
An upcoming metro is what makes it one of the most sought after real estate hubs of the future. While the plan to develop this area is underway, it has become the next big affordable housing hub. The authorities are all set to lay out the necessary infrastructure including roads, water and electricity. Schools, hospitals and other utilities are also quickly coming into the picture. There are a wide range of properties available in this area ranging from one bedroom flats, two bedroom flats to villas and floors. This area is also touted to be the location where prices are already appreciating. A few early investors have already seen their property values appreciate by 100%. So, if you looking for affordable housing options, Greater Noida West is the place to go!
This expressway, which is an alternate route connecting Delhi and Gurgaon, is turning areas around it into hot residential properties. The value appreciation in this area has been phenomenal in the last five years, almost as much as 200%, making Dwarka expressway flats an extremely attractive value proposition for investors. The upcoming projects on Dwarka Expressway range from mid-end segment, high-end segment and even townships, offering a large array of properties to choose from.
(Katya Naidu has been working as a business journalist for the last nine years, and has covered beats across banking, pharma, healthcare, telecom, technology, power, infrastructure, shipping and commodities)