The New Delhi is most developed city compare with any other cities in India. When comes to Delhi suburbs, they are providing ample job opportunity with the presence of IT hubs and other industries. This is due to vast increase in modern infrastructure and modern type of flats for sale in Delhi. Now the present Delhi suburbs are with amazing skylines. The highest tower is of 480 meters and there are many high-rise building above 200 meters. When comes to price of these properties, they are available for budget class to high value properties. The Delhi properties are more searched category in the web. Most of the prospective investors and homebuyers are online customers in India and by NRI’s interest too.
Future Trends of Delhi Suburbs in Realty Market
Delhi State Hood a Question Mark: The present government is with an opportunistic approach to provide separate state hood to national capital Delhi. If this happens there are many to be benefited living in Delhi and its suburban areas. This will be more beneficial to real estate industries and its investors and end-users. However, there are no signs of approval so far with the current politics. Economical they have more opportunity to grand separate state hood in term of population and economic developments.
Urbanization: The suburban areas of Delhi have more population and properties. These are of commercial and residential properties. This is due to concentration of service sector industries in the outskirts of Delhi. Due to ample job opportunity, many try to settle here in flats and apartments. The high-rise apartments are the dreams for the working class people and business class people in Delhi. This is also an investment option for many national and NRI’s. The value of properties are also growing rapidly that in future it may reach above eight digit figure in the outer areas of Delhi suburbs due to expansion. The prices of property are highly appreciated in the areas of Noida, Greater Noida, Ghaziabad and Gurgoan.
Concentration of SEZ: The Special Economic Zone (SEZ) is a major booster for realty market in India. This is how the Delhi gets a modern or hitch building for residential and corporate purpose. The SEZ includes the large business complexes and residential accommodation for the people working in the SEZ. Such SEZ concentration has really boosted the property price in Delhi. The way the other projects as commercial complex and housing projects develop near a SEZ are best for investments. Either one can simple earn rent from these properties by the presence of IT SEZ working masses.
Expansion of Delhi Suburb: Due to scarcity of land and residential projects, there are many investors acquiring the land near the outer areas of Delhi suburbs. Either it is more developing towards the expressways, national highways and state highways. The demand for plots and lands are many here due to expected future price to be very high value.
Realty Business in Delhi: They are the main people to develop state of art construction or modern building in Delhi. Due to adopting what is latest in construction, the present building properties are worth for their cost. This is making homebuyers to look for more luxury homes, modern homes; high-rise apartments in and around Delhi. There projects like mega housing projects are beneficial to middle class people to own a dream home in Delhi. Many builders are developing the outer areas of Delhi by promoting their own projects and by collective investment projects. There are MNC realty entities to make ultra modern corporate office and high-end homes in Delhi.