You will find many people who are not residing in Delhi purchasing apartments and you may wonder why. Delhi remains a great option for property investment and the real estate market in Delhi promises returns which ever type of property you buy. Delhi is the national capital region and has experienced in maximum property prices. The property prices around Delhi have been increased by 5 times within a couple of years.
Purchasing a property in the metro, remains a big investment, so first time buyers must undertake a detailed planning before they make a long term investment. However, people who are looking to buy a house in Delhi can select suburb areas such as Dwarka and Mayur Vihar. Two BHK apartments will cost less depending upon the stage of construction. There are many reasons to purchase flats for sale in delhi and 5 main reasons are given below.
- Greater appreciation of asset value
Real estate investment in Delhi historically, has proved excellent appreciation in value when compared with any other type of investment. The value of the properties goes up depending on the location and developments happening in the area. Commercial real estate investment has highest inflation when compared with other assets. When inflation occurs, the price of real state will also rise. For this, you must choose location and asset quality wisely. If you own an apartment in Delhi, it can be given for lease which will provide you a regular monthly income.
- Best educational center and the growth of IT sector
Delhi has a cluster of premium educational institution and best universities for students to enroll in higher education. Many families choose Delhi to settle down to the best education to their children. The IT industry is undergoing major development in Delhi. The growth of IT sector has prompted many people to move to this place. So people are interested, investing in commercial as well as some living purpose. There are lots of new luxury projects like IT parks, star hotels, hospitals and restaurants coming up in Delhi, which have attracted more IT professional to make an investment in real estate in Delhi.
- The presence of MNC’s and central government offices
Delhi remains center spot for government offices and the metro remains head office for many public as well as government sectors. This remains one of the main reason, why people working in the government sectors are more interested, purchasing a home or property in Delhi. Many MNC’s have set up their call centers, head office and branches in Delhi. This makes young professionals invest for a property in Delhi.
- Your investment remains secure
One biggest benefit of commercial real estate investment is that the asset would remain secure for life time. Such assets provide a regular income stream and even after retirement, you will earn a steady income, as rent. Real estate investment doesn’t fluctuate with the changes in the stock market. The Indian taxation also benefits house owners in a number of ways. It is a pleasure to own an income producing property.
- Metro connectivity
Means of transportation remains a big factor in making people buy property. The metro connectivity remains a big factor supporting the real estate market. The proposed connectivity to Noida and Ghaziabad have made more convenient for people living in Delhi to buy property. Delhi has been planned systematically with well constructed wide road and internal sector roads. This level of infrastructure development reflects the modern approach in the properties available here.
- Upcoming shopping hubs
Delhi remains residential as well as shopping hub and one can easily get everything ranging from necessity to luxury. Reputed developers have developed shopping hubs apart from school and other health facilities.