Delhi is always known as a trendsetter in the real estate industry in India. Delhi real estate is one of the largest real estate sectors in the country due to its status as capital of India, higher per capita income, remarkable infrastructure and exceptional connectivity with national and international cities. Has attracted large foreign direct investment since 1990 which led to many multinational companies have established their operational bases in Delhi and surrounding areas real estate Delhi is also one of the most popular real estate in the country. Therefore, the market of New Delhi has become the property of a major attraction for global investors in real estate development in the city.
Residential real estate
The demand for Delhi residential real estate market is always high due to the large influx of tourists, expatriates, students and professionals from other parts of the country. Therefore, there is great demand for residential plot in New Delhi because the surrounding towns of Delhi ie the National Capital Region (NCR), places of Faridabad, Noida, Gurgaon and Ghaziabad is emerging as the destination hottest real estate market near the Delhi real estate. The market in New Delhi real estate properties are sold for millions of rupees in the following areas of South Delhi. This trend is moving slowly to other parts of Delhi like Dwarka, due to the huge demand for the leasing company and diplomats who choose to ignore the end luxury properties in the city wake. Also, Delhi residential rental values of residential apartments and independent houses are quite high.
The other new residential areas in New Delhi residential real estate market are Dwarka, Jasola and Narel. The large real estate companies, such as DLF, Ansals, Parsvnath OMAX and started the international launch of luxury apartments with the standards of facilities and services to both investors and borrowers. The typical example is the city of NRI by OMAX Delhi real estate market.
Commercial real estate
Delhi real estate is a choice of destination for multinational corporations and leading companies to invest more investment has led to the growth of commercial real estate market, and the current real estate boom in New Delhi is due to major investments scale to organize the Commonwealth Games 2010 in the city. The city is preparing to meet a huge influx of tourists during 2010, which in turn leads to growth of the hospitality industry in the market in New Delhi real estate. Sooner or later, the Delhi property market is waiting for us with 27 new hotels, apartments and other forms of property development with 4,900 rooms in various portfolios in the next one to two years.
Meanwhile, real estate Delhi is expected to touch one hundred shopping malls by the end of 2010. The main reason is due to lack of space, namely the lack of availability of land and limited resources has led Delhi commercial real estate market to soar. The trend of increase in office space and retail prices have increased commercial real estate properties Delhi.
To date, the Delhi property market has attracted major investments in the commercial sector, compared to other metros, because of its infrastructure, improving connectivity and availability of professional workforce.
Way ahead
In recent years, the scene of Delhi real estate is changing due to low demand in the acquisition of luxury residential properties. Now the focus is shifting towards the concept of affordable housing regardless of Delhi is one of the top three preferred investment destinations in Asia. Thus, Delhi is becoming a popular investment destination in the area of residential and commercial real estate has led to escalating prices, which is worth the investment agreement true for both investors and buyers. This transformation has been given to the Delhi market for real estate remodel from 'wall city'to a "world city" in the future.
Residential real estate
The demand for Delhi residential real estate market is always high due to the large influx of tourists, expatriates, students and professionals from other parts of the country. Therefore, there is great demand for residential plot in New Delhi because the surrounding towns of Delhi ie the National Capital Region (NCR), places of Faridabad, Noida, Gurgaon and Ghaziabad is emerging as the destination hottest real estate market near the Delhi real estate. The market in New Delhi real estate properties are sold for millions of rupees in the following areas of South Delhi. This trend is moving slowly to other parts of Delhi like Dwarka, due to the huge demand for the leasing company and diplomats who choose to ignore the end luxury properties in the city wake. Also, Delhi residential rental values of residential apartments and independent houses are quite high.
The other new residential areas in New Delhi residential real estate market are Dwarka, Jasola and Narel. The large real estate companies, such as DLF, Ansals, Parsvnath OMAX and started the international launch of luxury apartments with the standards of facilities and services to both investors and borrowers. The typical example is the city of NRI by OMAX Delhi real estate market.
Commercial real estate
Delhi real estate is a choice of destination for multinational corporations and leading companies to invest more investment has led to the growth of commercial real estate market, and the current real estate boom in New Delhi is due to major investments scale to organize the Commonwealth Games 2010 in the city. The city is preparing to meet a huge influx of tourists during 2010, which in turn leads to growth of the hospitality industry in the market in New Delhi real estate. Sooner or later, the Delhi property market is waiting for us with 27 new hotels, apartments and other forms of property development with 4,900 rooms in various portfolios in the next one to two years.
Meanwhile, real estate Delhi is expected to touch one hundred shopping malls by the end of 2010. The main reason is due to lack of space, namely the lack of availability of land and limited resources has led Delhi commercial real estate market to soar. The trend of increase in office space and retail prices have increased commercial real estate properties Delhi.
To date, the Delhi property market has attracted major investments in the commercial sector, compared to other metros, because of its infrastructure, improving connectivity and availability of professional workforce.
Way ahead
In recent years, the scene of Delhi real estate is changing due to low demand in the acquisition of luxury residential properties. Now the focus is shifting towards the concept of affordable housing regardless of Delhi is one of the top three preferred investment destinations in Asia. Thus, Delhi is becoming a popular investment destination in the area of residential and commercial real estate has led to escalating prices, which is worth the investment agreement true for both investors and buyers. This transformation has been given to the Delhi market for real estate remodel from 'wall city'to a "world city" in the future.