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Wednesday, July 28, 2010

Delhi- most popular destination for the purchase of flats

Buying a real estate property for yourself, and for your family is one of the most important decision of life. The property can be a house, shop, land, or an investment, in one of the posh malls of the city. But, among all this, home is the place, which tops our purchase list. A house is the place, where we tend to spend most memorable moments of our life, which are cherished by us for the entire life. There are different factors, which we consider before the purchase of the land, such as location, hygiene, development, surroundings, price, etc. Out of all these, price or cost of the land is the most important factor, which enables us to actually purchase the property. It is but obvious, unless and until, your pocket will allow, you would not able to purchase a property.

So, the main thing is to locate a property, which is in your budget and also satisfies the above mentioned conditions. We all know, the property rates have been touching heights these days. It’s getting tougher for the common man, to buy a property for himself. Now here comes a good news for the citizens, as according to a survey, Delhi is the most popular destination, when it comes to buying a flat. It means the property rates in Delhi, are far cheaper and accessible than properties in many other cities. The survey also reveals that more of end users can be seen buying properties in the city, out of which most of them buys it for their personal use, followed by the people, who purchase houses or flats as long term investments.

It means Delhi is far economical from cities like Bangalore and Hyderabad, who lags behind the list, of the city, in which most flats are sold. This might also be because of the huge developments occurring in the city and it becoming as the favourite destination for people in almost all sectors of work.

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