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Thursday, December 13, 2012

Flats and apartments in Delhi are prime investment option

Real Estate in Delhi has witnessed tremendous growth in the last two decades or so. The property prices have seen a sudden increase in nearly all areas of Delhi. The growth in real estate sector in Delhi has lured many foreign companies and willing investors to invest in the rapidly expanding market.

Delhi is the capital of India and is equipped with all kinds of modern amenities. It is expected that the property price in Delhi will continue to increase forever because this city will never lose its charm. The demand for properties in Delhi has gone up because many banks and financial institutions came forward to give home loans. Builders and developers are also lending their hand in simplifying the loan process by being willing to chip in as the underwriters for those who are interested in buying flats and apartments in Delhi. The construction of flats and apartments in Delhi has witnessed brisk growth in the last twenty years or so as builders and property dealers are leaving no stone unturned to cash on this boom.

The growing demand for flat in Delhi has led to manifold increase in property prices but is stopping people from buying flats. The growth in real estate is one of the main reasons why we see many new apartments as well as commercial properties in Delhi. The price of flats in Delhi is set to increase in the coming years. It is still not an easy task to buy flats here but many people are trying to realise their dreams by taking home loans. There are many suitable residential places in Delhi like Vasant Vihar, New Friends Colony, Defence Colony, and Dwarka if you are interested in buying flats, apartments, plots or lands. According to experts in the real estate sector, South Delhi, namely places like Lajpat Nagar, South Extension, Greater Kailash I and II is the most prime location to own flats and apartments but the only problem is the high prices. It is not possible for a middle-class person to buy flats here. Dwarka area of Delhi is fast emerging as a prime place to own flats and apartments in Delhi for small pocket-sized people. Many new flats are coming up here to meet the needs of the prospective buyers. Dwarka is also well connected to different parts of Delhi through bus and Delhi Metro Rail network. It is located in close proximity to the international airport as well.

Buying Property in Delhi with Investment Motive in Mind

Experts maintain that investment in property has always remained one of the safest and best bet because real estate industry sees immense growth which means that the property which you own will also witness high growth rate. The rapid rise in the prices of flats and apartments in Delhi has led to massive increase in property investments. Delhi is the business center of India as it houses many multinational companies. It is the power house of the country too. Investment in property in Delhi will always remain a lucrative option and buying a property here will always be considered as a wise decision. Experts claim that foreign investors and NRIs are now highly interested in investing in Delhi and they are more inclined towards buying flats, apartments, villas, penthouses, farmland and bungalows. Owning a property in Delhi ensures that you will get good returns in the future. The value of property is expected to, by and large, double within a few years only. This is what is attracting more and more people to invest here. People are buying more than one flats and apartments in Delhi because they see this as the best investment option. Developers and builders from both India and abroad are not thinking twice before investing good amount of money in buying flats and apartments in Delhi.

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