According to a survey published in 2019, India’s real estate investment was $970 million. Furthermore, total real estate investment in Delhi NCR for the year 2019 was $5 billion. Despite the current slowdown in the Indian real estate business caused by the coronavirus outbreak, sales and revenue are increasing. According to the analysis, real estate investment in Delhi NCR was the top revenue generator for investors in 2019, generating roughly $610 million.
Why should you invest in real estate in Delhi NCR?
Despite the abundance of research resources available online today, many investors are still unsure about which locations to invest in. We’ve compiled a list of seven reasons to sell or purchase a Property in Gurgaon or Delhi NCR to help you make your decision.
Policies that are beneficial to the industry
Housing finance businesses and unfinished developments were likely to get stimulus packages from the government, according to industry leaders. The government offered a one-of-a-kind INR 30,000 crore package to enhance home financing businesses’ liquidity, as well as INR 10,000 crore for unfinished development projects.
Job openings are increasing.
Infrastructure has resulted in an increase in work opportunities.
Job opportunities in the Delhi NCR have increased as a result of the real estate boom.
In recent years, work prospects in Delhi NCR and Gurugram have increased.
Infrastructure of the Future
Infrastructure is a critical component of the real estate industry’s support system. As a result of projects like Conscient Hines Elevate, the development activities in Delhi NCR are projected to pick up even further to meet the increased demand for commercial and residential real estate.
Areas to Consider
Some of the rapidly rising areas in Delhi NCR include Bhiwadi, Bahadurgadh, Raj Nagar Extension, Kundli (Sonipat), Faridabad, Sohna (South Gurugram), Dwarka, Yamuna Expressway, Greater Noida, and Noida Extension. All engines are running in these places as far as establishing advanced infrastructure goes.
Commercial Sector Is Enthralling
Delhi’s most enticing aspect is its enthralling Commercial Properties In Gurgaon. Over the next few years, it is likely to reach unprecedented heights. In terms of area, the Delhi NCR grew in 2019, as it had in previous years.
The demand for Grade A offices from FMCG businesses, banks, and technology companies is steadily expanding.
High Living Standards
People generally relocate for better education or to pursue new career chances in different cities. The entry of Fortune 100 firms, the building of modern residential Flats in Gurgaon developments, and the arrival of large supermarkets and shopping malls have all contributed to an increase in real estate investment in Delhi NCR region.
Delhi NCR is on track to become India’s most developed city. It offers inhabitants and MNCs a variety of appealing amenities. There has been a greater knowledge of the expanding demand for real estate properties, resulting in an increase in real estate investments in New Projects on Dwarka Expressway.
If you’re undecided about whether to invest in commercial or Residential Properties In Gurgaon, check out our prior blog. As a result, property owners in the Delhi NCR should expect a large increase in their revenues from real estate investments in Luxury Apartments in Gurgaon.