Saturday, February 20, 2010

Real Estate In Delhi NCR

The real hotspot in the real estate industry in the country as if now is Delhi, the capital of India. In last few years’ properties in Delhi has became a giant industry due to great transport system, operation of Delhi metro rail the foremost is the commencement of 2010 Commonwealth Games in the capital.
Rapid commercial and
Rresidential development in Delhi NCR has led to a spillover of housing growth from Noida to Greater Noida, Gurgaon to Manesar, Bhiwadi and Ghaziabad to Meerut.Benefitting from Metro extensions, expressways, wider highways and release of land parcels, Delhi NCR promises to be a sought after destination.
Commercial Real Estate:


Commercial boom has spelt over Delhi too similar to the NCR regions. These commercial projects are expected to come up with a total built up area of approximate 2.4 million sq ft including office space too giving both the options of sale and lease to the investors. Big established names like Uppals, TDI, DLF and EROS have their commercial projects all over Delhi from Shalimar Bagh to Saket, with the concentration over South Delhi areas like Jasola, Ishwar Nagar and Saket.
Residential Real Estate:


The residential real estate market segment in Delhi is growing hugely because of huge demand for huge population and more spending capacities. South Delhi is the most happening residential place in Delhi property market and the rental values of residential properties like the flats, villas and duplex houses are extremely at higher end.
Therefore here we can see Delhi is the most preferred destination with soaring demand of investors worldwide and the city is significant destination of world’s and domestic leading companies, which eventually pouring lot of investments that in turn creating a hue demand for commercial real estate space in Delhi property market.
 get details about New projects in gurgaon.