Commercial, Residential, Rental Properties in India
Invest in Indian Real Estate - Apartments/Flats - Houses - Office Space - Land
Real Estate India: IndianGround.Com
IndianGround.Com » Delhi » Real Estate Scenario in Delhi
Real Estate Scenario in Delhi

Delhi, the capital of India being of national importance is as always the most sought after place for residents and corporates alike. Over the years it has been the addresses of the high profile - the rich and the powerful and has served to be the most secure zone for the foreign embassies and their diplomats. But coming to investments in India, industry experts believe that investing in the national capital real estate can prove beneficial in the long run and is driven more by investors than by end users.

Delhi is ranked as the second largest market in the country in terms of size and socio-economic profile and with an affluent population comprising a cosmopolitan mix from across the country, it is predicted that the capital value is likely to increase. The boom in the realty sector of Delhi is also due to the growing interest of NRIs to purchase homes and second homes in the city. A majority of real estate consultants believe that Delhi and its suburban neighborhoods will consolidate their recent gains in property prices and appreciate further in the next two years. Overall returns expected (including capital appreciation and rental yields): 10-17 per cent a year.

In the residential sector, a majority of the leading real estate consultants believe that South Delhi will continue to generate demand and that investment in these areas and adjoining them will fetch returns of 5-8 per cent a year for the next three years. Of late, there has been an increase in demand for flats, especially in the areas lying between the Inner and Outer Ring roads. Adding to the ever increasing demand for properties in the national capital, the land prices and residential properties have increased many-fold and are still on the rise thereby making investment in the capital city of India a deal worth to be clinched.

Some premium residential locations in Delhi which are favored by expats, diplomats, industrialist and senior managers are Golf Links, Jor Bagh, Shanti Niketan, Westend, Anand Niketan, Neeti Bagh, Amrita Shergill Marg, Prithviraj Road, Vasant Vihar, New Friends Colony, Ishwar Nagar, Sunder Nagar, Chanakya Puri and Panchsheel Park.

Coming to the retail sector in the real estate segment, Delhi is already a hotspot for retailers. Delhi has been a traditionally a leading city in retail activity in the country. And the trend is continued as the cash-rich Delhi population is an ideal market for high-end retailers and this explains the presence of all the premium brands in the city. Almost all Indian retail giants are present in the Capital and looking at expansion plans, retail expansion in the National Capital Region (NCR) is primarily being planned in the new malls, located in the newly evolving retail destinations of Gurgaon and Noida. The traditional prime retail areas in Delhi include areas like Connaught Place, Khan Market, Karol Bagh, South Extension and Greater Kailash, continue to witness high demand. Khan Market is said to have the highest retail rentals in India, starting from Rs. 1200 per sqft. per month.

Real estate has always been about location. But over the years, it's becoming more about reputation and productivity. Driven by positive growth in the economy and large scale investments in the IT, ITES and BPO sector, the real estate in Delhi is booming and in a recent survey, Delhi has emerged as one of the top three investor's choice for real estate investments.

Commercial Office Space in Delhi has been at a short supply since long and market players do not expect the demand to soften in the near term. Earlier if a company wanted to go for office space they generally looked at Connaught Place, Nehru Place, Okhla Industrial Area to name a few. But today new and quality developments have come up in areas like Jasola and Saket by developers like DLF, Uppals, Saluja Salcon, TDI and others.

Hotels in Delhi are in short supply and the room availability is an issue both for leisure and business travelers. With the upcoming common wealth games in Delhi, both the Central and State government have taken steps to invite investments in Hospitality projects in Delhi NCR. The best places to stay in Delhi are Hyatt, Taj Mansingh, Eros Intercontinental, The Oberoi, The Luxury Collection by Maurya with prices starting from USD 250 onwards for a night.

Farm Houses in Delhi offer peace and tranquility but at a premium. Popular farm house locations like Chattarpur, Pushpanjali Farms, Sultanpur Farms, Gadai Pur, Sanik Farms, Radhey Mohan Drive, Rajokri, Brijwasan, Chawwala, DLF Farms, Westend Greens etc go for anywhere between 5 crore per acre onwards.

Real Estate Delhi - Buy, Sell, Rent Delhi Properties, Commercial, Residential Land Plots, Office, Retail space by our qualified property agents with extensive expertise in Delhi properties. Find Flats/Apartments listings and more from reputed Delhi developers.






Sign Up for Real Estate Trends, News, Events in India


 


Invest in Indian Real Estate - Apartments/Flats - Houses - Office Space - Land
Property Market India | Calculators | Real Estate Glossary| Advertise | Feedback Among us apk |

Copyright © 2006-2014 - Site Terms & Conditions - Disclaimer - All Rights Reserved.

The entire content of the IndianGround.Com website is protected under the provisions of related Indian and International copyrights acts. For more information refer to our site disclaimer and terms of use.