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Why Delhi Real Estate Is Having Such A Good Value?

Why Delhi Real Estate Is Having Such A Good Value?

<p style&equals;"text-align&colon; justify&semi;">Delhi <strong>real estate <&sol;strong>has made great progress over the last decade&period; It has consistently rewarded long term investors and has given them returns in the excess of 15&percnt; annually&period; Indeed&comma; it is one of the few realty markets in India where the dual approach of capital appreciation and regular rental incomes are working well in tandem&period; Due to steep price appreciation&comma; the rental income in this region when compared to the original cost price ranges anywhere between 10&percnt; to 15&percnt; as against countrywide average of 1&percnt; to 5&percnt;&period;While&comma; the capital gains herein the last 10 yearshave been 2 to 4 times&period;Let’s now find out why Delhi <strong>property<&sol;strong> is having such a good value –<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;"><img class&equals;"aligncenter size-Correct-Size wp-image-12048" src&equals;"https&colon;&sol;&sol;medusamagazine&period;com&sol;wp-content&sol;uploads&sol;2015&sol;05&sol;Why-Delhi-Real-Estate-Is-Having-Such-A-Good-Value-640x426&period;jpg" alt&equals;"Why Delhi Real Estate Is Having Such A Good Value&quest;" width&equals;"640" height&equals;"426" &sol;><&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"> <strong>Largest Trade Center<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Delhi&comma; the capital city of India is the largest trade and commercial center in the entire North India&comma; with a GDP worth more than 28 billion dollars&period; This has led to increased demand for good office space and has pushedthe realty prices to new highs&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Highest Per Capita Income<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">This city has the highest per capita income of nearly 25 thousand rupees&period; Additionally&comma; it is also home to large number of ultra-high net worth individuals &lpar;UHNWIs&rpar;&comma; most of who have invested heavily in <strong>real estate <&sol;strong>leading to increased valuation&period; The increased prices in this area have meant that most middle class people cannot afford homes here&comma; and hence they either have to rent an accommodation or look out for <a href&equals;"https&colon;&sol;&sol;housing&period;com&sol;in&sol;buy&sol;gurgaon&sol;1bhk-gurgaon"><strong>1 bhk flat in Gurgaon<&sol;strong><&sol;a> or Noida&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Creates Huge Number of High End Jobs<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The mega city also creates large number of high end jobs&period; Hence&comma; the number of migrants to this metropolitan is constantly on the rise&period; Most of these workforces are employed in IT&comma; e-commerce&comma; banking&comma; finance&comma; insurance&comma; retail&comma; health&comma; pharma&comma; telecommunication&comma; banking and tourism firms&period; The high earning population has resulted in high demand for residential housing&period; With very little new constructions happening in this region&comma; the cost of <strong>apartments<&sol;strong> has risen steeply and most of the transactions are taking place in the resale segment&period; Also&comma; more and more people in this area prefer to transact online through online real estate portals like Housing&period;com&comma; owing to&colon;<&sol;p>&NewLine;<ul style&equals;"text-align&colon; justify&semi;">&NewLine;<li>Unparalleled convenience&comma; ease of use and hassle-free services<&sol;li>&NewLine;<li>Competitive prices&comma; and<&sol;li>&NewLine;<li>Access to large number of properties at one place<&sol;li>&NewLine;<&sol;ul>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Offers Best Utility Services<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">More often than not&comma; it’s the utility services that determine the realty prices and this is where Delhi scores highly&period; The New Delhi Municipal Corporation &lpar;NDMC&rpar; has done an excellent job on this front and has gotall bases covered&period; The water&comma; electricity and sewage treatment are all taken care of in timely and professional manner such that the residents are not bothered in any which way&period;<&sol;p>&NewLine;<h3 style&equals;"text-align&colon; justify&semi;"><strong>Excellent Transportation Facility<&sol;strong><&sol;h3>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Last but not the least&comma; transportation facility in Delhi is excellent and it is well connected to all neighbouring cities and states of India by all modes of transportation – road&comma; rail and airways&period; The Indira Gandhi International Airport connects it to the rest of the world and has played a key role in making it a major economic center&period; In fact&comma; its trending Delhi <strong>real estate<&sol;strong>&excl; And as per the recent news&comma; <a href&equals;"http&colon;&sol;&sol;accommodationtimes&period;com&sol;delhi-ncr-real-estate-market-overview&sol;"><strong>property market in this region<&sol;strong><&sol;a>is all set to enter the multi-decade bull run cycle in the coming few years&period;<&sol;p>&NewLine;

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