It is quite a new normal if you are feeling confused about your investment prospect in the best property in Delhi NCR Real estate. The question which everyone wants an answer for “Is this the right time to invest in Delhi Real Estate Market or is it even right to buy the flats in Delhi”? Well, to answer this out in laymen’s terms, the marketers at real estate major, SeedWill Consulting Private Ltd Delhi put forward the reasons why you should opt-in for best deals and the hotspots to consider prior to making a purchase.
Why it is High Time to Invest in Delhi Real Estate
1. Decline in Interest Rates
Property Consultants in Delhi, suggests, chances are there that the rental outcome has remained intact, the decline in the interest rates on deposits is what makes them more attractive from an investment perspective. Majorly all real estate consultants in Delhi depicts that the difference between rental outcomes of 3 per cent (approx.) and deposits ROI of 7 per cent has gone very narrow.
2. Luxury property at attractive prices
Due to the cash crunch and the monetary policies and fiscal policies implemented by RBI and the Central government to infuse liquidity in the real estate market, there is a substantial decline in property rates and this has boosted demand in the housing sector to suffice their dream to have a permanent shelter including flats in Delhi or luxury apartments. As per the trend reports it is expected that the demand for spacious commercial and residential housing accommodations will grow further in 2021.
Some of the Promising Real Estate Hotspots in Delhi-NCR
1. West Greater Noida
Also termed as Noida Extension, Greater Noida West is a prime location offering many of the mid-high segment flats in Delhi which attracts a lot of families hailing from the MIG segment or the middle-income group. It is well connected to the best Educational institutions and Health care facilities which makes it the most fancied location in Delhi/NCR.
Initially, an industrial hub, Ghaziabad presently is a hotspot of major housing sectors with access to key amenities. The efforts by the GDA or the Ghaziabad Development Authority and the Central Government in terms of rapid approvals for the projects under the ‘Housing for all scheme initiative have really helped shaped this NCR town.
3. Dwarka Expressway
Generally termed as Northern Peripheral Road, Dwarka Expressway is strategically located and a promising real estate housing accommodations hub for homebuyers from various segment and categories. Other substantial factor that have made this location a desirable spot for luxury property investors is the spacious surrounding in and around it. Here, one gets comfortable area to enjoy living larger than life, as compared to other parts of Gurgaon.
The Covid19 situation has restored investors faith in investing in a real estate sector that can be Flats in Delhi under the Best property in Delhi which can be used as a passive source of income, and it is also expected by the marketers at SeedWill consulting Delhi that Real estate will experience a boom in buying of residential and commercial housing accommodations in the year 2021.