Housing Property building up in Delhi

Actually all Indians know that New Delhi is the heart of India as it is a political, cultural and social hub of the country. The Property in Delhi has been always in demand irrespective of its constantly growing prices and increasing population. Delhi real estate constantly sees a lot of movement happening from selling and buying to leasing and renting of properties as they know Delhi is one of the most coveted real estate areas particularly for residential property buyers.

Residential spaces in Delhi are increasing with various plans from DDA coming up in next two years. The projects include: Dwarka residential project in West Delhi, Bio-diversity Park along the Yamuna banks in East Delhi and a spiritual garden in South Delhi.

Ansal Properties is also trying their hand in Delhi’s real estate in Ansals Sushant City and Valley View Estate.

Almost all the city has already been developed; Dwarka seems to have become an apparent option of real estate developers for further residential development because it is very near to the corporate hub, Gurgaon as well as correctly associated with rest of the city. The running of Delhi metro train in Dwarka has made easier for the residents. Low Crime rate in this part of Delhi is also a factor to investment for the real estate developer.

The idea of service apartments is also being introduced in this metropolitan city to cater to the constantly increasing housing needs. The demand for accommodation has been growing up due to a number of visitors coming to Delhi every month. Delhi offers some of the best fruitful educational and employment circumstances, thus, attracting migration in great amount. Service apartments are the well equipped that promise a nice staying experience and are fast gaining agreement from all. The international students and tourists like to live in such serviced apartments as they charge lesser than hotels moreover provide a safe homely stay. More investment is being made in this area.

The most desirable residential locations of South Delhi are Golf Links, Chanakyapuri, Jor Bagh, Sunder Nagar, Maharani Bagh, Vasant Vihar, and Friends Colony. These places have several stylish and traditional apartments and bungalows, large buildings, independent houses, etc. with lawns and gardens. These areas are surrounded by nature with other famous parks like Delhi Zoological Gardens, Buddha Jayanti Park, etc. It has many American, German and British schools and many embassies are also located here.

Similarly, Property in west Delhi and Central Delhi offer several options from Kothis to floors to apartments. These areas are well linked by metro train and road. A number of malls and multiplexes are coming up all around them and are gaining more fame every day. North Delhi has many famous colleges and schools and East Delhi is also witnessing more development.

Delhi is rich in residential facilities and is growing per day with efforts from both residents and government.

William Hanna is a passionate writer. She writes on topic like property in dwarka, flats for rent in dwarka etc for the website http://dwarkaapartment.com

Delhi Property: India’s hottest Real Estate Destination

Delhi has always been known as a trendsetter in India’s real estate industry. Delhi real estate is one of the largest real estate sectors in the country because of its status as the capital of India, remarkable infrastructure, higher per capita income and irregular combination with national and international cities. It has attracted a number of foreigners to direct investment since 1990s that guide to many multinational business organizations have installed its operational bases in Delhi and connect places also made Delhi real estate one of the best real estate locations in India. Thus, Delhi real estate property market has become a bigger attraction for global investors in the real estate development.

Residential real estate

Appeal for Delhi housing real estate market is always high due to flow of tourists, migrants and students and professionals from other parts of the country. That’s why huge demand for Delhi’s housing plan due to which the connect areas of Delhi i.e. the National Capital Region (NCR) areas of Faridabad, Gurgaon, Noida, and Ghaziabad is arising as the most desirable real estate location next to Delhi real estate market. In Delhi real estate market, the properties sell for millions of rupees in the post areas of South Delhi. This flow is moderately shifting towards the other parts of Delhi like Dwarka due to big demand from the corporate leasing and diplomats who choose for high end comfort properties to pillar down in the city. And also, Delhi housing rental values for flats and independent houses are quite high.

The other arising residential areas in Delhi residential real estate market are Dwarka, Narela and jasola.

Commercial real estate

Delhi real estate is an important place alternative for growing MNCs and Corporates to pour more investments that has led to the development of commercial real estate market and also the latest smash in Delhi real estate is due to the big order investments to host Commonwealth Games 2010 in the city. The city is preparing up to meet a no of flow of tourists during 2010 that in turn guiding to the development of the hospitality management in Delhi property market. Sooner or the later, Delhi real estate market is expected to have 27 new hotels, serviced apartments and other forms of development with over 4900 rooms in various portfolios in the next forthcoming years.

Road ahead

In latest years, Delhi property market scenario is becoming different due to low demand in obtaining luxury housing properties. Now, the concentration is switching towards the bearing housing concept irrespective of Delhi being the one of the top three liked investment place in Asia. Thus, Delhi is turning as a famous investment place in the housing and real estate sector that has led to the price intensification making real investment deal value for both the investors and buyers. This changing has made Delhi property market to reconstruct itself from ‘walled city‘to a ‘World City’ in the future.

William Hanna is a passionate writer. She writes on topic like schools in dwarka, dwarka flats for rent etc for the website http://dwarkaapartment.com

Today’s hot real estate property: Dwarka

In the past couple of years, Dwarka’s real estate market has certainly been subjected to an example shift. Dwarka is witnessing a new flow in lifestyle living with high-rise apartments and planned townships coming up in the region. Apart from residential flats and apartments, the concept of mixed township is also conducting in Dwarka with many remarkable players busy developing restricted projects here.

In two years, the price of residential property in dwarka has doubled. One cannot get a better residential possession in less than Rs 70 lakh now. And what came as a gift in Dwarka is Metro, which has came out as a matter of big availability for the residents here. Before that, it was not easy for the residents to travel to work to far fled areas like CP and North Delhi.
Dwarka has total 29 sectors, of which, 23 are functional. And because of the Metro and underpass, residence of place rate in the city has reached to 40% as against 20%. It can also go up to 70-80% if the CBI clears all the colonies. There are so many people who are really interested in buying a residential property in Dwarka.

Within a few years, ISBT will also establish in Sector 23, Dwarka. Besides being closely connected to the airport, it provides added advantages such as well planned areas, wide roads, big marketplace and a better combination of many important places in the Capital City.
The most important growth in the city is a ten-acre fashion focal point, which is going to come up in the city among various others. Also, with the individuals having hunger for entertainment, in the coming future it is certainly going to become one of the most happening places in Dwarka.

On the whole, Dwarka definitely has a bright future as the government has planned its Phase II in terms of relocating some prime usage there.

As there is lacking of land in the rest of Delhi, Dwarka has become an only choice for real estate investment in the region. Sector no. 23 is almost developed and Sector 24, 25 and 26 are under construction, amongst the 29 sectors of Dwarka.
On the other side, the coming up of 32-lane Expressway has unusually linked Dwarka with Delhi, and the real estate values here have a positive impact of the growth.

Co-operative Housing in Dwarka

In Dwarka, Co-operative Group Housing Society (CGHS) made a big component of housing type. More than 350 CGHS have got the portion assigned of land out of which 75 per cent has been finished and another 25 per cent are in an advanced stage of completion. Amongst CGHS, over 70 per cent comprises 3BHK apartments and above while the others are studio apartments and 2BHK apartments, which are very few in count.

There are around 326 CGHS that are currently funtional and on an average 100 people stay in a society. If compared to other big colonies such as Rohini, Dwarka’s flats are much more costly. If you are going to purchase a normal and simple flat in Rohini costs around Rs 35 lakh while the similar one in Dwarka costs Rs 55 lakh.

As per a real estate broker, Mr. Jai Saini of Saini Estates, “Three-four years back, people who had invested in Dwarka would sell off a 2BHK apartment to take a 3BHK apartment in older colonies of West Delhi such as Janakpuri and Vikaspuri.”

William Hanna is a passionate writer. She writes on topic like New DDA flats, real estate agent in Dwarka etc for the website http://dwarkaapartment.com

Current real estate situation in Delhi

Delhi has always been the most look for after real estate destinations of India. In past two years, Delhi real estate property market has witnessed a numeral development rate as extremely large improvement in the transportation area, expansion of Delhi Metro Rail from one end to another end and the ceremony of 2010 Commonwealth Games in the Delhi. A property and building dealing consultancy firm had recently rated New Delhi as the 16th most costly real estate market of the world and one of the expensive retail place in India. The demand for building development is considered to remain booming across Delhi property and building development estate market due to a big demand from IT/ITES and other so many sectors.

Delhi residential property market has observed extreme large development as of big demand for housing from so many sectors. South Delhi is one of the most happening housing places in Delhi real estate market. The big homing localities in South Delhi include: Ashram, Amrit Puri, Alakananda, Anand Lok, Amar Colony, Bijwasan, Bhogal, Bikaji Cama Place, C.R. Park, Defence Colony, Central Market, Delhi Cantt, Dilshad Garden, East Of Kailash, Deoli Village, Freedom Fighter Colony, Ghitorni, Friends Colony, Gautam Nagar, Golf Link, Hauz Khas, Green Park, Greater Kailash, Gulmohar Park, Jasola Vihar, Kailash Colony, Jungpura, Jasola Vihar, Jamia Nagar, Kailash Colony, Lajpat Nagar, Kalkaji, Khan Market, Nehru Place, Munirka, Mahipalpur, Mehrauli, Malviya Nagar, Malviya Nagar, Netaji Nagar, Okhla, New Friends Colony, Nizamuddin, Okhla Industrial Area, Niti Bagh, Safdarjung Enclave, R K Puram, Panchsheel Park, South Extn., Sudarshan Nagar, Sheikh Sarai, Saket, Sangam Vihar, Sarojini Nagar, Sarita Vihar, Sarvpriya Vihar, Vasant Vihar, Sunder Nagar, Vasant Kunj, etc.

And the rental values of residential properties like the flats, villas and duplex houses are intensely at higher phase.

Delhi, the national capital of India is one of the hottest destinations for investors. One of the best reasons why Delhi is an investor’s first concern is due to its good connectivity with almost every most of the cities in India. Other than this it is well connecting city to all international airports. The residential property prices in Delhi in past 2 or 3 years have been quite excessive.

Due to all these various reasons, the rates of property in Delhi immensely increased. But with the gradual decrease, people can see the prices for both the commercial and residential properties gradually decreasing.

Delhi’s Khan Market has also been in the news recently for being one of the expensive retail locales in the world.

Till some time back, in the commercial and residential market division, Delhi has been known to have made the most excessive business dealing as properties have been sold for millions. This flow which was in the beginning ordinary in the luxurious localities of South Delhi is now moving towards in the beginning less meaningful places like Dwarka.

William Hanna is a passionate writer. She writes on topic like New DDA flats, real estate agent in Dwarka etc for the website http://dwarkaapartment.com