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