In recent times, the Delhi real estate prices have soared towards the skies, and this has led to a tremendous growth in real estate business. Due to the commencing of Commonwealth games 2010, the Delhi city has witnessed drastic change in the infrastructure improvements. This has changed the entire look of New Delhi , bringing it a worldwide standard.
Ever since the development of the Metro Rail has taken place, this has caused a very fast increase in the real estate property development. This is one of the most important developments taking place in the Delhi city, at present. The latest trends taking place in and around Delhi is proof to the rise in the rate of various properties in the areas surrounding Delhi. Apart from being the capital of India, Delhi, also provides an opportunity for investors seeking to invest in Delhi real estate property. Delhi NCR consists of 13 Special Economic Zones with leading Multi-National Corporation’s having their regional offices in and around the Delhi city. The industries driving the growth of real estate developments in Delhi are:
- IT and ITES
- Corporate consolidating & relocating corporate houses
- Insurance & Banking
- Telecom & Power
- Liaison offices of industries such as Aviation and Retail
- FMCG and Media
The Delhi real estate market greatly depends on the progress in the infrastructural developments and hence on the Delhi real estate prices. Due to the improvement taking place in the connectivity in certain areas, has led to the increase in rental and Capital Values of the Delhi real estate properties.
Major Infrastructures like Express Highway, residential incorporated townships, leisure parks, planned international airport and railways and DMRC providing connectivity to the NCR region is growing the Delhi real estate market far beyond the boundaries of New Delhi. The major builders and developers associated in the Delhi real estate market and National Centre Regions are:
- Ansal API
- Dwarkadhis Developers
- Eldeco Infrastructure & Property Ltd.,
- Eros Builders and Developers
- Gaursons India Ltd.,
- Jaipuria Developers India
- M2K Developers
- Crossings Republic
- Raheja Developers
- Shipra Group of Builders and Developers
- Supertech Group
The recent news in real estate of New Delhi is that the real estate cost in and around Delhi have skyrocketed owing to the on-going developments taking place. The most costliest regions falling under suburban section in New Delhi includeKarol Bagh, Saket, Hauz Khas, Greater Kailash, South Extension, Chanakya Puri, Vasant Vihar, Defence Colony, Lodi Colony, Gol Market, Janpath and Rajendra Nagar. In business-related areas like Connaught Place, Barakhamba Road, Curzon Road, Janpath, Gol Market, Lodi Colony, Janak Puri, Defence Colony, Vasant Vihar, Chanakya Puri, South Extension, Greater Kailash, Hauz Khas, Saket, Karol Bagh, and Gurgaon. The Delhi real estate brokers in Delhi can provide their assistance in any real estate dealing such as buying, selling or renting or leasing any Delhi real estate properties. The terms in regards to rent or lease of a property and the negotiated price should be mentioned clearly in property dealing. In this case the real estate brokers in Delhi could prove useful. The Delhi real estate brokers provide excellent services in the Delhi real estate market through their experience and skill.