Property investment in India is the hottest topic of discussion in today’s scenario. Adjoining Delhi at the borders, NCR’s are the investors’ next favorite investment destination in India. The development drive in the NCR has certainly yielded some benefits to the Delhi as well. The hottest and happening like Gurgaon and Noida are now the buyer’s most wanted investment residential properties. However, the charisma of commercial property in these locations is still maintained. Apart from this, Faridabad and Ghaziabad too are in the race for economic progress and India real estate investment brigade. Some of the primary reasons that pull investors’ interest are excellent infrastructure, good connectivity and modern standard of living. This is why these regions are garnering eyeballs of global investors like IT and BPO companies who are vying to grab a property in this area.
Next in line with commercial property is residential sector that is much in demand by the NRI investors for real estate investment. In India, the scenario was such that the realty sector witnessed highest ever price rise as much as double the former cost. The red-hot real estate market such as Delhi-NCR became the investors’ top choice. However, the situation has doused a bit now, but the experts still anticipate the real estate prices to blow up the limits.
As a matter of fact, NCRs are now giving a neck to neck competition to Delhi, as far as real estate investment in India is concerned. As Delhi is losing investors to these neighborhood towns, NCR is now emerging as strong competitor with a winning edge in terms of developed infrastructure, new constructions, and affordable costs. On the other hand Delhi trail behind due to age-old vulnerable edifices that require reconstruction or at least renovation and to the top of that exorbitant property rates.
Gurgaon has witnessed a paradigm shift from being the official headquarters of kingpin MNCs and corporate houses to the serene and lavish residential paradise. As the Indian economy is flourishing with rapidly increasing Per Capita Income and accordingly increasing spending power, the Gurgaon city is on its way to achieve acme of success. Property investment in India has transcended all the barriers both in investment residential properties and commercial spaces. Real estate investment in India is the latest buzz creating a flutter in the global market.
Noida too has gradually emerged as the handsdown winner for real estate investment in India. Thanks to respective governments’ progressive vision that materialized in the present day urbanized Noida. It is now one of the yearned investor’s choice due to its strategically devised master plan and hassle free connectivity to Delhi and other neighboring regions. With burgeoning investments by IT investors, Noida has now become the supreme IT hub in India. Whether its residential or commercial property investment in India, investors are moving in droves towards Noida.
