The real estate New Delhi is witnessing small and large segment residential projects, with big builders coming with state-of-the-art projects. The demand, though not equals the supply, yet it has not depreciated too much, like in other metropolitan cities. The empty units are still less than 10%, which is not a figure for worrying too much. The presence of top-level infrastructure, ready availability of top amenities, and good potential for development are the prime reasons why the city has been able to maintain its growth rate. As most of the factors are in its favor, even the foreign investors do not get scared from staking their money here. Recently, some foreign investors from Singapore have shown quiet an interest in realty sector of the city.
Due to increasing population of Delhi, real estate market of the city is at its peak. In the recent years, demand for residential properties has been remarkably increased. Being the capital of India, the city offers better education, income and growth opportunities to all. It is a hub of many renowned educational institutes, political and social activities and big corporate houses. Such significance of Delhi lures people from all around the country towards it in search of better opportunities or for spending quality time in the city.
People may have to move to metropolitan cities in search of better opportunities, but as cost of living is higher in such cities, it becomes really difficult to find out affordable shelters. Splitting up of joint families into nuclear ones is another major reason for the increasing demand for residential property in all metropolitan cities. Most of the people who come to cities, once get established in their career, choose to get settled in the city forever for 2 BHK rent in New Delhi.
Buying property in city like Delhi is not every one’s cup of tea. When the rate of rental properties is too high, it is difficult to think about buying property. Most of the individuals prefer to take shelter in rental properties in the Delhi during their years of struggles. There is a high demand for 2bhk for rent as well as apartments for sale in Delhi
and NCR areas. These apartments have much sufficient space to serve residential needs of the small family including couple and children. These apartments are among hot selling properties in India due to most economic price ranges and sufficient space to accommodate needs of majority of families in India.