Property in Delhi/NCR

Property at Makaan.com

Delhi has been the hub of real estate business for long, thanks to the commercialization that it has seen over years. Property in Delhi/NCR remains a hot topic throughout the year, a scenario that is attributed to the availability of the residences available and the fast pace at which new projects have been coming into being in the market. In response to the high demand for property, the city and its surrounding areas have captured a huge real estate market.

As far as the demand for the residential property is concerned, the city has never seen a downturn. Being able to meet the demands of an avant-grade society, it has remained popular among both sellers as well as buyers of the real estate business. For the buyers looking out for property in Delhi/NCR, the choices are unlimited. The areas in and around Gurgaon, Noida, Greater Noida, Ghaziabad, Faridabad, and Dwarka have seen an unprecedented growth in term of construction of multistories. This, in turn, has attracted a large chunk of population to seek residential property in Delhi and its adjoining areas.

Let's us have a deeper look into the Delhi/NCR real estate scenario at present. Apart from Gurgaon and Noida, there are several areas in the city itself that are particularly popular among buyers. See, for example, the status of property in South Delhi. The localities like Hauz Khas, South Ex., Greater Kailash,  New Friends Colony, and Chankyapuri are the favorites of elite and upper middle class. Most of these colonies are posh and the houses are laced with all the mod cons. So, the rates are obviously higher here, soaring to crores! If  money is not the major concern for you and it is the luxury you are looking for, opt for a house here.

In other parts of the city like Bindapur, Karol Bagh, Uttam Nagar, Kohat, Naraina, Hari Nagar, and many others, the rates are relatively lower and within the reach of the middle and the lower middle. Though not much of the new property Delhi is popping up due to lack of any worthwhile space left, the vertical construction is still going on.

If you are an owner or a developer and have some property for sale in Delhi, advertising on real estate portals can be a really good idea. There are many property sites that are dedicated to the buying and selling business; have a look through them and search what you are looking for. Makaan.com is one such portal where you can find both the residential as well as commercial spaces to buy, sell, or rent in major cities of India.