Best Destinations for affordable housing in Delhi-NCR

The Indian real estate market is witnessing huge consumer demand for affordably priced properties across segments. Delhi-NCR is no exception and is also a witness to overwhelming demand on part of the lower and mid income segments for competitively priced apartments in decent locations. There are several affordable housing destinations in Delhi-NCR as per India property analyses and reports. If you’re truly looking for budget housing options in the NCR-Delhi real estate market, you would do well to check out markets like Neemrana, Bhiwadi, Alwar, Bhiwani, Dharuhera and Bharatpur which are witnessing huge growth and also offer immense potential in terms of capital appreciation. The latest round of growth and expansion in the NCR has created several budget housing opportunities for developers and customers alike. Three districts have been conjoined to the NCR, taking the total tally to 19. Affordable substitutes like Bhiwadi and Dharuhera are set to emerge as hubs for both residential and commercial growth owing to several upcoming infrastructural developments. These include the upcoming Honda Siel car plant at Khushkhera, the establishment of Rs. 3,000 crore worth of industries in Bawal and the railway and Japanese corridors. The development of the KMP Expressway and connectivity to the National Highway 8 are also driving growth in Bhiwadi and Dharuhera in addition to the innumerable factories and industrial units setting up shop in these areas.

Neemrana is another top destination in terms of affordable housing in the real estate Delhi-NCR market. Neemrana is well connected to several areas through the National Highway 8 which also offers access to the Indira Gandhi International Airport. Neemrana is also a part of the landmark Mumbai-Delhi Industrial corridor. The market for affordable real estate in Delhi is expanding to include these suburban destinations in the NCR that still offer reasonably priced properties and infrastructural benefits galore. The proposed global city on part of the Rajasthan Government and the establishment of the regional railway transport system between Delhi and Alwar through Rewari and Gurgaon could change the face of the area in the near future and garner huge returns on investments made now.