Investing in Real Estate Delhi NCR

Delhi Property at Makaan.com

Flats in Delhi have always been in high demand, high Delhi property rates have not dampened the spirit of buyers. Even though now many alternatives such as flats in Noida, flats in Ghaziabad and real estate Faridabad are available but still people prefer to invest in flats in Delhi. But for all those who cannot afford flats in Delhi due to escalating Delhi property rates or are looking to invest in a second home nearby flats in Noida, flats in Ghaziabad and real estate Faridabad present decent option.

Since the Delhi property rates have made property virtually unreachable for the common man people are looking for new alternatives present infront of them. But which one should they choose. Almost all the satellite cities of Delhi seem to be a good investment option which one will prove to be a better investment option in the long run. Well we have the answer for you so that you know which property deal is going to be a steal deal.  

People in Delhi who like invest in flats in Noida, flats in Ghaziabad and real estate Faridabad do it either for end use or for investment purposes. Real Estate has grown as an preferred asset class with more and more buyers looking at it as a preferred INVESTMENT option. Looking at the needs of these buyers, Makaan.com, India's fastest growing property site, offers two tools “INVEST” tab on its site and and Makaan.com Property Index. These tools allow the users to search properties that have given higher Rate of Appreciation (RoA) in the past years. The tools empower and offer the real estate industry with up-to date information related to movement in properties prices of flats in Noida, flats in Delhi, flats in Ghaziabad and real estate Faridabad which help people in making smart real estate decision-making.

Faridabad Property: An Economical Option for Buyers

Given a choice to buy property anywhere in Delhi/NCR, what would be your preferred location? Most votes would come for Gurgaon or Noida, Isn't it? What about Faridabad? You may seem skeptical about this city, given that only little is known about its prospect as an investment option and the other two cities take all the limelight. If you are keen on buying a property in Faridabad, there are so many factors that back the city as brining good returns.

The presence of good infrastructure has been the cornerstone for Faridabad real estate. The city houses several of central government offices, renowned manufacturing industries, and IT companies. The connectivity to the surrounding cities via NH-2 and the upcoming Yamuna Expressway that is built to relieve NH-2 of the congestion make the accessibility far too easier and less time-consuming.  So, commuting won't be an issue on day-to-day basis, if  that is an issue with you.

With some of the renowned developers like BPTP, Omaxe, Anjara, and Ansals getting a strong foothold here, the availability of flats with top-class amenities make buying apartments in Faridabad a good option. With the availability of land to develop and thinly populated localities attracting more investors, the city would soon be seeing more skyscrapers dotting the skyline.

The one thing that gives the Faridabad property an edge over other cities of NCR is the low price rates. So, affordability is the biggest factor why an average buyer can hope to buy a house here. Unlike Gurgaon and Noida where the rates are always sky-high, this city offers economical options. As more people are now seeing as one of the options, the price rates have started escalating here too. An increase of about 24% was recorded in the price rates/sq. ft in the past one year. And the price stood at Rs. 3862/sq. ft. in July, 2013, with the rest of Delhi /NCR standing at Rs. 5169. The upcoming electrification projects are going to boost the status of the city in terms of real estate. These  power plants are expected to generate1500 MW of electricity after becoming operational.

Makaan.com, a leading property portal in India, lists properties including houses, rooms, lands, office areas, shopping malls, warehouses, bungalows, villas, as advertised by the renowned developers and land owners from major cities. Buy, rent or lease the properties as per your budget requirements and other preferences.