The New Delhi and its outer regions are in expansion phase. The Real Estate Delhi is the prospective place to invest in North India for short time and long time capital gains. This is because the Delhi NCR and its suburbs are developing like anything. Most of the industries, IT hubs and SEZ have provided ample job opportunities in these areas. The more migrating masses enter in the more demand for residential properties arise here. However, with the development of express highways the outer areas are very easy to connect with central Delhi. The vast unavailability of land also leads to develop many high-rise structures in these areas.
Developing Outer Regions of Delhi
Northern Outer Region of Delhi: The prospective areas to invest in land and properties are places like Dharuhera, Gurgaon, Pelwal, Panipat, Sonipat, Mewat, Rewari, Jhajjar and Rohtak.
North Eastern Outer Region of Delhi: The prospective areas to invest in land and properties are places like Bulandshahr, Gautam Buddha Nagar, Meerut, Noida, Baghpat and Ghaziabad.
From the above places the Noida, Gurgoan and Ghaziabad is already developed and the city expansion is happening towards the other areas surrounding these places.
Investment in land: The Delhi outer regions are best to invest in land. There are many real estate agents acquiring acres of land and selling them to prospective investors in plots. If you own a 600 sqft of land is also enough to build an independent home in these areas. However, investment in land have prospective yield in the long term. Nevertheless, a small piece of land near the express highways has very good return in the short-term investment.
Invest in Residential Flats: There are many local builders here, who acquire land for collective investment purpose to build residential flats. If you have, a piece of land is also the cheapest way to own a flat. This is a happening concept and the demand for builder floor flats is preferred by budget class people and for rental purpose.
Invest in Mega Residential Projects: The smart way to earn capital gain is to invest in many of the upcoming mega residential projects in the outer regions of Delhi. You can own a semi furnished 2 BHK apartments of 1000 sq ft for INR 40 Lakhs with all facilities and amenities. These are gated community living and many IT working people wish to live in this type of residence for rental for the safety and security it provides them. There are many such residential projects coming on the sides of express highways of the Delhi outer regions.
Realty Prices Going Up in the Delhi Outer Regions
Knowing the prospective expansion of the Delhi outer regions, the real estate people are creating more faulty prices than the expected realty market price. This is however going jointly to the benefit of the developers, builders and real estate agents only. Since, you need to approach a broker or a real estate agent first to get a piece of land or property in the outer regions. This is because these are not market widely due to holding of properties under tiny investors. Most often, they promote these projects with local promotions only. You can find many such hoardings on the highways and pamphlet distribution happening in the outer regions. They do conduct free site visit on holidays. There are few major realty companies, who do market them through their website for online customers. It is advisable to check what the future development projects are coming near these places before you invest.