The National Capital of India, New Delhi is a major political, cultural and commercial city and one of the most imperative locations for any residential, commercial and even industrial property in India. Situated in the Northern India on the banks of Yamuna, Delhi has been the National Capital since independence. In terms of area and population, Delhi is among the largest metropolitan cities in India. With its total area expanding to 1,484 sq. km., Delhi is home to more than 12 million people. Despite a high population Delhi promises huge opportunities in the Real Estate Sector. Delhi shares its border with Haryana in North, South and West, and with Uttar Pradesh in the East. The cities like Faridabad, NOIDA, Greater NOIDA, Gurgaon and Ghaziabad constitute the National Capital Region (NCR).
Over the years India has witnessed a frenzied revolution in the domain of Real Estate. The boom in Real Estate Sector can be apparently observed in the Delhi NCR area. The area of Delhi and NCR is home to some of the best in country Luxury Apartments, Corporate Offices, Industrial Sites and many other kinds of property. It offers the world class facilities of water, transportation, electricity, car park etc; Delhi NCR has cemented a unique place in millions of hearts.
The Commercial Capital of Northern India, Delhi is well connected to the adjacent cities by road and by Metro too. The Metro projects of Gurgaon, Ghaziabad and Faridabad are still under progress, while NOIDA has been well connected by Metro. Within Delhi, the metro network expands to more than 56 kilometers with 78 stations in operation. CNG run World Class Low Floor Buses ply under the DTC which hugely caters to the public transport demands of people living in Delhi and even in NCR. CNG run auto rickshaws are also a popular means of public transport in Delhi. 5 National Highways connect Delhi to many Indian cities. The Delhi-Gurgaon Expressway connects Delhi with Gurgaon and the international airport. The DND Flyway and NOIDA-Greater NOIDA Expressway connect Delhi with two flourishing suburbs.
Constant growth and development in this region has resulted in booming Real Estate scenario. With the arrival of Metro most of the areas in Delhi and NCR have witnessed a gigantic rise in the property. Areas which had previously recorded very low capital and rental values have experienced a 100 per cent rise. This is more than an indication that how fruitful it can be to invest in the Delhi NCR. Many areas in West, Central and East Delhi were the first ones to witness the rise due to Metro. Upcoming projects (which connect the South Delhi with metro) will result in the soaring investments in South Delhi.
NOIDA, Gurgaon, Faridabad and Ghaziabad which constitute the NCR are home to numerous Industrial and Commercial Complexes. NOIDA and Gurgaon are abode to many IT, BPO etc industries. Big players in the Real Estate domain have invested in the NCR area which promises plenty to its investors. Many Housing Societies, Commercial builders have benefitted from the fruitful projects they laid in the NCR.
