Delhi is the capital of the country and a commercial and political hub. This is reason enough to make it a popular real estate hub in the whole country. NCR includes regions like Noida, Faridabad, Ghaziabad, Gurgaon and Bhiwadi. It covers an area of 33,578 sq km and is one of the largest national capital regions in the whole world.
Owing to noise and pollution, and space problems in the national capital, the regions located near to Delhi have become popular regions to invest in real estate in past few years. Thousands of people flock to Delhi & NCR from all over the country for education purpose or to earn a living. Delhi & NCR Property has witnessed a period of significant growth and is expected to sustain in future also.
Commercial Properties Best Places to Invest Some of the popular places where commercial properties can be bought are Sector 10, Noida; DLF Cyber City, Gurgaon; Sector 127, Greater Noida Expressway; Sect-62, Noida; Sector-15, NH-8; Sector 144, Greater Noida Expressway; Sohna Road, Gurgaon etc.
Projects The current commercial market in Delhi & NCR is characterized by various new projects that were launched in the PBD area like Jaypee Chambers", "Wave City Centre" and "Logix City Centre" in Noida. The One Horizon Centre" and "Athena" in Gurgaon are also very big projects.
Residential Properties Best Places to Invest Some of the popular regions in Delhi & NCR, where residential properties can be bought are Supertech Emerald Court, Sector-93; Builder Floor Apartment , Vasundhara; Tughlakabad; ATS Greens Village, Sector-93 A; Aditya Mega City, Indirapuram; Gaur Greenvista Phase I, Indirapuram; Niti Khand II etc.
Projects There has been significant development in residential real estate in Delhi & NCR in past one year. The major contribution has been given by real estate developers like Supertech Ltd especially in regions like Noida, Gurgaon and Ghaziabad. With the expected infrastructure growth in Noida, the townships in Noida would further grow.
In Dec 2013, the mixed-land use policy was approved by the authorities in Noida. According to this policy no restriction would be imposed on constructing and developing residential facilities in Noida, for maximum utilization of space. The real estate sector in Delhi & NCR has been reinforced by the government agencies and authorities that have introduced favorable measures like Regulatory Bill and REITs for the purpose. Real estate in the regions is also expected to witness boom owing to the reforms suggested by Union Government for retail and FDI.