Delhi, the capital city of India, is one of the most happening cities in the country with growth and development beyond comparison in almost all sectors. The escalating development of infrastructural facilities in this capital city has contributed hugely to the ever-growing number of professional property dealers and construction companies. Today, the country’s best building construction companies are offering their services in the city for all types of building construction jobs with global quality construction parameters.
Delhi’s real estate today has become one of the most desired places to invest as the city offers incredible rewards for a large number of reasons. And, despite the constant rise in real estate prices, there is no dearth of investors who are desirous of availing of highly profitable opportunities by making a huge investment in luxury
penthouses in Delhi.
In the past 10 years, the city of Delhi has undergone a complete transformation in terms of infrastructure facilities including the world-class metro network, ever-expanding road networks, flyovers, and new-age housing societies. All this has triggered and augmented the need for more housing solutions and
luxury flats in Delhi.
10-12 years ago when the metro network was still in infanthood in the city, traveling from one place to another was not that easy in the city, and people had started viewing the city in a negative light. All the industrial units which used to create pollution within the city were made to shift, and on the transportation front, the concept of CNG was introduced and made compulsory, particularly for the public transport system. All these things have made the city again a hotspot of global happenings. Today, all global and national business giants consider it necessary to establish their offices in the city at any cost.
In light of the above, this blog sheds light on some of the salient reasons why investing in Delhi real estate is always a profitable deal-
The city offers a plethora of investment opportunities in real estate
Be it a common housing society, flat type housing scheme, luxury apartment, or bungalows, the demand for residential properties in Delhi is always on the rise. There are builders and construction companies in Delhi that build beautiful and luxurious apartments in various parts of the city. Most of these structures are equipped with all the amenities such as:
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Gymnasiums
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Shopping complexes
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Theatres
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Swimming pools
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Fitness centers
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World-class hospitals
Many of these luxury apartments are in very close proximity to metro stations, bus terminals, airports, and industrial centers that not only provide structures with high value but also make them perfect for a better return on investment.
A stream for passive income
Creating a stream for passive income is another reason people invest in the real estate projects in Delhi. Once you invest in any type of property in any part of the national capital, you create a strong source of passive income in the form of rental value. Be it a commercial piece or a residential one, all types of properties in Delhi offer a robust income.
All properties are away from legal hassles
The real estate market in Delhi is comparatively more transparent and legally enticing than any other part of the country. The government of Delhi has made never-before efforts to make this sector safe for both common buyers as well as those who buy different types of properties just for the sake of investment purposes. Almost all big properties in the city come without any legal hassles, and this entices buyers and investors from across the country to invest in the city without any apprehensions or fears.
Renting is a big fat industry in Delhi
It is an open secret that renting out homes in the city has turned into an industry and it is no more a small business. Thousands of people come to the city every day in search of jobs both in the government as well as the private sector with a determination to never go back to their hometowns. More than 75% of people including skilled and non-skilled ones come to Delhi to settle here permanently. This scenario creates more and more needs for residential units in the form of small flats, luxury apartments, and homes on freehold properties.
Making the most of this opportunity, the landowners with the help of the best builders and construction companies in Delhi create structures keeping in view the needs of people belonging to different social strata and rent out the entire structure earning huge every month. Another reason that contributes hugely to the flourishing of the renting industry in the city is that almost 90% of new entrants into the city live on rent for years because buying their own home in Delhi in the initial years is beyond their reach completely. As a result, they have to live on rent creating the need for more and more homes year after year.
The investors are well aware of this fact and make the most of this opportunity. There are thousands of buildings that have been created by the best builders and construction companies in Delhi just keeping in view the income from renting, and the owners have to do nothing with them other than getting heavy rent every month.
Better law and order, elevated lifestyle, and world-class amenities
People invest in the properties in Delhi because the demand never meets the supply, and as a result, every day new opportunities emerge and the investors make the most of them. Although there are a large number of reasons behind why the demand for both residential and commercial properties in Delhi always remains on a new high, better law and order, a sense of security, elevated lifestyle and world-class facilities are what trigger people to make Delhi their permanent destination.
Conclusion
Being the national capital of India, the city of Delhi has its bewitching charm and significance. And, when it comes to real estate, it has always been the investors’ paradise, and will always be. Investing in any kind of property here is a guarantee of the best returns, because property rates, be it a piece of plain land or a well-built structure, increase every day. The demand for both residential and commercial properties in the city is never going to witness a chute.