What Are The Best Projects In Delhi/NCR To Invest In Property?

by Vicky Kaushal Digital Marketer

Delhi is bustling with a range of developers' projects. The capital of India projects offers different amenities and offers varied price ranges and profiles. Because different markets have different USPs, it's difficult to know where to buy a home in Delhi/NCR.

So, look for properties in places with good access to highways, hospitals, schools, airports, and railways, among other things. Let's have a look at some of the areas where end customers might get a good deal on a house.

The following areas projects are good places to invest.

DELHI NCR

DLF One Midtown, a residential hub in Delhi is a part of Delhi NCR. It is located in Moti Nagar, West Delhi and offers houses with many automobiles, electronic industries and more. The USP of this location is that it offers proximity to the various parts of the city, well-planned infrastructure,employment opportunities and affordable prices of the apartments. The property in Delhi's starting price of 1750 sqft is 3.50 Crore.

Affordable housing is the next real estate powerhouse in India. Companies are going even further into the hole, issuing smaller home loans. The subsidy benefits under the Pradhan MantriAwasYojana's Credit Linked Subsidy Scheme CLSS are up to Rs 2.67 lakhs. PMAY is enticing to end customers to buy a house. Sohna Road, Moti Nagar, Sadar Bazar are some of the regions where they can buy.

Moreover, Sohna Road is a profitable home buyer. The ATS Sohna Road Gurgaon Low Rise apartments have proximity to various sections of Gurugram and Delhi NCR. Delhi is famous for both commercial as well as residential property. Commercial projects are getting hyped just like residential projects. Devika Sadar Bazar is one of the top and most affordable commercial properties in Delhi's busiest location Sadar Bazar.

Furthermore, Under the Pradhan MantriAwasYojana's CLSS, participants in the Middle Income Group MIG II can receive a subsidy of up to Rs 2.30 lac. New Gurgaon, Dwarka, and Noida are the three best places for them to live.

The NH8, KundliManeswar Expressway, and Dwarka Gurgaon Expressway connect New Gurgaon to KherkiDhaula. Because of its location between historic Gurgaon and Manesar, it appeals to both developers and property purchasers.

NOIDA

In the backdrop of the new Jewar Airport, Noida is projected to face a major price increase. Metro services are also being extended to parts of Greater Noida by the Delhi Metro Rail Corporation DMRC. Noida The 1.2 lakh daily traffic on Greater Noida's 29.7-kilometre metro line is expected to increase to 4 lakh by 2031.

Ghaziabad's Raj Nagar Extension is enticing potential property buyers. The proximity to NH 58, 91, and 24 is a huge plus. Not only is this area close to Delhi, but it also serves as a gateway to Meerut, Bareilly, Aligarh, and Noida. Near the Hindonriver, there is a green belt that is unpolluted and green.

Greater Noida, a major industrial region in Uttar Pradesh's district, is famous for its strategic location. The proximity of ATS Destianare to NH8, the key Delhi-Jaipur route, positions it as a future growth centre for north India. Surprisingly, there are over 4800 industries here that are either being developed or are already active.

Moving up to the MIG I class, they can obtain a subsidy of up to Rs 2.40 lakhs under the Pradhan MantriAwasYojana's CLSS. IIFL Home Loans has been assisting beneficiaries across the country in obtaining this subsidy on their home loans. They can invest in Greater Noida, Noida, and the Delhi NCR.

In addition, ATS Pious Orchards is yet another astonishing project in Sector-150 Noida. The project comes with a configuration of 3 BHK and 5 BHK luxury apartments in the heart of Noida. The project offers proximity to Delhi and other regions of the city. This region has the ability to meet the needs of any home buyer looking for a place to call home. Noida is the new hotspot for residential, commercial, industrial, and institutional development. The location's proximity to sulphur springs adds to its allure.

Moreover, the project offers 10 acres of land parcel with a total of 608 river-facing apartments in the project. The starting price of the project is 1.35 Crore.

Sector-43, Noida, has regularised colonies. Another hotbed for property purchases is the Delhi NCR. Godrej Group has unveiled Godrej Woods Noida, a captivating property in Sector-43. In this neighbourhood, people earning between Rs 6-12 lakh a year can easily buy a 2 BHK. Golf Course, Noida City Center and Botanical Garden are the three metro stations that serve the neighbourhood. Dwarka, Noida, Connaught Place, Vaishali, and AnandVihar ISBT are all conveniently accessible. This is in the reference to a densely inhabited residential area. The other project of Godrej are getting boomed such as Godrej Meadows Mahalunge.

The excellent connectivity and amenities of Godrej Sky Greens Pune make Godrej, a well-known developer in the real estate industry.

Nonetheless, at this price range, Noida has amazing flats. The proximity of ATS Kingston Heath to Delhi and the international airport makes it a desirable location for buying a home. Many homeowners in the area are updating their homes as well. As a result of the heavy traffic on the highway, more commuters are flocking to the Dwarka Expressway, which has proven to be a boon for commuters travelling from Gurgaon and Manesar to the Dwarka site. This location is ideal for homebuyers looking for a big return on investment in the next 3-5 years.

Thus, Property in Noida has grown into a major industrial and information technology hub. It is home to both residential and commercial buildings. The Yamuna expressway, the Noida extension, and the Greater Noida expressway all have excellent connections and infrastructure.

Conclusion:

Delhi/NCR has a 42-month backlog of awaiting inventories. A good real estate market should have no more than 24 months of inventory. As a result, we may argue that this market has an oversupply of units. Absorption of extra inventories will take at least two years. As a result, the market rate is likely to stay relatively steady over the next two years.