How about owning a property in Delhi?
Intro: The prices of a property in Delhi have been increasing like a wild fire. Any respite
from the heavy price tags is nowhere to be seen in the future too.
Delhi, the happening capital of India enjoys the glory of being number one on the list of
MNCs, expatriates, students, businessmen, job seekers and realtors of course. There is
something about the rapid pace of the city and the promising lifestyle that people heading
to this city for short stints find it difficult to bid it a final good bye and end up hunting for
a permanent property in Delhi. There are many who are smitten by the charm of Delhi be
it in any aspect. The experience of living in a metro is quite overwhelming for small town
people who form a greater percentage of the smitten category. Delhi captivates the heart
of people who eventually find no escape and decide to settle down forever in this city on
their own will.
So, when on one hand Delhi winning over the hearts of tourists is a good sign for the
Indian economy, Delhi wooing people to make it a permanent address on the other hand
increases the population pressure. This is followed by scarcity of available resources and
government is confronted with the question of providing residential space to all. Real
estate market of Delhi is buzzing high despite of limited available space. It is necessary
that if you want to own a property in Delhi, do it now. The prices of a property in Delhi
have been increasing like a wild fire. Any respite from the super-heavy price tags of a
property in Delhi is nowhere to be seen in the future too. People are slowly waking up to
the fact that if they do not buy a property in Delhi soon enough, they will probably not be
able to do it in the future as well owing to the sharp price hike with each passing month.
This sudden awakening has led the people to shed the desire of owning a property in a
prime location because of budget constraints and purchase a property in economical
areas. Delhi is divided into East, West, North, South and Central Delhi. South Delhi is a
shoppers paradise while North is a focal point for academics. West Delhi promises a top
lifestyle with superb infrastructure and East is full of promises. Central Delhi houses posh
areas which only the rich can afford.
Purchasing a property in Delhi, though arduous, is worth giving a try. Delhi offers a
wholesome experience, a fancy to many. The demand for a property in Delhi has reached
a stage where NCR had to step in to reduce the overload. Waiting for the prices to go
down will only keep adding a few more thousands every day and a property which might
fall under your budget today might slip out of your reach tomorrow.
Know about the main residential areas and unauthorized colonies of Delhi. Log on to