Being the capital city of the country Delhi is enjoying the most important status in India
. Be it in the political obverse or economic forum or social front Delhi undoubtly holds the top position in terms of development in all the spheres.
To own a house in the city is the dream of almost all the individuals living in Delhi. Delhi properties have always lured the investors in different forms. Be it a well furnished and comfortable house in Chankyapuri or an official space in Karol Bagh or a private shop in Cannaught place, the properties in any part of Delhi has always attracted investors. But to buy a property in Delhi one has to prepare himself mentally as well as financially.
The reason why residential properties in Delhi are so desirable is the increasing value of rental properties in the city. Every year thousands of people come to the city in lieu with their employment, studies and business. Increasing footfalls in the city amplifies the demand for the rental properties in which inturn boosts the rents.
To save themselves from the wasteful expenditure of paying rent, every person residing in Delhi wants to buy a property and likes to be called Landlord instead of Tenant. But investment in this sphere is very difficult as there are limited options. The city as we all know is jam packed and cannot support any further construction. So in such situation the only option left is of buying resale properties in Delhi. Buyers have to pay hefty amount to get the possession of resale property which is not every ones cup of tea.
The demand for commercial properties in Delhi is also high. Delhi has been the center for the major trading behavior and a focal point for numerous business activities. Supported by sound infrastructural facility, the city has always attracted immigrant from span and girth of the country for business purposes. Subjected to the augmentation of businesses in Delhi, the demand for commercial properties is always soaring in the city.
In Delhi, quality of life is gradually budding and so is the financial system and consumer market. All these dynamic together make the city one of the hottest destinations for investment in residential and commercial properties. Buying the suitable and appropriate property in Delhi is quite complicated. So make sure that you take assistance from property dealers before making any investment in Delhi properties.