Is It The Right Time To Invest In Delhi Properties?

It is undoubtedly the right time to invest in Delhi Properties

. There are a lot of properties for sale in Delhi at different locations now. So far as price trend is concerned, residential and commercial properties are showing a little rise after a period of stagnation. During the recent recession, the property market in Delhi was in a slump. After the doldrums in the market forces, now the industry has just begun to show some positive sings. It is the ideal time to invest in properties for sale in Delhi. The recent announcements of new policies of the Government of the National Capital Territory of Delhi and the Government of India for boosting up the property sector are very much attractive for property investors. The Reserve Bank of India has taken certain definitive steps for the benefit of the real estate sector. Now banks can devise new schemes for furthering the interests of the property sector. In the Delhi region these schemes are being implemented with much enthusiasm. This will definitely have a positive impact in the real estate sector in the national capital.

Since the Government has taken some strong initiatives recently for he benefit of the property sector, it is the right time to invest in property for sale in Delhi. The new governmental initiatives include: (1) in case of integrated townships, the minimum area to be developed has been brought down to 25 acres from 100 acres; (2) 100 % foreign direct investment (FDI) allowed in realty projects through the automatic route; (3) minimum capital investment for wholly-owned subsidiaries and joint ventures stands at US$ 10 million and US$ 5 million, respectively; (4) full repatriation of original investment after three years; (5) 51% FDI allowed in single-brand retail outlets and 100 per cent in cash-and-carry through the automatic route; and (6) Urban Land (Ceiling and Regulation) Act, 1976 (ULCRA) repealed by increasingly larger number of states. These developmental initiatives, though aimed at national level, have a direct bearing in the real estate sector in Delhi. This will have considerable impact in the investment prospects in properties for sale in Delhi.

By other counts also, it is the right time to invest in properties for sale in delhi

.Leading international investment consultants concur that since the Indian economy is expected to register higher growth rates in the coming years, this growth in the national economy will directly push up the real estate sector. Accordingly, those who invest in Delhi properties right now can buy property at attractive prices now and can make profit in the prospering years that are yet to come.

by: Josephsmith

POST COMMENT

Find The Best Property In Ontario, Toronto And Guelp Find Your Dream Home With The Laguna Beach Mls What You Need To Know Before Purchasing A Real Estate In Carmel, Ca Reasons You Might Consider Renting Las Vegas Foreclosed Homes Generating More Business Online More Leads To More Unique Real Estate Home Page What Real Estate Investors Should Check Out In Santa Cruz, Ca The Best Advertisement & Property Marketing Portal Short Sales Can Take A Long Time Cancun Real Estate's New Beaches Ready For Winter 2010 Mexico Mortgage - Feasible Finanicing For Real Estate Purchases Yucatan Real Estate's Culture Reflected In World Famous Guyabera Cancun Real Estate - Warm Weather And Windsurfing In The Winter