Latest Industry Trends in Buying Property in NCR

by : Matinez

Gurgaon, the national capital region of India, being of sought-after importance is now the most demanding place for residents and corporates alike. Over the years it has been the addresses of the low-profile people and industries. But when it comes to investments in India, industry experts believe that investing in real estate of the national capital region can prove beneficial in the long run.

Delhi, the national capital of India, is ranked as the second largest market in the country with regard to size and socio-economic profile and with an affluent population comprising a cosmopolitan mix from across the country, the prediction is made that the capital value is in the line to increase. A number of real estate consultants believe that Delhi and its surrounding neighborhoods will make solid their recent gains in property prices and appreciate further in the coming two years.

In the residential sector, a major chunk of the leading real estate consultants assume that the national capital region will continue to generate demand and that investment in these areas and adjoining them will fetch returns of 8-10 per cent annually for the coming three years. Lately, the national capital region is experiencing demand for residential flats and corporate offices. Adding to the continuous demand for properties in the national capital region, the land prices and residential properties have increased manifold and are still on increasing trend. So, making an investment in the national capital region is a deal worth to be clinched.

When it comes to the retail sector in the real estatesegment, Noida is already a hotspot for retailers and has been one of the leading cities in retail activity in the country. And this continued trend provides an ideal market for high-end retailers and causes the presence of all the premium brands in the city. Almost all Indian retail giants are making their presence in the national capital region looking at expansion plans. Primarily, retail expansion plan in the national capital region (NCR) is being developed in the new malls, located in the preferred retail destinations of Noida and Gurgaon.