Huge pile of property in Delhi-NCR is vacant for buyers to capture and conquer. With the absence of investors, and builders falling over the buyers to attract them.
Property Market of Delhi-NCR is left wide open for home buyers to take it all. Absence of investors in the market made the builders to lure upon the consumers with over the top offers. Builders are ready to offer all-inclusive prices, adding on some freebies such as parking, furnished kitchens and air-conditioners. They are more than willing to negotiate with the home buyers as well.
The real estate market is currently facing a severe downfall in the section of inventory sale in Delhi-NCR region which left the builders with no choice but to sell the residential properties under throw away rates with attractive discount offers. Since the interest of investors is found to be low, the pressure is flowing over selling inventories directly to home buyers.
So as you can see, that property prices in Delhi-NCR have all bottomed out, this makes it the best time to invest in Delhi-NCR as reasonable and all-inclusive deals are available in the market at this very second.
Let us take a look on some latest data sorted by the experts:
|Region of Delhi-NCR||Property Area||Price Range|
|NOIDA||Greater Noida west||Rs. 30 Lakh onwards|
|Noida express way||Rs. 50 Lakh onwards|
|Sector 75, 78, 79||Rs. 40 Lakh onwards|
|Ghaziabad||Vaishali||Rs. 50 Lakh onwards|
|Vasundhara||Rs. 40 Lakh onwards|
|Raj Nagar Extension||Rs. 40 Lakh onwards|
|Indirapuram||Rs. 60 Lakh onwards|
|Crossing Republik||Rs. 40 Lakh onwards|
|Gurgaon||Sector 37 C and 37 D||Rs. 55 Lakh onwards|
|Golf Course Road||Rs. 2 Crore onwards|
|Golf Course Extension||Rs. 1-1.5 Crore onwards|
|Dwarka Expressway||Rs. 80 Lakh onwards|
There is more than one reason for establishing the fact that this could be the best time to invest in residential property market of Delhi-NCR. Not just that the market is currently offering home buyers a good deal, but also the future predictions says that this will not remain the same in upcoming days.
- Further downfall in property rates will not be occurring in future days due to the reason that a stable government in New Delhi which is devoted towards the development of infrastructure and land produced few policies for the same. So if you are planning to buy a property, don’t delay your plans any further.
- There is an anticipation of economic restoration, which will eventually lead to a sudden hike in residential property prices.
- Reserve Bank of India has taken specific actions in recent times due to which the rate of interests for EMIs will be coming down and which will again lead to raise the property prices.
So before all the above policies initiates to affect the property rates, you should start planning your investment in Delhi-NCR.
For more updates on latest reforms in property Market of Delhi-NCR contact our experts at multiflats.com – Where stress is divided and your happiness is multiplied!