Delhi Property Review
Villas: Properties in Delhi are not limited to small spaces only
. These are available as Villas for the riches. People who can afford to spend exorbitant amount can purchase a villa for them in whatever locality they want. They can buy in posh localities or at the place that suits best.
Farm Houses: There are many farm houses on the outskirts of the city. People can purchase these to make a grand living place for them. These are quite huge in size and price both.
Bungalows: Large houses are situated in the heart of city as posh properties in Delhi. Their cost is very high and only a few are available for sale.
Floors: Properties in Delhi can be constructed into floors. People can purchase these floors and get individual registry on these floors. The parking lot is allotted to the ground floor and terrace is halved into first and second floor residents. The price of ground floor is generally higher than the other two floors. Floors can be purchased in almost all localities in Delhi.
Individual houses: Housing Board and developing authority come out with individual houses which are quite small in their area. Such houses are good investment for those who want cheap property in Delhi.
Flats: People in Delhi especially middle class and upper middle class prefer to buy flats as best residential property in Delhi. People prefer to buy such properties in Delhi because these offer full security, community life, good repo with fellow residents, and several other benefits to the people residing in high rise buildings.
People can avail home loans from banks at the market price of such residential property in Delhi.
Shopping Complexes: The recent trend of shopping complexes in Delhi has yielded a shift in visitors from the local market to the malls and complexes. These malls attract only virtual shoppers so there are lesser investors for shops in these commercial properties in Delhi. People have to bear large maintenance cost also so there is marked reduction in investors.
Shops in local market: People in India are still accustomed to local markets for commercial properties in Delhi. The buyers also like to go to local shops for their purchases. Only the select few go to shopping complexes and that too at the time of offers. This is the reason that commercial properties in Delhi are rising in local markets.
Offices and Industries: Companies are investing in Delhi NCR for their offices and work unit. Such properties can be purchased through estate agents or from the classifieds of newspaper, selected magazines and internet websites.
Investor should look into the various aspects like location, transport facilities, proximity to the market while purchasing a residential property in Delhi. In case of commercial property the investor should look into the type of income being generated through these properties.
by: Mamta Papneja
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