Kundli: Upcoming Destination in NCR
Kundli, on a 15-minute drive from the posh and up market residential hubs of north
and northwest Delhi like Pitampura, Rohini and Punjabi Bagh, is now one of the best investment destinations in the NCR after the NH 1 became signal-free recently. With land rates of residential sectors in Kundli being only a tenth to a fifteenth the rates in Rohini and Pitampura, the place has the potential to become an investment haven for people of the NCR, as also those in the surrounding states like Haryana and Punjab.Property prices in townships like TDI and Sushant Lok are likely to go northwards. All these townships are developing social infrastructure like hospitals, education centers and recreational facilities. Also, the growth momentum will be generated by the sheer magnitude of infrastructural developments which are taking place here, chiefly the 5,000-acre Rajiv Gandhi Education City and the KMP Expressway. Many top national and international universities have evinced keen interest to start their operations in the Rajiv Gandhi Education City and once they set up their campuses here, the place is likely to turn into an educational hub in the subcontinent. Other developments in the vicinity are an SEZ, the Rai Industrial Area, which houses warehousing firms.
The USP of this area is it clean, green and clutter-free environment and abundance of potable water, unlike any other NCR city, be it Noida or Gurgaon. It comes as no major surprise, then, that just as residents of south Delhi prefer to invest in Gurgaon, and those living in east Delhi prefer to invest in Noida and Ghaziabad, those living in north and west Delhi are finding it attractive to invest their money in Kundli. Security is another major aspect on which Kundli scores heavily over other nearby cities.
The TDI City, with 1,500 acre land under construction, is the largest in residential and commercial development in the area. Located just 2.5km from the Delhi border, the sprawling township comprises plots, luxury villas, group housing, commercial complexes, schools and hospitals. Some of these projects are Kingsbury Apartments and Tuscan City (residential), Rodeo Drive, TDI Mall, Oxford Street and KingStreet (malls, entertainment and retail).
The TDI Group is marketing this development as "affordable luxury for the middle-class segment which is looking for aspirational living". And, with 3BHKs and 4BHKs quoting at Rs 21 lakh to Rs 34 lakh, it seems a fair deal. In Kingsbury Apartments, families are already moving in and the whole complex is slated to be completed by 2Q 2011.
Kundli, which is strategically located on Delhi's border along NH 1, is the gateway to the prosperous states like Haryana, Punjab and Himachal Pradesh and is the ideal place for investment. "India's No. 1 highway is becoming No. 1 real estate investment destination!"
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Kundli: Upcoming Destination in NCR
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