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Friday, May 28, 2010

Delhi is Evergreen Real Estate Destination

Delhi the national capital city of India there are many people with various culture and customs are coming from different state and various countries. All over the city population has spread and the lack of accommodation is resulting for the new coming people now. Although the superior locality like Lutyen’s zone in Delhi the real estate is facing a rough phase to preserve the continuity. The Lutyen’s region consists of area like Prithviraj Road, Amrita Shergill Marg, Aurangzeb Road, Golf link etc the real estate properties are selling like hot cakes.

In Delhi the posh localities are having huge prices. In these areas for many years several families are living and having their own properties which are having high value. Now really many investors don’t wants to make new investments in these areas to have their own houses. And also more number of properties is not available for sale in here. Because the families which are living here for many years doesn’t want to sell them and also the property cost is very high. Outstanding demand for properties and fewer properties are available for sale makes the property value to rising extreme. According to Delhi real estate brokers, any of the area in Lutyen’s the residential property costs around RS 2 to 4 Lakhs per sq ft. in future this value may vary depending upon the location and area unit in Delhi.

In this zone of Delhi the properties are regarding too much number of Civil servants, Politicians, Industrialists and business people. This zone is having its historical significance and popularity. In Delhi Real estate sector builders are saying that still there is natural spark which makes them so attractive. Also they said that there is a slowdown phase that tough Delhi properties like other metros have been growing. But Lutyen’s and its places in Delhi will never lose its significance in the real estate market of Delhi. Having a Delhi property is a big deal in itself and owing one in the posh area like Lutyen’s region mean having status.

5 comments:

  1. To buy flat in Delhi NCR, we need to look at various housing projects from the diffferent players in India real estate.Real estate builders in India have a soft corner for Delhi NCR real estate which not just woo the national investors, but also the huge NRI section of the world.

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  2. It is very informative blog.For more info of real estate click on property sale purchase in Delhi/ncr

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  3. this will be very useful blog to us....i like your blog very much...it will be very interested and you should keep update daily..
    we have news about real estate investing....
    dave lindahl

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  4. Thanks for sharing this beautiful blog Post. keep blog Posting.
    Unnati Fortune World Noida is new commercial project in Noida. It is good project for office space.

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  5. The city Delhi is known to be the India's capital and has grown to be one of the favourite destination for multinational companies and their executives. the number of investors are looking for the best deal in the market of residential properties in Delhi. Nice post about real estate in Delhi.

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