The best areas to invest in Delhi-NCR

Investing in real estate is one of the most popular fads which have been followed by many Indians. Indians who invest in property feels it is a safer option and also assume thatthey might yield them more money even while reselling them.

Among the major metropolitan cities in India, the properties at the capital city are always on the rise. New developers such as Shobha Developers, Tata Housing, and Chintals are looking to develop some great projects to cater to the taste and style of the buyers.

Read on more to see the top areas in Delhi, NCR where you can look for investments.

Bhiwadi

Long time ago this sleepy town was once not a popular one among the developers. Now, it is one of the growing towns bordering Haryana on NH-8. The already developed area is over 3,347 acres with another 3,000 acres which is now in pipeline for extension. There are about 2500 small, medium, tiny, and large industries which includes MNC. There are also all types of industries like automobiles, textiles, printing, cables, steel, garments, food processing, and so on. Some of the popular names include Kajaria Ceramics, Gillette, and United Breweries.

The price range is still affordable in this place and is anywhere between 25 lakhs to 31 lakhs which was about 24 to 29 lakhs back in 2009. These are the prices for 2BHK and the three bedroom kitchen apartments are available for 34 to 39 lakhs which will be anywhere between 1320 to 1520 square feet. Meanwhile, Independent villas are quite costly.

New Gurgaon and Dwarka Expressway

This place has been considered by potential buyers because it is close to the international airport and Dwaraka Expressway, which is also known as Northern Peripheral Expressway where they would be an 8 lane expressway soon. It is been developed by HUDA at a budget of Rs.120 crore.

The current rate of the place is anywhere between Rs.3500 and Rs.4500 per square feet for a mid-segment projects. The luxury premium projects are priced between Rs.5, 500 and Rs.6,500 per square feet. The prices are just half when compared to Gurgaon and is a right time to invest as well.

Yamuna Expressway

This area is 165 km long in the Yamuna Expressway which connects to Greater Noida to Noida with Agra. The growth was phenomenal here because of the rapid industrialization in Greater Noida which also hosts a lot of educational institutions.JaypeeInfratech who is the promoter of Yamuna Expressway has acquired the right to develop real estate over 6.175 acres. They have planned to bring give integrated township which will be spread across 500 hectares.

Besides Jaypee the other developers in the region include Supertech, 3C Company, Ajnara, Silver Sands Estate, Nimbus, Orris Infrastructure, and SDS Infrastructure.

Faridabad

A lot of commercial and new residential projects have sprung in this region which has now caught the attention of potential buyers of the region. It is located 25 kms from Delhi, this one provides an affordable housing.

The city is filled with industrial giants and it has access to Gurgaon and Greater Noida apart from just Delhi. These are important factors which make the investors choose this destination. Faridabad has many ISO-based industries, MNC's, and medium to small scale manufacturing units. It is said that the property prices may go up because of the metro-rail link.

There was a small pause in 2008 - 2009 where the real estate prices were not at the best and post that there is a steep rise.Due to this increasing demand there more than 1 lakh newly launched apartments in Delhi-NCR. 

Most of these projects are targeted to mid - income group people who dreams to have their own house and at the same time in the metropolitan city.