Real Estate in Delhi : an overview
Answer to High Demand of Real Estate Property in Delhi NCR
The pressure of housing hundreds of individuals in the capital has increased the demand for residential flats in Delhi. People are now moving over independent houses and bungalows to get affordable flats. Every year hundreds of young students and working class people flock the capital to try their luck in some of the best education institutes and companies the capital has to offer. This calls for more real estate property at disposal.
Apart from giving maximum exposure to students and a plethora of career opportunities to young working class, the city is unmatched in its infrastructure growth. Where there were independent houses, the developers are now coming up with affordable flats in Delhi that offer the best of security, basic amenities, stylish interiors, power backup, elevators, intercoms, water supply, electricity and almost every facility needed for a comfortable housing. All this definitely attracts the middle-income group individuals to invest in property in Delhi. Due to scarcity of land, providing individual land was becoming impossible This led to real estate developers coming up with housing societies where the flats in Delhi offer all the facilities under one roof at an affordable price. These low budget residential flats have come as a relief to both investors and builders.