Real Estate Information

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The economic slowdown has hit real estate all over the country and the Delhi NCR Real Estate market is no exception. Prices of property both in the commercial and residential sector have fallen drastically since the slump. This is a big advantage for people who have wanted to invest in the region for sometime but found the prices too high.
Why Delhi and the NCR
There is no argument about the fact that owning a piece of Delhi NCR Real Estate is one of the best investment options that you can consider. Properties both commercial and residential will always be in demand owing to the nature of the region. A recent poll study shows that Delhi is one of the most preferred cities to live in and the NCR region is growing at an exponential rate. This growth in the industrial and the corporate sector is making way for a huge influx of people from all over the country. All these people will need a roof over their heads and hence, residential real estate will always be in demand.
The slump has made some properties affordable
Delhi NCR Real Estate prices had reached an all time high making most of the posh properties unaffordable to many. This was also the reason that a lot of these projects were lying vacant. The economic slump has forced builders to lower their prices on these projects. Surprisingly this hasn�t worried them too much as now their properties will not lie vacant anymore. We have many such properties listed on our site. Investing in them now will be a good idea as their prices will rise soon enough.
What kinds of properties should you consider?
The kind of Delhi NCR Real Estate that you should consider would depend on the region that you want to buy the property in. For example if you were considering Gurgaon, we would suggest that you consider commercial or residential real estate as that is where your investments will grow. On the other hand if you are considering Noida as an investment option, we would suggest that you look at retail and residential space. However these are just suggestions; whatever area you choose to invest in, it would be a wise investment as your investment will only appreciate.
Known builders vs unknown builders
While the Delhi NCR Real Estate market has a good number of known builders with both commercial and residential projects, there are a number of small timers as well. Our website has listings for both. The one you decide to choose will depend on factors that are important to you. Projects from known builders are likely to cost marginally more than those from small timers. From an investment point of view project by known builders are also likely to appreciate a lot more.
We bring you the entire range
At Buniyad.com you will find that we have the entire range of properties on our listings. Whatever kind of Delhi NCR Real Estate you might be looking for you will find it here. We have a variety or properties listed to suit every pocket. If it is apartments that you are looking for then we have affordable premium ones that you can choose from to luxurious ones. The same goes for property in the commercial, institutional and industrial sector.
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Dharuhera has emerged as a promising destination as far as property in theNational Capital Region (NCR) is concerned. As Gurgaon reaches a saturation point in terms of the population it can accommodate, development of infrastructure, residential and commercial real estate, in the adjoining locations are being sought by state authorities as well as private developers to meet the seemingly insatiable need for housing here. Further, development of transport links like the National Highway 8 (NH have ensured a significant reduction in travel time, so much so that executives working in Gurgaon may reside at Dharuhera and not lose sleep over the commute to their workplace.

Dharuhera is situated in the Rewari district of Haryana and is fast emerging as an industrial hub of Haryana. Hero Honda, Lumax and SAB Miller are among the major industries located here. The level of infrastructural and industrial development being higher than most neighbouring areas, a number of Indian corporates and MNCs are making a beeline for Dharuhera. Commercial expansion will naturally entail real estate development – to provide accommodation for those employed in these industries. Moreover, the demand would be for affordable housing options priced under Rs 50 lakh. This is being cashed in by a number of developers like Vipul Group, Bestech and Parsvnath who have launched affordable housing projects in Dharuhera.

The Vipul Group’s “Vipul Gardens” is an affordable group-housing project strategically located on NH 8. This project was launched in early 2010 and is expected to take approximately 30 months to complete. It offers 1, 2 and 3 bedroom apartments in a price range of Rs 15-35 lakh. According to Dipankar Chaudhury, marketing manager of the Vipul Group, “The response so far has been decent considering that the project is still in its early stages and gives reason to be optimistic about the future.” The target end users for Vipul Gardens comprise people employed in the neighbouring industrial areas of Bhiwadi and Rewari, in addition to those working in Dharuhera itself. Moreover, the commercial hub of Industrial Model Township (IMT) Manesar, 24km away, is expected to provide ample clientele for this project.

The Parsvnath Group launched “Parsvnath City”, an integrated township in Dharuhera, comprising three residential projects – Parsvnath Pleasant, Parsvnath Elite Villas and Parsvnath Elite Floors – all expected to be completed within the next two years. While all three projects have residential options available at sub-Rs 50 lakh range, Elite Floors is being tagged as the flagship affordable housing project offering builder floor apartments within a price range of Rs 17-23 lakh. These are G+2 storey apartments covering 240, 300 and 400 square yards. Parsvnath Pleasant and Elite Villas are airconditioned luxury housing options priced at Rs 40 lakh and above.

Bestech City is an integrated township launched by Bestech Developers at Dharuhera on NH 8. Its major residential project is “Bestech Park View Delight”, which comprises 2, 2+study and 3 bedroom multistorey apartments with a starting price range of Rs 18-22 lakh. In addition, Bestech City offers within the township facilities like a nursery and primary school, nursing home, among other.

Residential development in Dharuhera is being driven by the affordable housing bandwagon. While distance from the more developed regions of Delhi and Gurgaon may work against it, the availability of low-cost housing options is expected to bring in the masses due to the rapidly rising property values in Delhi and Gurgaon. The proposed widening and expansion of the NH 8 bodes well for the upcoming residential projects in this locality as it will further cut travel time. Thus, Dharuhera is a locality to watch out for in the next two years, by when most of the current projects are expected to be complete.

For more information visit :-http://www.magicbricks.com/bricks/city/Residential_Delhi_NCR_real_estate

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Read more: http://www.articlesbase.com/business-articles/high-return-investment-in-real-estate-gurgaon-2645187.html#ixzz1AudoqZsu
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