It is the national capital of India and is also considered to be an economic bastion of modern India with people from all over the world and the country making it their home. The city, thus, has a very nouveau feel to it, which makes it easier for anyone to settle here, which, in turn has made Delhi quiet popular with people looking for an urbane clime. As the city shares proximity with Noida, Ghaziabad, Faridabad and Gurgaon, it has emerged as the very nucleus of pro-development Northern India. Several builder projects in the city offer options for those seeking independent housing, flats and apartments.
Major happenings for property in city are centered on East Delhi in areas like Patparganj, Laxmi Nagar, Mayur Vihar, Preet Vihar, Nirman Vihar and Pandav Nagar, while Pitampura and Dwarka Subcity are also in the running for investor attention. It is however to be noted that areas of South Delhi like Greater Kailash (I & II) and Central Delhi are still on the wish-list of almost all investors but due to spiraling prices and lower returns on investments, they are settling on for upcoming areas of East of Delhi and Dwarka. The enviable reach of Delhi Metro, local trains, auto-rickshaws and Bus Rapid Transit means that this city is traveling in comfort and hence, people are especially interested in settling around areas where metro is ‘soon to reach or has reached.’ Then Delhi also has world class medical facilities, gardens, hotels and other resting and dwelling units that bring people here for both leisure and business purposes. Also, the capital city boasts of the presence of a large number of malls, pubs and other venues for recreation besides great work opportunities that makes it a good option when considering it amongst other cities for real estate investment. To the credit of Delhi, it is also the hub of major news channels, media organizations and political movers and shakers, which makes it a great city to live in and this certainly entices people to come and check the property in city.