Sunday, February 21, 2010

Affordable Properties in Delhi NCR

We all know that real estate sector is booming and with that the prices are also rising. Mrs. Seema Das is looking out for affordable properties in Noida. She is a professor with Delhi University and is planning to buy residential apartment in Noida but the rates are sky rocketed and she belongs to the middle income group. She is looking out for a flat in the range of 30-40 lakh and has indulged some of the real estate agents to search for affordable property in Noida. However those looking for affordable properties in Delhi are not satisfied with mediocre apartments and standards of living. They are looking for something beyond these basic amenities provided by most builders and constructors. Real estate giants like DLF has come up with affordable properties for the middle income group people like Seema.

Hence properties prices have been rising along with the demand to make posh apartments with the latest facilities for the middle class people could also invest there. So affordable property is introduced. Here apartments are of posh and also have good facilities but we get it for affordable price. The Indian government has been introducing friendly policies through which the real estate business has become the second largest employer

With increase in population in metro cities the rental value of residential properties has also reached height. Given below are the values of rentals of some the major important areas in Delhi. Take the example of Dwarka which value has increased by 50% in recent years; others are Moti Nagar, Janak Puri and Vikas Puri which value has increased by 20% to 30%.But with coming of affordable properties you don’t have to take much tension about your budget and about your money. The money that you have saved can be used to invest in your affordable properties. You can get every facility in these affordable houses right from water, electricity, parks, and swimming pools. The difference is that it will be consumer friendly.
Get more Details   New projects in Gurgaon .