Posts Tagged metro rail
Real estate property for sale
Till a few years back, the snob value of the capital ended just before the river; anybody or any locality beyond was clearly labeled down-market. East Delhi comprises of localities like Anand Vihar, Dilshad Colony, Indirapuram, Laxmi Nagar, Mayur Vihar, Preet Vihar, Patparganj, Shahadara, Vivek Vihar and various others. There was a time when East Delhi was considered to be the most underdeveloped region of Delhi, inhabited only by members of the low-income group. It had hardly anything to offer by way of entertainment, quality education or health care; one had to venture across the Yamuna to central or south Delhi for anything in the way of fun.
But today, due to constant efforts of State government, the whole eastern region of Delhi has been transformed into a decent and developed area. It has seen immense development in last three years with number of multiplexes, malls, amusement parks, entertainment zones, township projects, etc coming up, while the Akshardham Temple on the banks of the river is the pride of the region. The advent of the Metro Rail and Commonwealth Games are two watersheds that have encourage demand for property development in these regions
The property prices in East Delhi have doubled and even trebled in just a matter of few years as leading property developers are eyeing them. Real estate developers feel that this surge in East Delhi property was expected due to the rapid development of Tier-II cities across India. One of the reasons for East Delhi’s increasing popularity and growth in real estate demand is its proximity to most of the important places and cultural centers, particularly in Central Delhi and New Delhi. With the Metro route connecting eastern suburb of the capital to rest of the Delhi, property prices are all set to reach a higher magnitude
Tags: akshardham temple, central delhi, commonwealth games, east delhi, eastern suburb, Estate, mayur vihar, metro rail, metro route, Property, Real, real estate developers, Sale, vivek viharRelated posts
Real Estate Property Investment in Gurgaon
Real estate (property) investment in Gurgaon is a highly lucrative investment option. Individuals and investment companies have consistently rated Gurgaon property investment their preferred choice. There is an unprecedented and inexorable growth momentum generated by multiple causative factors. During the preceding decade, the Gurgaon real estate value has witnessed a growth rate of 500 to 700 per cent. Among the multiple factors augmenting this growth, the presence of a host of multinational corporations in the region is of primary significance. In the wake of the liberalization of economic policy coinciding with globalization, the Indian subcontinent has emerged as a major global market. In tune with the regional growth trajectory, a caravan of international brands has made a beeline for the subcontinent. These companies, while looking for space to set up shop in the national capital, have found Gurgaon an ideal spot. Gurgaon, the state-pampered hub, nestling on the Haryana border in close proximity to Delhi was looked upon as an ideal bride. The choice became irresistible in the background of a space-starving, crowded national capital.
The attraction behind real estate investment in Gurgaon is also due to the quantum leap in infrastructure sophistication in the region. The New Delhi-Jaipur National Highway is an arterial road offering easy connectivity to Gurgaon from both sides. The recently commissioned Delhi-Gurgaon 8-line expressway is a milestone in the history of transportation in the region. This expressway has very much eased the traffic snags which were endemic in this stretch a year ago. The Delhi-Gurgaon metro rail is nearing completion and the proposed Gurgaon city metro rail is in the pipeline. With these transportation facilities, accessibility to Gurgaon has increased manifold. This has had a direct impact in real estate investment in the region.
If you are looking for real estate investment in Gurgaon, you should gather sufficient information beforehand. A personal visit to the Gurgaon properties would be most salutary. Alongside, you can have access to other information channels. Or, if you are under your regular schedule and time not at your disposal, you can contact real estate consultants and agents in the region. Again, you should be wary when dealing with these realtors. It is better to gather information from multiple sources and arrive at your findings and conclusions and decisions. There are a number of prestigious projects in the locality promoted by leading infrastructure development companies like DLF, Parsvanath, Ansal, etc.
Tags: Estate, growth momentum, growth trajectory, Gurgaon, gurgaon real estate, history of transportation, indian subcontinent, inexorable growth, Investment, lucrative investment, metro rail, Property, quantum leap, Real, real estate investmentRelated posts