What Attracts A Buyer to Invest in A Property in Delhi?

The demand for luxury housing is reaching new heights in 2022-2023 in India. And for the nation’s capital, it’s not just the luxury ones, but all sorts of Delhi properties that investors are highly interested in.

There are some of the most exclusive flats in Delhi and its overall real estate market is booming. However, an error in judgement when choosing a property for sale in Delhi will cost you, after all, “everything that glitters is not gold”.

Per a report, the housing prices in Delhi rose by 10% in Q2 of 2022, the highest among the 8 cities including Mumbai, Kolkata, Pune, Hyderabad, Chennai, Bangalore and Ahmedabad. 

If you’re confused about why that is and wondering if you too should be looking for flats in Delhi, this post is just for you.

What Is It About A Property in Delhi That Attracts Investors?

Plenty of Job Opportunities

Buying a property and job opportunities are intricately related, and this is where Delhi properties make the most sense for many buyers. And because there is no dearth of facilities, buyers are most interested in taking up a 2bhk flat in Delhi when they have a job to pay for their expenses.

Being India’s capital, Delhi offers tons of job opportunities, and in some of the most renowned places of employment too. The most popular IT, banking, automobile and retail industries can be found in Delhi with a total of 111 Fortune 500 companies. It also has some of the fastest and largest growing retail businesses.

Gurgaon, a satellite city, is often considered the start-up capital and offers plenty of new job opportunities every year. Buying a property for sale in Delhi, therefore, is a sound decision.

Growth In Commercial Establishments

A CBRE report states that office leasing in India in Q2 2022 has jumped by 61%, with the leading cities being Bengaluru, Delhi and Hyderabad.

When looking for a property in Delhi, one finds not just residential, but plenty of commercial options too. With so many companies operating in Delhi, it is only natural that commercial Delhi properties will also grow.

Commercial investment, as you might know, promises higher returns for an extended period. A major segment of investors are therefore engaged in these, and not everyone is looking for residential flats in Delhi.

Planned Sectors

While the same cannot be said for the entirety of Delhi, certain parts of it are well-planned, like Noida and Rohini that provide impressive social and civic infrastructure. Hence any property for sale in Delhi, especially if located in these areas attracts a huge audience who are most eager to own them.

Moreover, areas like Dwarka Expressway, Golf Course Extension Road, Sohna Road and more are developing with modern amenities and infrastructure. Combine that with the job opportunities and other advantages, and you have a clear answer why Delhi properties in these areas have such high demand. 

High Rate of Appreciation

A higher rate of appreciation is always appreciated in real estate, and this is yet another factor that influences a buyer to invest in a property in Delhi. A Times of India report in June 2022  mentions that property prices in Delhi have increased as much as 43% since the pandemic began. 

While paying high prices for flats in Delhi isn’t exactly good news for the average buyer, investors on the other hand are indeed pleased. Given that the real estate market in Delhi retains its current momentum, one doesn’t have to wait long to reap high profits.

Buyers have understood the potential that the right property for sale in Delhi has, and they are in no mood to wait. 

Better Standard of Living 

Delhi is often known for its luxurious standard of living, which is no surprise. But what’s amazing is the kind of features that Delhi properties are providing to the buyers. 

From humongous clubhouses in gated societies to extraordinary sophistication in the builder floors in Delhi, buyers now have access to the most comfortable living.

But isn’t that the case for any other major metropolis in India? Well, exclusive apartments are not unique to Delhi. But the features that a buyer can get in a 3 BHK flat in Delhi for a given price, are almost unbeatable when compared to any other city.

Thanks to the increased competition among developers and other factors, luxurious amenities are available today even in mid-range properties. And if you are a buyer yourself, you’ll know 

how exciting that is.

Your New Property in Delhi Is Just a Decision Away

2023 certainly looks promising for real estate investors. Given the pace at which the best properties are getting pre-booked, only knowing about them isn’t enough, one has to act.

If you don’t know where to start, here’s a tip - get a consultation from Kamal Associates, an experienced property consultant that can help you shortlist some of the best apartments in Delhi.

From financing to legal assistance, we offer comprehensive services to make your real estate journey pleasurable. Reach out to us for more information.