There
is an array of affordable apartments in Delhi/NCR and this because of the
various reasons. Today, many developers like Gaur, Migsun, Supertech and more
have various affordable housing projects in the pipeline. So being a homebuyer
know the top reasons to invest in Affordable Properties of Delhi/NCR.
Affordable Property in Delhi/NCR |
Urban
Infrastructure – This
is one of the prime reasons to invest in the residential property market of
Delhi/NCR. There are various developed expressways like the DND flyway,
Noida-Greater Noida expressway, Yamuna Expressway and Eastern Peripheral Way
makes commutation from various areas easy like never before. A sudden rise in
the demand for Affordable Flats in Delhi/NCR is also because of the
Delhi-Meerut Expressway that will cut down the travel time from 4 hours to 90
minutes.
Apart
from this, the expansion of metro rail and rapid metro in various cities of the
national capital region such as Noida-Greater Noida and Faridabad-Manesar laid
the foundation to develop affordable properties in Delhi/NCR. The expansion of
DMRC’s blue line from Noida City Centre to Electronic City Sector 62, Noida and
launch of NMRC’s aqua line metro from Sector 52 to Greater Noida areas
increased the demand for affordable residential units in Delhi/NCR.
Modern Lifestyle – Another reason to invest in affordable
apartments of Delhi/NCR is a modern lifestyle. Many affordable housing projects
are being developed amid green surroundings to offer a healthy and fresh
lifestyle. The availability of open spaces and security at a budget-friendly
cost attract the homebuyers to affordable apartments in Delhi/NCR.
Green Homes – The poor air quality index is the
reason behind various health problems and thus the Haryana Government has made
rooftop solar panel installation mandatory for residential units built on 500
sq.yard plots. Similarly, the Delhi Government also plans to offer subsidy on
the installation of solar panels. The subsidy of 30 % offered by the Ministry
of New and Renewable Energy has made the homebuyers demand for affordable
properties with green amenities.
Growth
Opportunities – Many
multi-national companies have ventured into the commercial property market of
Delhi/NCR and this has led to the increase in demand for affordable flats in
Delhi/NCR as a huge number of migrant professionals look for a budget-friendly,
secure and easy to commute residential address in the national capital and its
adjoining areas.
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