Delhi is an important city, it is home to many of the country’s population. There are many corporates that operate from the city. The increase in population is causing an ever-growing demand for houses. Many who prefer to buy ready-made houses go for investing in real estate properties in the city. There are many acclaimed builders who are engaged in commercial as well as residential projects in Delhi, NCR and its suburbs. Though most of Delhi’s properties are quite expensive for the ordinary population. However, if the buyer searches the Delhi’s property listings then he may come across affordable flats and apartments in the city.
Things that Developers Consider Whenever They Engage in Real Estate Projects
The Delhi’s real estate developers try to consider certain things while engaging in real estate projects in the city. These things are included as follows:-
Good Road and Rail Connectivity
The city of Delhi is strategically important. It has state of the art infrastructures, transportation facilities like good roads, railways, airways, and waterways that make it the most sought after place to erect real estate projects. Many believe that the city of Delhi is the ideal destination for real estate developers.
Delhi’s Metro Project
Apart from enhanced road and rail connectivity, Delhi has a robust metro infrastructure. This facilitates communication for the people in the city.
Land pooling Policy
The government of Delhi has effective land pooling policy in place and that facilitates the real estate developers to engage in various real estate projects. The land pooling policy helps the real estate developers to work on Residential Projects in Delhi NCR.
Therefore, it can be observed that there are more than one factors that determine the activity of the real estate developers while working on a real estate project. Good connectivity in terms of roads and railways is just one of the several reasons why investors prefer in real estate market in Delhi.