Property
investment in Delhi NCR
NCR became what it is today
because of a large influx of companies, including multi-national ones, which
created millions of high-paying white-collar jobs. This increased the financial
appetite of the local population employed in NCR, resulting in the unique
development of NCR real estate in terms of residential and commercial
properties, including offices and malls. Owing to its proximity to Delhi, NCR
worked as a perfect alternative option for
companies, as well as the educated high-end working population originally based
in Delhi.
The dynamics driving NCR’s
realty market are entirely different. The recent spike in real estate
development has been primarily because many companies chose to acquire land
there for warehousing and manufacturing needs at competitive rates. The demand
in NCR comes from the current and prospective local population there and is
decisively skewed towards affordable housing.
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