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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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