The National Capital Region of Delhi is a conglomeration of all the metropolitan areas in and around New Delhi. It not only includes the areas around Delhi but also comprises of urban areas of neighbouring states like Uttar Pradesh, Haryana, Uttarakhand and Rajasthan. It spreads over an area of 33578 sq. Kms and is considered as the world’s second largest urban agglomeration in terms of population. It terms of area it is the largest. It is one of the most developed regions of India with high concentration of industries, factories, companies, commercial and residential areas. The concept of this region was mainly devised to diversify the population of Delhi and encourage migration to areas surrounding the national capital so as to decrease the burden of increasing population on Delhi. The different districts of neighbouring states that are a part of this region are Gurgaon, Jhagggar, Sonipat, Panipat, Faridabad and Rewari from Haryana, the city of Delhi and New Delhi, Alwar from Rajasthan and Gaziabad, Meerut, Baghpat, Bulandshahr, Noida and Greater Noida from Uttar Pradesh. Because of the aggregation of such important commercial and industrial areas, this region is one of the most sought after regions of India and property out here is very valuable.
Property in Delhi NCR is considered one of the prime properties in the whole of India. Crores and crores of rupees have been spent to develop the properties in and around this region. One can find almost anything and everything in this region, from big commercial and industrial places to posh residential areas, centres for recreation, malls, schools and colleges, hospitals, service apartments, villas and bungalows, agricultural lands, farm houses and many more. You can find highly expensive fully developed properties as well as affordable properties out here. It can be used for both private as well as commercial purposes. It has all the facilities that you need for a comfortable living, from big companies and industries that provides you jobs to residential areas and modern apartments for living, schools and colleges for children to malls and other centres for recreation. Hence it is a complete package.
Properties in Delhi NCR is also most suitable for investment purposes. Due to high level of migration to this region from the rest of India, the demand for residential property has gone up considerably. Here we find a number of apartments whose cost ranges from 20 lakhs and goes upto more than 2 crores and many such residential complexes are coming up on a fast pace. Depending on the location and type of property you choose, the prices may vary. You can rent, lease or purchase the property. Not only buying you can also sell them at great prices. The real estate industry is one of the best performing industries of this region. Prices are shooting up every day, hence the sooner one invests the property the more profit one can make out here. It is also one of the first choices for MNC’s looking to expand their business in India.