Investing in affordable housing within Delhi NCR can yield substantial returns, especially for properties priced under ₹50 lakh. In a recent discussion, Mudassir Zaidi, Executive Director at Knight Frank India, shared valuable insights on this topic.
Key Insights:
- Budget-Friendly Options: Delhi NCR offers numerous housing options under ₹50 lakh, catering to first-time homebuyers and investors seeking value.
- Strategic Investment: Investing in affordable housing in this region can lead to significant returns due to high demand and potential appreciation.
- Emerging Hotspots: Areas like Greater Noida, Ghaziabad, and certain sectors of Gurugram are becoming popular for affordable housing investments.
Benefits of Investing in Affordable Housing:
- High Demand: A large segment of the population seeks affordable housing, ensuring consistent demand.
- Government Initiatives: Schemes like Pradhan Mantri Awas Yojana (PMAY) provide subsidies, making investments more lucrative.
- Rental Income: Affordable properties attract tenants, offering a steady rental income stream.
Considerations for Investors:
- Location Analysis: Research areas with upcoming infrastructure developments for better appreciation.
- Builder Reputation: Choose projects from reputable developers to ensure quality and timely possession.
- Legal Due Diligence: Verify all legal approvals and clearances to avoid future complications.
Potential Investment Areas in Delhi NCR:
| Area | Average Price (₹ per sq ft) | Notable Projects |
|---|---|---|
| Greater Noida | 3,500 – 4,500 | Gaur City, Supertech Eco Village |
| Ghaziabad | 3,000 – 4,000 | Wave City, Aditya World City |
| Raj Nagar Ext. | 2,800 – 3,500 | KW Srishti, VVIP Addresses |
| Bhiwadi | 2,500 – 3,200 | Omaxe Green Meadow City, Ashiana |
| Faridabad | 3,200 – 4,200 | BPTP Parklands, Omaxe Heights |
Investing in affordable housing in Delhi NCR presents a promising opportunity for substantial returns. By focusing on strategic locations and conducting thorough due diligence, investors can maximize their benefits in this dynamic market.
For a more in-depth understanding, watch the full discussion here:
Evantis Realty is a leading Real Estate Broker in Gurugram & Delhi NCR specializing in high-end properties across the city. With years of experience and a deep understanding of the market, Evantis Realty offers personalized service and expert advice to help clients navigate the dynamic Gurugram & Delhi NCR Real Estate Market with confidence.
