Exploring the Benefits of Partnering with Real Estate Companies in Delhi NCR for Your Property Investments
Everybody is talking about the fact that the real estate arena of our great nation is facing heavy turbulence. The balance sheet of the majority of the developers, real estate consultants, and others who are operating in India’s realty space is bleeding red. Also, it is no rumor that the industry has long been marred by a staggering surplus of supply. Demand has been kind of sluggish, and thus real estate is struggling quite a bit. However, with the expertise of the Best Property Consultants in Delhi, it seems that there’s potential for recovery. On the other hand, real estate is getting back on the growth bandwagon, and things might take a U-turn for the better pretty soon.
But because of the gloominess which had engulfed the sector for the past few years, property prices in a major chunk of Delhi’s key localities have dipped quite a bit, in some cases, as much as a whopping 20 plus percent. While the other two mainstays of NCR, Noida and the millennium city of Gurgaon, have witnessed extremely little correction and drop in prices. According to several reliable experts, Delhi’s realty market is under stress on the back of sluggish demand from both investors and end users alike. This situation has caught the attention of many Real Estate Companies in Delhi NCR, which are looking for innovative solutions to navigate the current market dynamics.
Many key and high-profile localities of Delhi like Jor Bagh, Vasant Vihar, Golf Links, Westend, Defence Colony, Shantiniketan, amongst others, have witnessed a humongous price drop in the range of 10 to 20%. This same trend was observed in the year 2013 and continued in 2014 as well. Thus, current valuations are rightly being termed as mouth-watering by one and all.
The prices in Gurgaon and Noida have remained relatively stable and are expected to skyrocket pretty soon. While several relatively new members of the NCR stable, like Sohna, Bhiwadi, and Neemrana, have experienced a significant spike in realty prices. So if one observes carefully, then real estate is most definitely struggling a bit at the moment. On the contrary, it is a great time to make a purchase for investors and end users alike. Lower prices of properties in Delhi make it a highly lucrative option for end users. Meanwhile, Noida, Gurgaon, Sohna, Bhiwadi, and Neemrana are simply great options available at the disposal of realty investors looking for investments with prospects of high return on investments. If you’re searching for the Best Luxury Apartments in Gurgaon, now might be the perfect time to explore your options.
What most are failing to realize is the great opportunity they have at their disposal. As prices are falling and demand is sluggish, the bargaining power lies entirely with the buyers. So if you are good at bargaining, then there is absolutely no time like now to buy the home you have always dreamed of but at a cheaper rate. Developers are also extending never-before-seen discounts and exciting offers to lure buyers back into the market. This makes it an ideal time to consult with a Real Estate Consultant to help you navigate these opportunities. As a Real Estate Company in Delhi NCR, we are dedicated to helping you find the best deals in the current market.
So act now; an opportunity like this might not knock on your door twice. The loss of real estate players is certainly your gain.
