Between Delhi, Noida And Gurgaon, Where Should One Invest In Real Estate?admin
Between Delhi, Noida And Gurgaon, Where Should One Invest In Real Estate?
These three cities bring with them their own unique characteristics to attract investors with the most common link between them being they exist in close proximity with each other.
Delhi is the national capital and power centre, but when it comes to attracting investments, it lags behind owing to high prices for commercial complexes and offices. Land prices or office spaces are some of the costliest in the world. This also leads to higher rentals and become unattractive for some of the businesses to set up shop here.
Noida, on the other hand, is attracting investment, but has got a reputation of affordable city with growing, yet limited employment opportunities. The salaries offered and job profiles are not conducive for high-end employees with deep pockets to call it home. This results in lower rentals and equally lower returns on investment. That is not to say the city isn’t investment friendly, but if one wants excellent earnings on one’s investment, then Noida isn’t the place.
Gurgaon is a different story altogether. Boasting of world class housing projects, excellent and ever-growing employment opportunities, with hefty pay pockets and home to maximum Fortune 500 companies, this city is a magnet for investors. The lifestyle that Gurgaon offers can be compared to any metropolitan city in the world and has a healthy mix of citizens from the across the planet. Proximity to Delhi adds to its charm and upcoming projects catering to both the luxury as well as affordable housing demand makes it the best place to invest.
It can safely be said that Gurgaon wins this battle of investment in real estate hands down and is the city of future! Invest now to make terrific earnings and improve the bank balance!