Thursday, 23 May 2013
Investment in integrated townships
With every city expanding its footprints, the buzz over investing in new
growth corridors becomes louder. But would these new locations offer the same
investment prospects in terms of real estate as the main city?
Those looking to get higher returns on growth corridors may consider making
an initial investment in integrated townships “Delhi NCR is doing well since demand for both housing and
commercial space is expected to rise in view of better job opportunities in
these areas. Moreover, population is also pushing real estate activity in new
areas around these cities.City is already saturated the outward movement is a
better option compared to congested vertical growth which puts a lot of
pressure on already strained infrastructure and services.
Infrastructure in Delhi NCR and its peripheral areas score over their
proximity to the airport and existence of several IT companies that draw non
resident Indians and high net worth individuals, he adds.
He feels that the current stable market of Delhi NCR will definitely move
upwards after a couple of months. “Residential properties are definitely a
better option.
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