Real Estate

New real estate hotspots in Delhi-NCR


Even though the real estate sector in India has witnessed a slowdown in recent times, properties in Delhi-NCR continue to witness interest from buyers, in anticipation of price corrections and owing to demand from the growing migrant population who seek accommodation. Delhi-NCR, hence, continues to be attractive to end-users and investors. According to data from ANAROCK Property Consultants, the housing supply in Delhi over the last two years, has been fairly low, as compared to Gurugram or Noida. This is essentially due to the demand-supply mismatch. There is massive demand for affordable housing in the city, while property prices in most micro-markets have skyrocketed.

 

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