Forthcoming Real Estate Areas in Delhi-NCR

Avatar By: Prashant Rahi

The National Capital Region, i.e. Delhi-NCR, is the for most economic zone in India. Given the influx of new capital and human resource in the area, and the saturation of existing commercial spaces, new areas in the region are becomes growth engines for the city. We explore five such areas: Greater Noida, Bhiwadi, Raj Nagar Extension, Daruhera, and Sohna Extension.

The capital of India, Delhi, is active with several developer projects. These projects vary not just in profile but also in the price range. Different markets have different USPs, making other people confused about where they should purchase the property in Delhi NCR.

One should always look for property well connected with schools, hospitals, railways, highways, airports, etc. India's real estate powerhouse is affordable housing, and companies are digging even deep, making home loans affordable. Under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojna, the subsidy offers a benefit up to Rs. 2.67 lakhs enticing buyers to purchase a home. A few places where one can purchase properties are Greater Noida, Daruhera, Raj Nagar Extension, and Bhiwadi.

 

Figure 1: Bhiwadi, Rajasthan

Bhiwadi: Rajasthan's industrial hub is part of NCR and is situated 45 km away from Gurgaon. Several automobiles, steel mills, electronic industries are located there, and the USP of the location is its proximity to NH8. Well planned infrastructure makes the average price per Sq.ft varies 2800-3000

Greater Noida - predicted to ascertain a significant price rise within the context of upcoming Jewar Airport. Delhi Metro Rail Corporation (DMRC) is additionally spanning metro services to parts of Greater Noida. The metro line between Noida – Greater Noida 29.7 km is predicted to possess a ridership of 1.2 lakh each day which can rise to 4 lakh by 2031

Raj Nagar Extension, Ghaziabad - is a location for prospective home buyers. In close proximity to NH 58, 91, and 24 is a plus. This area isn't only on the brink of Delhi but also a gateway to Meerut, Bareilly, and Aligarh & Noida. There's a green belt near Hindon River, which remains unpolluted and green.

 

Figure 2: Bestech Mall, Dharuhera

Dharuhera - an enormous industrial hub within the district of Rewari, is known for its vital location. Nearness to NH8, the hustling Delhi-Jaipur highway makes it a future advancement center of North India. Striking, about 4800 industries are either under development or operational here.

Moving over to the Middle Income Group (MIG I) class, they will get a subsidy up to Rs 2.40 lakhs under the CLSS of Pradhan Mantri Awas Yojana. IIFL Home Loans are helping beneficiaries to avail this subsidy on their home loans across the country. They can choose an investment in Sohna/Gurgaon Extension and Uttam Nagar, Delhi.

 

Figure 3: Gurugram, Haryana

Sohna/Gurgaon Extension - an extended part of Gurgaon and lies hardly 15 km from the heart of the town. The typical price here lies in between Rs 3800-4800 per Sq.ft. This region has the potential to cater to the wants of each buyer trying to find a property. Within the newly notified Gurgaon - Sohna plan 2031, Gurgaon is the new place for residential, industrial and commercial, development. The proximity to sulphur springs, Damdama Lake, and Westin resort makes the place more attractive.

Regularized colonies in Uttam Nagar, Delhi, is another hotspot for purchasing a property. People earning between Rs 6-12 lakh annually can afford 2 BHK with ease during this area. The world is connected with three metro stations, namely Uttam Nagar East, Uttam Nagar West, and Nawada. Residents can easily reach Dwarka, Noida, Connaught Place, Vaishali & Anand Vihar ISBT. They are often cited because of the densely populated residential locality.

Middle Income Group (MIG II) people can get a subsidy up to Rs 2.30 lac under CLSS of Pradhan Mantri Awas Yojana. 3 best-suited areas for them are New Gurgaon, Dwarka and Noida.

 

 

 

The National Capital Region, i.e. Delhi-NCR, is the for most economic zone in India. Given the influx of new capital and human resource in the area, and the saturation of existing commercial spaces, new areas in the region are becomes growth engines for the city. We explore five such areas: Greater Noida, Bhiwadi, Raj Nagar Extension, Daruhera, and Sohna Extension.

The capital of India, Delhi, is active with several developer projects. These projects vary not just in profile but also in the price range. Different markets have different USPs, making other people confused about where they should purchase the property in Delhi NCR.

One should always look for property well connected with schools, hospitals, railways, highways, airports, etc. India's real estate powerhouse is affordable housing, and companies are digging even deep, making home loans affordable. Under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri Awas Yojna, the subsidy offers a benefit up to Rs. 2.67 lakhs enticing buyers to purchase a home. A few places where one can purchase properties are Greater Noida, Daruhera, Raj Nagar Extension, and Bhiwadi.

 

Figure 1: Bhiwadi, Rajasthan

Bhiwadi: Rajasthan's industrial hub is part of NCR and is situated 45 km away from Gurgaon. Several automobiles, steel mills, electronic industries are located there, and the USP of the location is its proximity to NH8. Well planned infrastructure makes the average price per Sq.ft varies 2800-3000

Greater Noida - predicted to ascertain a significant price rise within the context of upcoming Jewar Airport. Delhi Metro Rail Corporation (DMRC) is additionally spanning metro services to parts of Greater Noida. The metro line between Noida – Greater Noida 29.7 km is predicted to possess a ridership of 1.2 lakh each day which can rise to 4 lakh by 2031

Raj Nagar Extension, Ghaziabad - is a location for prospective home buyers. In close proximity to NH 58, 91, and 24 is a plus. This area isn't only on the brink of Delhi but also a gateway to Meerut, Bareilly, and Aligarh & Noida. There's a green belt near Hindon River, which remains unpolluted and green.

 

Figure 2: Bestech Mall, Dharuhera

Dharuhera - an enormous industrial hub within the district of Rewari, is known for its vital location. Nearness to NH8, the hustling Delhi-Jaipur highway makes it a future advancement center of North India. Striking, about 4800 industries are either under development or operational here.

Moving over to the Middle Income Group (MIG I) class, they will get a subsidy up to Rs 2.40 lakhs under the CLSS of Pradhan Mantri Awas Yojana. IIFL Home Loans are helping beneficiaries to avail this subsidy on their home loans across the country. They can choose an investment in Sohna/Gurgaon Extension and Uttam Nagar, Delhi.

 

Figure 3: Gurugram, Haryana

Sohna/Gurgaon Extension - an extended part of Gurgaon and lies hardly 15 km from the heart of the town. The typical price here lies in between Rs 3800-4800 per Sq.ft. This region has the potential to cater to the wants of each buyer trying to find a property. Within the newly notified Gurgaon - Sohna plan 2031, Gurgaon is the new place for residential, industrial and commercial, development. The proximity to sulphur springs, Damdama Lake, and Westin resort makes the place more attractive.

Regularized colonies in Uttam Nagar, Delhi, is another hotspot for purchasing a property. People earning between Rs 6-12 lakh annually can afford 2 BHK with ease during this area. The world is connected with three metro stations, namely Uttam Nagar East, Uttam Nagar West, and Nawada. Residents can easily reach Dwarka, Noida, Connaught Place, Vaishali & Anand Vihar ISBT. They are often cited because of the densely populated residential locality.

Middle Income Group (MIG II) people can get a subsidy up to Rs 2.30 lac under CLSS of Pradhan Mantri Awas Yojana. 3 best-suited areas for them are New Gurgaon, Dwarka and Noida.