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Real estate and property investment in Delhi (New Delhi)

 

 

Real and property investment in Delhi has experienced a tremendous growth in recent times. Delhi has been among the top regions in India to receive Foreign Direct Investment. A number of national and international companies have set up their headquarters in and around Delhi to manage their Indian businesses, which has increased the prices of real estate and property in Delhi. Considered the second largest metropolis after Mumbai, Delhi has a total land area of about 1483 square kilometers. New Delhi is the capital city of India.

Well known real estate builders and firms are involved in real estate investment and property construction activities in Delhi. The satellites cities of Delhi such as Gurgaon, Ghaziabad and NOIDA are also popular among real estate investors. Besides established commercial centers such as Connaught Place, newer commercial and recreational centers have been constructed in various parts of the state. A number of BPO and other Information Technology enabled service related companies have set up offices in these satellite cities. Besides IT, demand from sectors such as banking and finance, media, retail, etc has created significant demand for commercial property. As more people migrate to the state, the demand for real estate and property is going to increase even further.


-- Recent News --

Marriott International along with Uppal Hospitality plans to launch a 206 room JW Marriott hotel on the Delhi-Jaipur highway.

 

 


 

The National Capital Territory is divided into nine regions (districts):

  • New Delhi
  • Central Delhi
  • North
  • North Eastern
  • East Delhi
  • South Delhi
  • South Western
  • West Delhi
  • North Western

Delhi has 3 municipal corporations that play an important role in maintaining and improving the infrastructure of the state. They are: Municipal Corporation of Delhi (MCD), New Delhi Municipal Committee (NDMC) and Delhi Cantonment Board (DCB). The Government has been trying to further improve the infrastructure. The Mass Rapid Transit System (metro) was constructed to improve the traffic condition of the region. The city is already well connected to the rest of India. The main airport - Indira Gandhi International Airport (IGI) is one the busiest airports in India, serving both national and international travelers. The Grand Trunk road, which is a national highway of great importance, passes through the state.

 

More facts about Delhi

Total population of the state is about 21.5 million. Languages spoken include Hindi, English, Punjabi and Urdu. The capital city was designed by English designer Sir Edwin Landseer Lutyens.

 

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