Sunday, July 25, 2010

Affordable Commercial Rental Real Estate

Shortage of residential and commercial properties in preferable locations and high demand of property are the main reasons for skyscraping prices of properties. Delhi being the national capital is always on high demand by all for residential and commercial reasons, but because this state is already overcrowded and there is hardly any place available (and that is too in non-developed area) for sale or purchase. The thought of buying a property is something creepy because of high rate of real estate market. So, most of the people prefer to go for rental houses of offices so that they can easily pay the monthly rental with an ease and can afford the same.

Main cause of hike in prices of properties is shortage of residential and commercial real estate in Delhi as well as in national capital regions (NCRs). Delhi and NCR – Faridabad, Noida, Gurgaon, and Ghaziabad are the main hub of real estate sectors and presence of renowned builders who are having numerous residential and commercial projects in these regions have added more value in the property prices.

Generally it is noticed that more and more business units are spreading their business in different cities if they are already having office in Delhi then they are looking for NCR sectors to open up new branch units and for sure they need office space for that. For this reason they demand commercial real estate to establish their office and preferably they buy the office space if it is affordable otherwise they go for rental space at a reasonable rental price.

At present almost all the people are giving preference to rental property because they don’t want to block their money by investing in extra property whether it is used residential or commercial purpose. And on the top of that the shortage of residential and commercial real estate have made it difficult to think to buy any of these property and as a result there is only one option left i.e. to search for affordable rental unit in selective and preferable location so that it will be supportive to meet the requirement.

Tuesday, July 13, 2010

Affordable Faridabad Properties under Delhi Real Estate

Faridabad is also the part of NCR and the property value is increasing ultimately. The proximity of Faridabad to Delhi, NOIDA and Gurgaon, the real estate market is growing day by day and making many profits. Taking consideration of residential investments in Faridabad one can know the real state growth and know about the Faridabad property value. With the increasing value of the Faridabad property value many investors are showing their interest to make investments. Actually Faridabad is a well developed industrial city with 300 large and 10,000 small industries. Haryana government has developed a new industrial model township with both commercial and residential facilities.

For those people who could not able to afford the property rates in Delhi can have a comfortable with the Faridabad property status as an industrial and residential values. Faridabad would not encourage setting their offices of IT and MNCs in the neighboring places because Faridabad is having all the facilities and attracting the investors.

Faridabad is very well connected with Gurgaon and NOIDA and also it is enjoying the proximity of the most profitable location with Delhi. Faridabad real estate market is getting appreciation with retail spaces and other production activities. Much number of shopping malls and multiplexes almost ten are going to establish in Faridabad, which will be going to start their functional activities shortly.

Nothing could be better than owning commercial property in Faridabad. Because Faridabad is not only the well established city in the Haryana state but also the one of the developed place in Delhi real estate region.

Delhi real estate value has developed at a unbelievable and the value is still increasing highly. Coming to residential properties in Faridabad the value will raising day by day. If you are eager to invest in Faridabad Residential properties you can find the properties with world class ultimate technology through many online portals and by the local registered real estate agents.

According to the analysis of the experts, the report will says us the residential property values. Based on the reports, the property value has increased in the range of 20-40 per cent in the last ten months especially in the superior sectors 14, 15, 16, and 17in Faridabad. Property values in sector 55,64 and 65 the property values are stable and te average value will be in the range of Rs. 20,000 – Rs. 30,000 / sq yard. Faridabad is going to be one of the most promising destinations of India in very short span.