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Delhi Emerging as the most Preferred Real Estate Market in the Country
| January 4, 2010 |  (Be the first to rate this story!) Loading ... |
Infrastructure development, fuelled by the upcoming Commonwealth Games, has ensured that Delhi is emerging as the most preferred real estate market in the country. After a less than perfect start to 2009 — the global economic meltdown took its toll — the road to recovery has been quick and lucrative.
The experts agree: a report released by Ernst & Young in November listed Delhi as the “most preferred market” in India, followed closely by Mumbai. Some of the factors that pushed Delhi to the coveted spot, as highlighted by the report, include massive improvements in infrastructure — a well-connected metro service, a modern International airport, road widening projects, new flyovers, underpasses, walkways and high capacity buses.
Another report by Pricewaterhouse Coopers and the Urban Land Institute has listed India as a top real estate investment market in Asia in 2010 with a particular focus on Delhi.
News Published Under: Delhi |
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