| August 2, 2007 | |
With soaring rates of residential property in Delhi and other metros, there are not too many options to go with. Moreover, the buyers require doubling his budget even to avail the available ones. The other problem with the budget is, most of the properties available would lack the proper legwork.
There was a plethora of options for residential property in the NCR but they have dried up in UP and Haryana. In Delhi, part sale is still allowed, but approved projects would go beyond the budget. Only skyscrapers are allowed part sale of a residential property as they get special license for it.
When searching for such residential properties in budget, you can take the risk of relying on something appearing too good but don’t forget to have the discerning eye. You may find Janta flats in Mehrauli, parts of Gautam Nagar, and may be even Khirgi Extension.
Also, some people are buying land up to 200 sq yd to build a house within this budget. However, this is agricultural land and therefore you cannot ensure it as a secure property. In Rohini, you may buy a better legitimate land.
There are the Janta flats constructed by DDA in Sector-6, Rohini. Investing in such properties come with a promise of being both cost effective and productive in terms of returns.
News Published Under: Delhi |
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