New Delhi, the administrative capital city of India, is undoubtedly one of the most rapidly growing cities in India. A hub of all commercial and business activities, Delhi has a per capita income which is approximately 2.5 times higher than the national average. The city boasts one of the best infrastructures in India and aims at providing quality of life to the residents and promote the economic growth of the city. The aviation network, roadways, and railways connecting New Delhi to the other parts of the country is efficient and extensive.
Today, Delhi is emerging as the most popular investment destination in India. Factors that make it the most preferred choice of investors include:
With businesses setting up their plush corporate offices in Noida and Vaishali, the two major cities have turned into real estate hotspots. Although both the cities are quite popular among the investors, there are several aspects which need to be considered while investing in these budding cities, of which include, accessibility, price trends and more importantly high resale value of the property.
Although both the cities offer you good returns with strong income potential, they have their own factors that make your investment worth.
Vaishali is the well-planned area of Ghaziabad and is one of the prominent destinations for luxury housing. This location is closer to Delhi and has attracted investments from the government as well as private sectors.
On the other hand, Noida sector 78 has been making news in the real estate industry as the construction of new apartments/commercial spaces here is in full swing. This locality has a well-developed neighbourhood and has excellent connectivity to some of the key areas in Delhi.
Noida sector 78: It has massive resale and rental value. It has close proximity to workplaces, plenty of convention centers and smooth connectivity which has impacted about commercial as well as residential investments. The locality is connected to Greater Noida via Dadri via Link Road, Yamuna Expressway, and to Delhi through Delhi Noida Direct (DND) flyover. Also, the City Centre Metro Station is located merely at a distance of 3.5 kilometers. The apartment value in this section is approximately Rs 5,234 per sq.ft.
Vaishali : Situated in Ghaziabad, Vaishali is one of the favourite destinations of investors. It offers strong returns and stability of income due to less competition. It has exposure to various sectors of the economy, lower vacancy risk & higher security, investment control, depreciation tax shelter and massive leverage. Also, sector 4 has near proximity to the metro station, making it easy to commute on a daily basis. The commercial value is around 5,837-8,311 in Vaishali.
While Noida sector 78 is a popular location for residential investments, Vaishali attracts commercial space investors.
Now that you know the key factors of both the location, make a wise decision and grow your hard-earned money by making an investment as per your requirements, i.e. Noida sector 78 for residential and Vaishali for commercial purpose.
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