Growth of The Real Estate Sector in North India
Delhi is the capital city of India and has several gigantic commercial buildings, ancient monuments and exhibition halls. People come in Delhi for watching the beautiful cultural, historical buildings and modern markets.
The city has witnessed tremendous growth in the real estate sector over the past many years. Due to the liberalisation policy and license free regime of the government of India, many multinational companies have established their factories and offices in this city.
Delhi was capital of mughal empires also. Several ancient buildings like Jama Masjid, Red Fort and Humayun Tomb was built during the mughal rule. After independence, Government of India has decided to develop four metropolitan cities Delhi, Mumbai, Kolkata and Chennai as the major commercial centers of the world.
Growth in the urban population and rapid industrialization has resulted development of residential houses, factories and commercial shops in the all the metropolitan cities of India.
The Real estate in Delhi India, India can be compared with the real estate sector of any developed countries of the world. Delhi in the modern time is known as the city of world class transport and infrastructural facilities like metro railways, lo floor buses, flyovers and multi-storied buildings.
To reduce the pressure of overpopulation and unplanned industrialization, government has decided in the mid 1980s to develop adjoining areas of Delhi like Gurgaon, Noida, Ghaziabad, Faridabad and others as the major industrial centres.
Several industries and commercial centres were shifted out of Delhi in the adjoining areas in the planned way. Gurgaon is fast becoming as one of the most industrialized and modern cities of India.
Property prices in gurgaon are continuously rising with the New project Launch in Gurgaon and growing population in the city. Gurgaon is well connected with Delhi and adjoining areas with road and metro rail networks.
Many multinational and big companies has established their corporate offices in gurgaon. Due to large employment opportunities in Gurgaon, many people have shifted into this city. The commercial project in gurgaon has witness rapid growth over the past one decades.
Gigantic shopping malls, showrooms and retail stores have come up in the city thanks due to the rapid industrialization and infrastructural network of the city. Gurgaon in the present time, is known as the cyber city of North India.
One can find details about the real estate properties in Delhi and adjoining areas over some leading property websites. Some Best real estate websites India are 99acres.com, makaan.com, olx.com and others. People can find listing of all hot commercial and residential properties on these property websites.
The Real estate in Delhi India, India can be compared with the real estate sector of any developed countries of the world. For more information about Best real estate websites India visit indianrealtymart.net.
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