The market for both residential and commercial properties in India is growing day by day thanks to the amazing performance of our economy in the last decade. If you have a business, then it makes sense to relocate to a place which has a well-developed infrastructure and a thriving market. However, relocating to such a place has its advantages as well as disadvantages and we have put forth a few points below so that you can make up your mind as to whether the relocation plan that you are considering is worth the effort.
If you want to find a residential property in central Delhi for sale you can either engage a broker or do some research yourself to know about the available properties in the market and their prices. However, if you are new to the area, then we suggest that it will be prudent to go through the broker because of his familiarity with the area as well as his specialization in this job to get you the best property at a bargain price.
Some of the advantages that you get if you buy a residential property in central Delhi are as follows:
1). When you buy a property in Delhi, you get a fully developed infrastructure ready for you.
2). The transport system is well developed and you have several modes of transport available to you that include auto, buses, app-based cabs, metro trains and so on. If you are planning to go abroad, then also it will be easy to commute to the Airport.
3). You will find regular electricity and water supply.
4). You will find several facilities like banks, schools, hospitals, playgrounds and markets near your home.
5). If you have a residential property in central Delhi, then you will find a better scope for higher education and employment.
While living in Central Delhi has several advantages, it also has its negative sides too. Some of these are discussed below:
1). Although there are numerous modes of transport available in the city the traffic problem in Central Delhi is also critical. Here you can remain stuck in traffic for a long time.
2). Property prices in the central part are significantly higher than that of the properties available in the suburbs. The rent and property taxes are also higher compared to outlying areas.
3). Prices of commodities are also higher as business people consider people living in the central part well to do and mark up their prices accordingly.
4). The level of pollution in the central city is also very high compared to the areas that are on the outskirt of the city thanks to the presence of a large number of vehicles and factories.