Q: I am happy that our Delhi NCR has became India’s largest residential market in report by realty firm Knight Frank. But Is real estate in Delhi NCR a stable market?
Chennai, Bangalore, Kolkata and Hyderabad are also good for residential market. I have read an article in CommonFloor that Real estate in Southern India on peak. According to the article, the prominent cities like Bangalore, Hyderabad, Chennai and other parts are in great demand for real estate due to their improving transparency and visibility of the real estate markets.
I heard majority of the launches took place on the Dwarka Expressway and 50 percent of the upcoming supply in the NCR market is expected to be ready for possession by 2013. As per my knowledge it is good time for investing in Delhi residential properties and NCR’s market still remains one of the most stable markets in India.