Q: what are the affordable localities in delhi ncr which can offer good investment options in Rs.30 lakh. which one is going to appreciate more the suburbs of Delhi or Mumbai?
Yes good projects like Brahma city, Emaar MGF Gurgaon Greens,Sare Petioles, Orris Greenopolis,Paras Irene,Winter Hills, Unitech etc. What is your budget? If you want to invest this is the best time to get good appreciation in future.
If we are talking about, affordable housing locality, then in NCR region, the most highly profitable area is Gurgaon. Gurgoan is coming up with huge number of projects. Projects that are mix of commercial and residential. Even affordable housing is coming up. If you are looking for residential purpose and you life time investment , i would like to request you go for Gurgaon.
Delhi has a huge load of floating population per annum when compared to Mumbai. Recently survey has shown that the Delhi NCR tops in employment generation; as these new jobs have the potential to drive demand for housing, this is expected to push appreciation considerably.
Bhiwadi, Faridabad, Palwal, Manesar, Raj Nagar Extension and Sonipat are good and offer decent options in the price bracket you have indicated. Whereas Delhi suburbs are likely to have better appreciation since Delhi is the capital of India.