Realty industry in India, Delhi took a heavy beating when the property prices across the country crashed as an upshot of the global recession in 2008. Delhi city and Gurgaon and Noida properties tend to recover quickly from realty busts as it has faced and seen through several cycles of realty booms and busts in the past century.
The downturn in the real estate market provides a good chance to invest in Delhi properties and Delhi Real estate. As the prices are usually overpriced here so a bust results in correction of property prices that allows fresh investment opportunities to investors, realtors and buyers alike whether they are interested in buying or renting delhi property, delhi flats and apartments. The correction in prices means that the highly priced premium luxury delhi properties and apartments are now available at a price that the area has hardly witnessed in a long time.
However, property prices in South delhi, sohna road and greater noida which are some of the posh areas in delhi / ncr city remained strong even through recession.
So, the present time is the best time for investment in delhi properties , apartments, flats and villas