How to find the best place to invest around Delhi?
Given the property prices in Delhi, as a real estate investor, it obviously makes larger sense to find areas around the capital city, which are lucrative, reachable and yet not as expensive. But what defines lucrative? From real estate investment perspective, an offer is lucrative if it commits growth. Growth … what all does that includes?
Well, explaining the above stated would be easier, if we worked with a real time illustration, say the Phulera plots.
Phulera residential and commercial plots would make a good case study in this situation as they are located in Jaipur, which is not very far from Delhi and in the last few years, investors from Delhi and NCR have shown reasonable interest in Phulera properties.
Plots in Phulera, Jaipur are a good investment opportunity because they are on the growing side of the property curve. Real estate investment analysts allot specific positions to different areas on the investment curve. All areas follow a specific trend. As the development begins, like in Phulera, the property tends to move up the demand curve i.e. it becomes lucrative.
The prices only start moving when popularity begins. This is the best time to enter the investment process because the area has already caught reasonable attention and yet, is far away from saturation. Profits at this stage are at their highest and thus plots in Phulera are being considered pretty lucrative. At the next stage, once initial investors have made their purchases, buyers who actually intend to inhibit start with the property search prospect and this is when money starts clicking. After a number of years, when the area is fully developed, like in case of Delhi, real estate prices reach a hike and tend to stagnate. In this phase, the monetary requirements are high, but returns are not as impressive. On the other hand, when the property is in its growth stages, like the case of Phulera residential plots, investment is low, while the return percentage is promising.
Phulera plots are lucrative; all thanks to the location benefits and additionally, being in the initial phase of real estate investment graph, they commit growth. They are not as expensive and reaching Phulera is way too convenient. Considering how property in Jaipur city has picked up and given the link with the DMIC project, it is quite certain that Phulera would contribute to massive real estate expansion drive in the region. Thus logically analyzing the scenario, if the idea is to zero down on an investment opportunity near the national capital region, Phulera plots are a tremendously profitable prospect.
All these locational advantages makes investment in "Lake View City" a futuristic and profitable investment.