The Delhi real estate market has a good reason to look forward to the year 2008, because the place offers a good exit strategy for international real estate investors. The acquired properties can be offloaded to both international as well as domestic investors on account of active interest for Delhi property in both the markets.
There have been many a rise and fall in the international property markets. Now all Indian metros in general, and Delhi and the NCR (national capital region) in particular, are poised to witness a property boom in the forthcoming year.
Delhi and Mumbai are among the fastest rising Asian heavyweights, and could collectively have a positive impact on the post-credit-crisis-ridden world economy. These two markets are considered good opportunities for capital appreciation. They also present dual exit options for international investors, as these properties can be sold to both Indian as well as international suitors, making the Delhi property market among the more attractive real estate investment opportunities available.
The Delhi market has multi pronged advantages, since it benefits from the overall positive economic environment in the country as well as the forthcoming 2010 Commonwealth Games. The city plans to have 3,000 more hotel beds in 2010 than it currently has. According to Assocham, the realty sector is likely to be worth $90 billion by 2015, with demand for commercial and residential property likely to far outstrip supply by then.