Due to the higher prices in Delhi, it is wise to look for some resale properties. In case if you wish to settle in Delhi and want to buy an Apartment in Delhi, this is the best option you will have, if only you are not an HNI or super HNI. In most of the areas in Delhi, the prices have gone beyond the reach of any ordinary and middle income man. Thus the best thing for any of them can do is to seek some resale properties.
You may feel that the amenities and facilities at a resale property are not up to the modern standards. This is true to a great extent. However in most of the old properties, now some good amenities are brought in after the renovation of these apartments. What I mean is that it is possible for you to enjoy a good and comfortable life even at the old projects as well. So then why look for a new Property For Sale in Delhi? Why cannot you do the same with an old property?
Another important thing you must or you will notice is that in most of the prime locations in Delhi there are few new projects. In these prime locations, the sole option you will have is resale property. If you have sufficient fund to renovate it, it is well and good. You must understand that whether the home is old or new, whether the amenities and facilities are up to date or modern, it is your decision and happiness which are more important. In any of the case if you are getting an Apartment in Delhi, you will lack anything of these for sure.
You might have noticed that the city is hotly sought after by the property investors as well as the home buyers. Though the end users are many, the investors are also not less. Due to the presence of these investors the prices of any Property For Sale in Delhi are higher. Those who sell out their properties are sure that there will be people to grab them even at higher rates. Thus they offer their properties only at higher rates and prices.
The higher rates mostly affect the end-users who are looking for an Apartment in Delhi for living purpose and not as an investment option. While the investors are sure to gain better returns from their properties, they are willing to pay higher. On the other end, the end-users do not raise any income from their home and so are not willing to pay higher. This is the reason why the home sales in Delhi have gone far down in the last couple of years.
Residential Properties in Delhi 