Who doesn’t dream of buying a low-priced property in Delhi, the national capital of India?! It is the one city bustling with good property investment areas. If you are looking for low-price property in Delhi, you are on the right blog! We at Neevilas Homes have expertise in providing our customers with the best affordable housing projects in Delhi.
With the current situation and the never-ending work-from-home scenario, the need for good homes is increasing day by day. The rising demand for affordable plots in Delhi and a need for low price property in Delhi has led to the government taking significant steps to help people get a decent dwelling.
The real estate sector is the second biggest job-creating sector in India and is soon expected to contribute a whopping 1/10th of the national GDP. Real estate is one of the nation’s most pivotal economic tools. It contributes to about 8% of the Nation’s GDP currently and is expected to grow to 13% over the coming years. To give the sector a much-needed investment push, the government has introduced certain measures in our Annual budget. Housing for all is the main aim that the government seeks to achieve.
Two major incentives given to the real estate sector in the budget are tax benefits for affordable housing and private investment formats such as REITs and InvITs.
Nirmala Sitharaman, our Finance Minister, has proposed to extend the tax exemption benefit, as well as the deduction of interest on loans for affordable housing till March 31, 2022.
The Delhi Government has decided to take certain measures to help people find affordable housing societies in Delhi which are, no doubt, one of the best areas to invest in real estate. The Delhi administration slashed circle rates by 20% across six categories namely residential, commercial, and retail, for six months to help people find low-price properties in Delhi and also boost the sector.
Apart from this, home loan rates are at multi-year lows allowing buyers to discover the best ways to invest money in property and find good property investment areas.
Low land rates and the resultant low Delhi NCR plot price makes Delhi NCR one of the most ideal places to buy a low-priced property in Delhi. The current prices in this region are still low so now would be a good time to buy land or get a low-priced property in Delhi.
As Delhi NCR contributes to the majority of real estate deals in India, it makes this region the most ideal place to find the best housing markets to invest in. Finding a low price property in Delhi is not a problem especially when you have Neevilas Homes by your side.
In our opinion, now is the most appropriate time for you to buy a low-priced property in Delhi. Neevilas Homes, an accredited consultant in real estate is your one-stop solution for all your real estate needs and will help you find a low-priced property in Delhi.
Neevilas Homes, for 40+ years now, has invested, purchased, and developed over 2,000 acres in and around Delhi. Becoming a part of the Neevilas family has not one but many benefits. Its planned grid system, interconnected roads, surrounding Green Belt, and nearness to the Metro and expressway are just some of the numerous advantages.
Apart from these amenities, the biggest advantage of choosing Neevilas Homes is the affordability that it brings with it. Neevilas gives you low-cost EMI options. At super reasonable rates, you can now get a low-priced property in Delhi that is not far from becoming your dream home.
We are here to give you all that you ever wanted and needed at an overwhelmingly low price! So, what are you waiting for guys?! This is your chance to get a low price property in Delhi, the most happening city!