Absolutely. New Delhi has witnessed record residential launches and sales in recent years. Backed by policy support, infrastructure spending, and rising disposable incomes, the New Delhi property market shows no signs of slowing down.
What is the price per sq.ft in New Delhi?
The average price per sq.ft in New Delhi ranges from ₹4,500 in emerging localities to ₹15,000+ in premium zones. Well-connected sectors with good amenities command higher rates, while upcoming areas offer early-entry pricing.
What is the safest locality in New Delhi to buy property?
Planned, gated-community sectors in New Delhi with a strong RWA presence, CCTV surveillance, and professional society management are considered the safest. Buyers should also check the developer's track record before choosing.
Is affordable housing available in New Delhi?
Yes, New Delhi has a range of affordable housing schemes under PMAY and state government programmes. These offer subsidised home loans and government-approved pricing for EWS and LIG buyers.
What is RERA and why is it important when buying in New Delhi?
RERA (Real Estate Regulatory Authority) is a government body that mandates developers to register projects, disclose timelines, and deliver as promised. Always verify RERA registration before booking any project in New Delhi to protect your investment.