Dharuhera: Gateway to growth

Jan 19 2013, 09:09 IST
Comments 0
SummaryWith its proximity to the Delhi-Mumbai Industrial Corridor, the area is seeing a flurry of industrial and residential activity and has prospects for good returns in the near future

sq ft.

Apartments in Dharuhera are available at affordable prices and compares favourably with Noida Extension amd Sonepat, which are also far suburbs of NCR. Housing here is still within the reach of the middle class and is likely to give good returns over a long term.

Several far flung satellite cities in and around NCR are also developing as retirement home destinations, and Dharuhera also qualifies for being one. Many middle income group buyers have turned out to be investors and are purchasing second homes, which can give them rental income and appreciation over long term.

Dharuhera is a destination offering basic amenities at affordable prices, which is likely to improve within a period of 3-5 years. One can expect a minimum of 15-20 per cent returns on their investments here. l

— The author is MD, Bajaj Capital. With inputs from Sunil Agarwal, principal advisor, Bajaj Capital Realty

Single Page Format
Ads by Google

More from Estates

Reader´s Comments
| Post a Comment
Please Wait while comments are loading...