Where to Invest Property in Delhi NCR? Noida, Faridabad, or Gurgaon!
For investment Delhi NCR, is the best option and the easiest way to gather higher return over investment as the cities have manifolds residential option under reputed builders now the region is becoming one of the top hotspot zones for investment.
The National Capital Region (NCR) is known as India’s only largest capital region that is adjacent to the Delhi border also known as Delhi NCR. As per details from Census in 2011 NCR population was 4.61 crores and in 2020 it is 30.2 million which is the high record and indicates the region is a highly populated city in India.
Where to Invest Property in Delhi NCR? Noida, Faridabad, or Gurgaon!
The NCR is part of many states such as Haryana, Uttar Pradesh, and Rajasthan and the cities that are close to the Delhi border but Faridabad, Gurgaon and Noida are 3 major cities that attract higher populations. There are endless reasons that give opportunities to migrate these cities, furthermore, the cities are in developed stage and offer higher employment opportunities.
In addition to this, the presence of good infrastructure and economy boost the city value. Many well-known MNCs and National companies have established their head office in NCR that adds terrific value. Now the cities are becoming the prime focus among real estate developers too and you can see numerous real estate infrastructures in these cities.
Here I am going to mention 3 major Delhi NCR regions where you may consider investing:-
Sector 150 Noida: The sector is close to Noida Expressway and the most preferred destination in Noida. Known as one of the greenest sectors where 80 percent is dedicated to greenery and 20 percent is allocated for construction work. Here, Noida- Greater Noida Expressway, Yamuna Expressway, and FNG Expressway give excellent connectivity to many places. In addition to this, the sector provides sector 148 easy metro connectivity (Aqua line) that offers an easy commute. Upcoming Jewar International Airport is another advantage. For investment, this is the best sector in Noida that will surely bring lucrative benefits.
Noida Expressway ( Sector 142-149): Noida Expressway, the stretch between sector 142- 149 is also considered one of the sought-after localities, and the emerging micro-markets give upliftment so that it is another way that offers higher return over investment. In addition to this, it is the hub of many IT and financial companies which demands housing as well as rental demands here.
Sector 118 -122 Noida: Located close to the FNG Expressway and NH 24, offers excellent connectivity. Hub of many renowned companies such as TCS, IBM, Nokia, Tech Mahindra, and HCL. These all are in the operational phase. The area offers mid-segment to luxury category ready to move property as well as under-construction residential projects.
Central Noida: Central Noida is the epicenter of many premium developments, prominent developers have established their remarkable projects in this region. Here you can have the choice as the locality has ranges of ultra-luxury residential as well as commercial projects. In addition to this, sectors 50, 51, and 34 offers employment opportunities for working professionals. For that reason, the demands for residential as well as rental demand are quite high in this area.
Sector 100, 135, 137: Well-developed social infrastructure boosts the value of the region and escalates residential demands. Several multi-national firms open their offices in nearby locations. Property investment in this sector gives good returns.
Top 5 localities of Faridabad for investment
Neharpur: – Neharpur is also known as Greater Faridabad and the hub of potential realty hub offers various segments of residential developments. Makes your daily commute easy through KMP Expressway. Also, it gives easy connectivity to Gurgaon and Delhi. The property rate in this region is quite escalating and for the investors, and value for money.
Suraj Kund: – Conveniently located close to South Delhi which gives ease connectivity to several locations. Furthermore, the city is a tourist and heritage site such as the Sun temple and Asola Bhatti Wildlife Sanctuary. Many developments you can see in this locality too, also, it is the best investment zone.
Green Valley: – Green Valley is another excellent location for property investment. With superb connectivity to South Delhi, it allows you to connect to many other parts of the city. The area has basic facilities and amenities to live a good life. Another advantage is the area is replete with many social amenities.
Sector 78: Sector 78 Faridabad is another emerging sector, located nearly 5-6 km away, Bata Chowk is the only nearest metro station to this locality which offers connectivity to several places. Availability of residence in this locality is at a very competitive price and hence you can invest in this area which wills definitely double your investment.
Dayal Basti: Dayal Basti is famous for its National Museum and Tughlaqabad fort complex. The area is brimmed with various social amenities. The investment in this area has witnessed high returns so it is the best place for property investment.
Top 5 localities of Gurgaon for investment
Gurgaon aka known as the millennium city and comes on the top list of investment, the region is one of the hotbeds for the real estate developers where they usually approach with something different. So if you are considering investing in property in Gurgaon then have a look at these top five emerging localities before selecting any projects because locality always plays a crucial role to boost property value.
New Gurgaon: This is one of the most coveted or you can say desiring localities in Gurgaon, the region is steadily at an emerging phase and core of many residential as well as commercial developments. From here one can enjoy seamless connectivity via NH – 8, and Dwarka Expressway and buyers always prefer to buy property close to such locality where they will get connectivity to many places. The presence of good infrastructure and social hub is close to this locality hence you can consider this place for investment.
Golf Course Extension Road: Another emerging location with outstanding availability of infrastructure development makes it one of the sought-after residential corridors. It offers excellent connectivity towards NH 8 and proximity to IGI airport. Golf Course Extension Road has witnessed massive residential and commercial developments and from that standpoint, you will have plenty of options to invest in this area. Robust infrastructure facilities and the presence of social amenities are another add-on to it.
Southern Peripheral Road: Southern Peripheral Road, alternatively known as SPR is a significant link that connects Faridabad – Gurgaon Road to Golf Course Extension Road and Delhi-Gurgaon Expressway. Located close to renowned educational institutes and commercial spaces such as DLF Corporate Greens, SPR is also well-linked to Dwarka Expressway through National Peripheral Road. It is the hub of many affordable and luxurious projects.
Dwarka Expressway: Offers seamless connectivity to Delhi and international airport along with many destinations in Gurgaon makes it one of the prominent destinations. Another sought-after region that offers higher return over investment so you can think over this.
Sohna Road: It is one of the fastest-growing residential belts with adequate infrastructure and a commercial hub which makes it another prominent investment zone. It gives superb connectivity to Golf Course Extension Road and Netaji Subhash Marg.
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Before purchasing a property, every buyer weathered expert or novice has to keep in mind several aspects. This includes an array of permits and licenses. Mineral rights are one such essential license for property owners.
You can purchase land with or without mineral rights. Owning this license will allow you to sell minerals extracted from your property and earn more. However, you can also earn high ROI without this document.
For detailed knowledge on how buying land without mineral rights can be great for your finances read till the end.
Mineral rights issued by the US government act as ownership privileges that land owners can exercise on minerals from their property. Such minerals can include oil, coal, gases, and metal resources. Unlike surface land ownership, mineral rights allow landowners to extract, sell, and trade minerals obtained from their soil to a fair market. This helps them earn additional benefits from their land investment. However, it comes with an extra expense that might not fit everyone’s budget.
You can buy properties with or without mineral rights. Buying land with mineral rights allows you to trade and utilize the minerals that are extracted from such properties which you cannot do if you do not have mineral rights.
Nevertheless, even buying land without mineral rights can be a worthy investment. Purchasing land without mineral rights makes the purchase process simpler with comparatively less paperwork.
It is also a cost-efficient process as you invest on the surface land and not on what lies below. Furthermore, owning land without mineral rights also unburdens you from potential risks revolving around environmental and legal issues.
To know how you can generate significant ROI by buying land without mineral rights, keep reading.
How to Benefit from Buying Land without Mineral Rights?
If you are buying land without mineral rights, take a look at the points that can assist you make the best out of the property.
Surface Area Agreements
If there is a mineral rights holder for your property, consider negotiating surface use agreements if they tend to use the land for extraction purposes. The scope of the negotiation process can outline land restoration, compensation, and access route expenses.
Furthermore, it is essential to have clear communication with the mineral rights holder regarding mitigation plans. The scope of this plan must involve strategies to minimize disruption and restore the land after extraction.
Recreational Use
Another way to earn after buying land without mineral rights is by utilizing the property for recreational or outdoor activities. For instance, you can lease the property as hunting land, winery, or fishing ground.
This shall help you earn significantly high returns from the growing tourist industry in your location. You can also utilize the land to set up outdoor facilities like camping, hiking and hunting tours, winemaking, etc.
Agricultural Use
If you own surface rights for a vast land, you can utilize it for agricultural purposes for livestock or crops. This offers a steady source of income and is also compatible with certain types of mineral extraction processes.
For higher returns, you can employ sustainable farming practices that enhance the long-term productivity of the land.
Legal Assistance
This is one of the crucial steps in the land-buying guide to ensure you are not being duped or trapped by the seller into legal loopholes. Very often it might be tough to comprehend the legal terms and clauses of an ownership transfer contract. If you are buying land without mineral rights and are facing such an issue, consider seeking guidance from a legal advisor.
A legal advisor can take you through the terms and nuances of the land ownership contract. This shall help you make an informed decision.
Residential and Commercial Use
Besides the above methods, you can also buy land without mineral rights and utilize the same for residential and commercial purposes.
In such land, you can construct commercial or residential buildings like houses, villa apartments, shopping complexes, or universities. However, you must ensure these infrastructures do not get impacted by mineral extraction processes.
You can also utilize this property to set up and install solar panels or wind turbines to earn high returns. Furthermore, these can also work as a feasible infrastructure even if the land is used for mineral extraction.
You can connect with reputed real estate agents for assistance with land research to make an informed purchase decision. The right agent shall also provide insight and options if you are looking for owner-financed lands.
Bottom Line
Mineral rights are the licenses that can help you explore and earn from the minerals extracted from your land. Besides the above ways to earn a significant amount after buying land without mineral rights, you can use the property as a wildlife conservatory and property landscaping. You can also rent the land for events and education programs to earn passive income.
Your search for the right property ends here. Connect with our real estate experts and make an informed land investment decision.
