Delhi highlighted as investment hotspot

Delhi has been higlighted as a hotspot for investors, thanks to low property prices.

Secondary marlets of Delhi National Capital Region are priced at up to 30 per cent below prime areas, says Santhosh Kumar, CEO of JLL India. As a result, investors can snap up bargains.

“The festive season of 2013 was one of the most muted in the last five or six years, as sales remained sluggish despite the advertised discounts, festive offers and new projects," he tells OPP Connect.

“Some residential corridors still remain attractive at current valuations. Secondary market valuations are currently trending at a 25-30% discount to the primary market – therefore, the secondary market is a good avenue to get bargain sales.”