The real estate sector in Delhi NCR has come across a significant transformation in recent years. The capital remains a hub of economic and cultural activities, and the development of tier 2 cities is around it. This has also emerged as a game-changer, especially in the real estate sector. In fact, the establishment of the “Golden Ring” has become a network of connectivity in Delhi NCR. It has led to the rapid growth of significant cities such as Bhiwadi, Bahadurgarh, Alwar, Sonipat, Jewar, and Meerut. In fact, these cities also offer mind-blowing investment potential with promising growth prospects, excellent connectivity, and tons of new amenities.
Ashwani Kumar of Pyramid Infratech has set out to mark the potential for tremendous growth, stating the Tier-2 cities in the Golden Ring. it has become the hotspot for real estate investment. This region has also offered ample opportunity for growth, which is driven by the factors like infrastructure development and increasing ample opportunities for growth. This also increases the urbanization in Rewari, Bhiwadi. This region has also witnessed a surge in commercial and residential projects, making it an attractive destination for investors. In fact, the future project of these cities is highly promising, with substantial appreciation expected in the property values. “This Golden Ring also ensures seamless connectivity within and around Delhi NCR, making it easier for people to commute and access various amenities.
The Bahadurgarh benefits from the Delhi Metro extension have also offered residents a convenient and faster mode of transportation. In fact, tier-2 cities also witness the development of modern infrastructure, which comes with schools, hospitals, shopping complexes, and recreational facilities. Radhika Rakesh Gargm Director of Rajdarbar Realty.
The growth of commercial real estate in the National Capital Region (NCR) has also been credited to the substantial progress in infrastructure development. This combination of favorable policies is implemented by the state governments. This expansion of this metro network and the upcoming Jewar Airport, the Eastern Peripheral Expressway, and Dwarka Expressway offer the proposed Bodaki Railway station. These factors have also contributed to making the corporate, commercial, and residential hub.
The Managing Director of MRG Group said that the soaring property prices in Delhi and other major cities. In fact, tier-2 cities offer an affordable option for real estate investment. In fact, these affordability factors have attracted various buyers, including first-time home buyers, young professionals, and investors. The tier 2 cities in Golden Ring have also surged in investment, attracting various domestic and international players.
Now, the government also focuses on various policies like PMAY, DDJAY, and Housing For All. initiatives like the Jewar International Airport project have boosted investor confidence. Even the cities have poised to emerge as a lucrative real estate market that comes with mind blowing infrastructure and business-friendly policies.
The Golden Ring has come across as a catalyst for developing tier-2 cities surrounding Delhi NCR transforming them into transforming destinations for real estate investment. These cities around the national capital offer tremendous growth potential thanks to industrialization, and infrastructure development. This seamless connectivity, availability of amenities, affordability, and mind blowing favorable investment climate.