The capital city Delhi is one of the desired locations to live for many people. With historical significance, infrastructural development and connectivity Cities like Delhi and Gurgaon both provide rich lifestyles. Check out this article about the comparison between Delhi Vs Gurgaon before investing in a property if you intend to buy a home in one of these cities.
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Delhi vs Gurgaon For Buying Property
Delhi and Gurgaon both are well-developed cities in India which offer a high standard of living to the residents.
Before investing, it is important to decide on different parameters for buying a property. If you are confused between Delhi and Gurgaon, about where to buy and where to invest.
To evaluation of all the parameters before investment, the Delhi Vs Gurgaon comparison is provided below:
Property Rates In Delhi vs Gurgaon
Property Rates In Delhi
Delhi is a Union Territory and the capital of India. Delhi is the metro city and the commuter place for the towns of Ghaziabad, Faridabad, Gurgaon, and Noida in the National Capital Region (NCR).
From the above graph, the average price per sq ft in apartments in Delhi is Rs 8,742 during June 2022. It can be seen that the rates are increasing since October 2021 after the lockdown ended.
The main reason behind increased property rates in Delhi is the increased number of projects and the large number of options available to people.
Property Rates In Gurgaon
Gurgaon is the city of Haryana, and it is situated on the border of Delhi and Haryana.
There has been tremendous development in the economic and demographic situation of Gurgaon.
From the above graph, it can be seen that the average price per sq ft has been increasing from July 2021 till March 2022.
However, after March 2023 the price per sq ft has been already stagnant till June 2023 at Rs 7,485.
The average price per sq ft in Gurgaon is lesser compared to the average price per sq in Delhi due to the development of social infrastructure and standard of living.
Also check out, Latest Property Rates in Delhi 2024
Infrastructure: Delhi vs Gurgaon
Infrastructure in Delhi
Delhi has witnessed major infrastructural changes in the city over the past few years. This has also helped in increasing economic growth.
A few of the infrastructure developments of Delhi in recent years are the following:
- Barapullah Elevated Corridor Project (Phase III)
- Rajasthan Udyog Nagar Project
- Development of the Delhi-Meerut Expressway a length of 8.7 Km in Delhi
- Solid Waste Management Project (Shahdara)
- Water Supply Improvement Scheme
Infrastructure in Gurgaon
The real estate of Gurgaon has helped develop the new areas of Gurgaon. There has been rapid development in the infrastructure situation over the past decades.
The presence of IT, finance, and other major sectors has boosted the residential demand in this city.
A few of the infrastructure developments of Gurgaon in recent years are the following:
- Dwarka-Gurgaon Link Expressway
- NH8 Expressway
- KMP Expressway
- Huda City Centre Metro Station
- Golf Course Road
Connectivity: Delhi vs Gurgaon
Connectivity in Delhi
Delhi is expected to become one of the cities in future with minimum red lights. The infrastructure is developed in a way to reduce traffic issues significantly.
The transport system of Delhi includes metro rail, airports, railways, and roadways.
Delhi Metro is known as the lifeline of the city as it is a well-equipped transport system with hi-tech properties. It is recognised all over the world.
Delhi has a well-maintained National Expressway and Highways which connect to other states.
Major expressways of Delhi are:
- Delhi-Gurgaon-Delhi Expressway
- DND expressway-cum-Flyover
- NH-1, NH-2, NH-8, NH-10 and NH-24
Connectivity in Gurgaon
Gurgaon offers seamless connectivity to major cities. The transport facilities in Gurgaon are rail networks, roadways and airports.
Some of the major connectivity facilities provided in Gurgaon are:
- Indira Gandhi International (IGI) Airport
- NH-48
- IFFCO Chowk Metro Station
- Golf Course Extension Road, Sector 57
Real Estate Projects In Delhi vs Gurgaon Comparison
Real Estate Projects In Delhi
Many well-known developers have developed their projects in Delhi like DLF Limited, Raheja Developers, DGR Homes, Adarsh Homes, Ashiana Housing, and many more.
Names of a few of the well-known buildings are DLF Capital Greens Phase 1 and 2, Karampura, Raheja Vanya, Sec-99A, Aravalli Apartment, Mandi Estate, Project in Guru Guru Hari Kisan Nagar, etc.
Real Estate Projects In Gurgaon
Many well-known developers have developed their projects in Goregaon like Kalpataru Group, Ekta World, Sahajanand Developers, Bali Landmarks, Neminath Group, and many more.
Names of a few of the well-known buildings are DLF The Camellias, Paras Quartier, Trump Towers Gurgaon, M3M Golf Estate, Ansal API Sushant Lok 1, etc.
Also, Check out The Top 10 Posh Areas In Delhi For Buying Property In 2024
Return On Investment Comparison: Delhi vs Gurgaon
Return On Investment in Delhi
There are many emerging locations in Delhi which are going to provide the best return on investment along with the older places in this city.
Neb Sarai, Dwarka Mor, Chattarpur, Uttam Nagar, and Tilak Nagar are a few of the places which provide the best return on investment.
The average price of a property in Delhi is Rs 6.42 crore. The price trend in Delhi is moving upward, hence, it is the best time for you to invest in Delhi properties.
Return On Investment Gurgaon
There are many areas which will yield great ROI in future in Gurgaon like Sector 40 to Sector 100.
The main criteria for people in Goregaon are to live in a premium gated community.
The average price per sq ft has changed from Rs. 4,100-6,000 per sq. ft.
Also check out, Delhi vs Mumbai: Where You Should Invest In A Property?
FAQs
Q1:Where to invest in real estate in Delhi?
Ans: A few areas in Delhi which will have great ROI in future and also provide a better quality of living are Neb Sarai, Dwarka Mor, Chattarpur, Uttam Nagar, and Tilak Nagar. |
Q2: Is Delhi a good place to invest?
Ans: Delhi is a great place to invest because you can have many options for accommodations to choose from, and the connectivity and infrastructure of this city are also very convenient. |
Q3: Is Goregaon a good place to invest?
Ans: Goregaon is a good place to invest in a property because you can enjoy seamless connectivity facilities and infrastructural developments. |
Q4: Where to invest in real estate in Goregaon?
Ans: Few areas in Goregaon which will have great ROI in future and also provide a better quality of living are DLF The Camellias, Paras Quartier, Trump Towers Gurgaon, M3M Golf Estate, Ansal API Sushant Lok 1, etc. |