Commercial Projects in Delhi NCR: A Booming Investment Hub

The National Capital Region, which consists of Delhi and its neighboring cities like Gurgaon, Noida, Ghaziabad, and Faridabad, has nowadays emerged as an important commercial real estate destination. Over the last decade, it experienced phenomenal growth in commercial projects, making it a highly sought-after hub by investors and businesses alike. Delhi NCR remains one of the commercially prime hotspots with a growing economy, increased urbanization, and the infrastructural advancements and thus still remains one of the most sought after destinations. We look into why such is the case, notable commercial projects, and key reasons why investors should entertain this thriving market.

Why Delhi NCR?

Delhi NCR boasts of strategic significance, not only in politics but also in economics. It is the capital of India and, therefore, a hub for many government offices, international organizations, and multi-national corporations. High demand prevails here for commercial places across the sectors of IT, retail, hospitality, and manufacturing.

Reasons to look to forward a commercial project in Delhi NCR:

Strategic Location: Delhi NCR remains well connected with other major Indian as well as global cities. As it is easily accessible and convenient because of proximity to Indira Gandhi International Airport and good highway networks, the city has been comfortably accessible to business establishments.

Infrastructure development: The region has received significant infrastructural investment, especially through the construction of Delhi Metro, the Eastern Peripheral Expressway, and soon the Delhi-Mumbai Expressway, which shall expand connectivity in the region. Such infrastructure investment has well connected businesses and improved the employees' quality of life.

Diverse workforce: With the very large number of qualified professionals, particularly in the IT and finance streams as well as healthcare, Delhi NCR has a ready manpower for almost any business to tap. This diversity in talent and specialization attracts companies cutting across a number of sectors and further fuels office space demand.

Thriving Business Ecosystem: Delhi NCR has emerged as a hub of business over the past few decades. Cities like Gurgaon and Noida have grown for commercial purposes in business parks, corporate offices, and retail centers at lightning speed. This region has many Fortune 500 companies, startups, and multinationals, thereby forming a very strong business ecosystem that develops growth and innovation.

Main Commercial Projects in Delhi NCR

DLF Cyber City, Gurgaon: DLF Cyber City is a very coveted place for the commercial project in Gurgaon. It accommodates a wide range of corporate offices, IT companies, and MNCs. Apart from this, its world-class infrastructures, amenities, and smooth connectivity have become a source of preference for various businesses. The restaurants, shopping complexes, and entertainment centers are very popular here, so it is a very lively spot for professionals.

Raheja The Delhi Mall Complex is a newly launched commercial project by Raheja developers in Patel Nagar/ New Delhi, offers an unparalleled retail experience. With its wide range of retail shops, dining options, and modern amenities, the mall caters to the diverse needs and preferences of shoppers. The added security and trust provided by Mutual Fund further enhance the mall's reputation as a secure and reliable shopping destination. Whether you are a resident of Central Delhi or a visitor to the city, Raheja The Delhi Mall is a must-visit destination for a delightful retail experience.

Migsun Rohini Central, the ultimate commercial Retail space in Rohini, Delhi. Located in Sector 22, this vibrant destination offers a wide range of high street retail shops, a food court, and exciting entertainment options. Whether you're a business owner looking for a prime location or a shopper seeking a unique experience, Migsun Rohini Central has something for everyone.

Omaxe Project Dwarka spans 50.4 acres and is located in Sector 19B Dwarka New Delhi, situated on the Dabri- Gurgaon Road near Welcome Hotel by ITC. The Omaxe State is introducing a world-class Sports Complex commercial project in Delhi under the PPP model with dda. The name of Omaxe dda Project Dwarka is 'THE OMAXE STATE', located at Dwarka Sector 19B. Omaxe DDA shops Dwarka 19B will be a game changer in retail. Investing in Omaxe Mall Sector 19B Dwarka Delhi, the Omaxe Dwarka Project offers the potential for 12% high returns, thanks to its well-rounded development strategy, prime location, and commitment to aesthetics with its modern architecture & an array of iconic brands. Spanned across a large area of 50.4 acres, Omaxe Developer is developing a world-class sports city, a premium commercial complex, clubs, and a 5-star hotel facility with 2500 parking facilities. The sports facility will be operated by a world-class sport management company, club, and hotel will be managed by one of the best hotel brands in the World.

Ambience Corporate Tower, Gurgaon Strategically located along the Delhi-Gurgaon Expressway, Ambience Corporate Tower is a Grade A commercial building that can offer high-end office space and close proximity to airports and other major residential areas, ensuring easy accessibility for both employees and clients.

Investment Opportunities and Future Prospects

Commercial investment in Delhi NCR is highly rewarding. The realty market of the region has always thrown up high returns, especially in cities like Gurgaon and Noida. Commercial real estate in Delhi NCR has these reasons that make it an attractive investment.

The region offers higher rental yields on commercial property compared to residential properties. Rental rates have been increasing steadily in this region with increasing demand for office spaces, thus assuring a steady flow of returns for the investors.

Capital Appreciation: Commercial properties in Delhi NCR appreciate over time. Large multinational corporations will continue to develop infrastructures and create demand for commercial spaces. The value is, therefore bound to appreciate further.

Diversified Market: Delhi NCR has the most diversified portfolio of commercial properties, ranging from corporate parks offering premium office space to high street retail shops, and even coworking spaces. This is what brings even more diversity to projects, allowing investors to zero in on those that best suit their level of risk as well as their investment goals.

Government Initiatives: Currently, what the government has rolled out in the form of policies like RERA and the implementation of GST have added transparency to this sector, thereby making it easier and more secure for investors.

Conclusion

Delhi NCR is witnessing tremendous growth in its commercial real estate market, supported by infrastructure that is robust and strategically located and sustainable business, has created promising opportunities for investors who can expect long-term growth and profitability. With several high-end commercial projects already initiated and continued demand from Indian as well as international businesses, this region promises much for businessmen targeting long-run growth and profitability. With the very fabric of cities changing and increasing in size and importance day after day, Delhi NCR will be one of the most prolific commercial hubs in India in times to come.

Dheeraj Maurya is Seo Executive at Orion Realtors.