Becoming a resident of India’s capital has its own perks. Yes, it makes a lot of sense to have a home in Delhi. With the city growing by leaps and bounds, Delhi has become famous for its residential localities. Home loans are a preferred way of purchasing a Delhi address.
If you need more convincing, here are the top ten benefits of getting a house in this megapolis.
- Connectivity
If you have a home in Delhi, you have access to connectivity in every form. Indira Gandhi International Airport is the main gateway for the city’s domestic and international air travel. The city’s road network is well-maintained. It also has one of India’s largest bus transport systems. Then, there is Delhi Metro, which allows mass rapid transit and is the lifeline of the city’s urban travel. Explore housing loan options provided by Tata Capital if you are thinking of buying a house in Delhi.
- Renowned medical facilities
Delhi being the capital city of India provides all major types of facilities. It is famous for the All India Institute of Medical Sciences [AIIMS], Delhi is a premier medical school for treatment and research. There are also different top-quality private medical hospitals and nursing homes in and around Delhi, which provide modern healthcare.
- Good property investment
Delhi and the larger NCR provides ample opportunities for real estate investment through homes. For instance, Gurgaon is one of the fastest-growing cities of India. With migrant workforce demand driving the home demand, Delhi allows you to buy a house and hold it over the years to enjoy capital value appreciation.
- Attractive rentals
If you are looking for rental income, a home in Delhi is a good option. Rental can help pay your Home Loan EMI and be a second source of income. When you repay the home loan, you can get full advantage of the rental income. So, consider Tata Capital housing loan schemes if you are looking to buy a house here.
- Multi-cultural hotspot
Delhi’s culture has been influenced by various factors. It is home to people from Punjab, Haryana, Uttar Pradesh, Bengal, Tamil Nadu, Kerala, and increasingly from North-Eastern states. The multi-cultural story makes Delhi a treat for those with a deep interest in literature, fashion, food and performing arts. It has a vibrant culture that embraces people from different parts of India and the world.
- Key economy
Delhi is the largest commercial centre in northern India. With a growing economy, the workforce is looking for good homes at useful locations. Job demand, salary/income growth, and various products & services make Delhi’s economy diversified. Taking a home here gives you the chance to enjoy the fruits of this important economy. Consider a housing loan to do so.
- Close to hill stations, tourist hotspots
Delhi ranks as one of the top 30 most visited cities in the world. It has numerous tourist attractions, both historic and modern. Shopping hubs are in Connaught Place, Chandni Chowk, Sarojini Nagar, Khan Market, and Dilli Haat. Religious sites include Laxminarayan Temple, Gurudwara Bangla Sahib, Lotus Temple, Jama Masjid and ISKCON. It is also located close to many hill stations in nearby states.
- Access to top-quality education
For families wanting to stay in Delhi, education is an important criterion. A home loan can be worthwhile for parents if their children have access to top-quality education. Delhi has famous private schools. It has over 150 colleges, five medical colleges and eight engineering colleges.
- Government amenities
The Delhi government has announced that people living in the capital do not have to pay any amount of their electricity bills if their power consumption does not exceed 200 units. Additionally, there is a one-time waiver of water arrears, which means all categories of houses will receive an exemption from late fee payments. Consider Tata Capital housing loan schemes if you are looking to buy a house here.
- Sports capital
Delhi is a booming sporting hub. It has hosted many major international sporting events such as Asian Games, Hockey World Cup, Commonwealth Games, and Cricket World Cup. Cricket and football are the most popular sports. Buddh International Circuit in Greater Noida also hosted the Formula 1 Indian Grand Prix. This is good news for residents who are sports enthusiasts.