Here’s Why Owning A Home Close To The IGI Airport Is The Safest Bet!
July 31, 2018
Real Estate trends in Delhi NCR over the past few years highlight that the availability of an airport in the vicinity of the housing properties has gone a long way in booming the capital value. Here are top three reasons why properties near the airport are in huge demand:
The obvious, location advantage
An apartment in the vicinity of the airport is the biggest advantage as the areas that surround the airports get to enjoy excellent connectivity with the center of the city by well-developed roads, expressways, flyovers, and highways. Also, being linked with the city through 24×7 transport facility, airports offer various employment opportunities. In Gurgaon, for example, the vicinity to Indira Gandhi International Airport and the shortage of the office space in Delhi has led to numerous multinationals setting up their offices in the millennium city, Gurgaon.
Good return on investment
Over the past couple of years, IGI airport has attracted infrastructure initiatives transforming its surroundings into high growth zones. We all know that decent infrastructure leads to the better capital appreciation. This is basically apparent in the case of Gurgaon where all the major developments and world-class infrastructure like the ECC (India’s largest Exhibition cum Convention Centre), Diplomatic Enclave 2, country’s longest Golf Course and international sports complex are coming up within 20-25 min from the Airport. Those who invest in homes close to the airport enjoy price appreciation in future and good rental returns in the present.
Good quality of life
The IGI airport has pushed up real estate development in the neighbouring areas which basically means the region is emerging as a favorable destination for expansion of malls, new retail outlets, highstreets, schools, hotels, restaurants and entertainment zones. This makes for a great quality neighborhood.