If you are planning to buy a house, then it is very important for you to do a legal check before buying a house in Delhi NCR so that there is no legal problem after buying it.
If you also want to buy a house in Delhi or its adjoining areas. So you have to take care of some important things. Otherwise, you may have to face heavy losses. The prices of houses have increased the most in Gurugram, adjacent to the national capital Delhi. There has been an increase of 13 percent here. There has been an average increase of 9 percent in Bangalore and Delhi NCR. There has been an increase of 7 percent in Noida, 13 percent in Gurugram, 5 percent in Mumbai, 7 percent in Kolkata, 5 percent in Chennai, 8 percent in Pune and more than 10 percent in Hyderabad.
In today's time, building or buying a house has become one of the most difficult tasks. The reason for this is that the prices of the materials from which houses are made ie bricks, bars and cement have increased. Your dream of buying a new home in big cities may take a slight blow, as according to a report, in the year 2022, the price of houses in the country's 8 biggest cities has increased at an average rate of 7 percent. In the first 5 years i.e. from 2016 to 2021, there was no significant increase in the prices of houses and the prices remained stable.
At the same time, the average monthly rent of a flat of 1,000 square feet area has increased by 23 percent since 2019 in 7 cities of the country. Between the years 2019 and 2022, the average monthly rent has been increased by 23 percent in the major housing markets of the country.
Keep these things in mind before taking home
If you are planning to buy a house then it is very important for you to do a legal check before buying a house in Delhi NCR so that there are no legal issues after buying it as these issues will negatively affect the value of your property. Can affect you in a big way, after which you can also suffer heavy losses. Things don't go according to plan after purchase. Hence, there are guidelines that you should follow before buying a plot in Delhi NCR.
Most people live in Noida
People coming from outside cities in search of jobs mostly live in Noida and Greater Noida. Noida has the highest number of people living on rent in every sector. With this, Noida Sector 150 has seen the highest rent increase of 23 percent. The rent in this area was Rs 15,500 in the year 2019, but last year it became Rs 19,000 per month. This means there has been an increase of three thousand rupees in the fare.
Sharp increase in rent
According to sources, in the year 2022, there has been a rapid increase in the rent. During the Corona period, there was a significant decline in rent for two years and only after that the demand for increase in rent has increased in 7 cities. You all know that during the Corona period, all the companies started work from home in the lockdown, after which most of the people went back to their homes or villages, but now all the companies have called back their employees. Is.
Please tell that the demand for rent will continue to increase in 2023 as well. People who are returning back to the city from their hometown or other areas are preferring to rent a house first. They can also consider buying a house later.
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