This is how real estate sector will change from G20, Delhi NCR will get maximum boost - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Saturday, September 2, 2023

This is how real estate sector will change from G20, Delhi NCR will get maximum boost

G20 meeting in Delhi may bring a boom in the real estate sector. Self-reliant India is once again trying to increase its strength at the global level after coming out of the Corona epidemic. In India, the most changes are being seen in the real estate sector due to the G20 meeting.

Ever since India has been hosting the G20, its meetings have been held in different cities. Due to which India has also got many benefits. More than 18 meetings of G-20 have taken place since last year. In such a situation, now the G20 meeting is to be held in Delhi on 9-10 September. It is also expected that the Indian economy will be strengthened. Self-reliant India is once again trying to increase its strength at the global level after coming out of the Corona epidemic. In India, the most changes are being seen in the real estate sector due to the G20 meeting. The property sector of Delhi NCR is on top of this list. In such a situation, let us know where and how much benefit is expected.

Boom will come in real estate sector

The G20 summit is expected to focus international attention on India's economy, as top diplomats from the country and abroad will participate in the summit. The G20 summit can have a huge impact on India's real estate sector. Its impact can be maximum on properties in Delhi NCR and international corporate hub Gurugram. This is because the world's big leaders and diplomats will be attending the meeting, then the country's economic strength and development will definitely come in the sight of the foreign guests. This will open many avenues of investment in property in the country.

Property sector got a boost

Nayan Raheja of Raheja Developers says, India's prestige has increased due to the G20 Summit, especially those cities where G20 meetings have been held have benefited more. Now the meeting is to be held in Delhi, there are many premium properties in Delhi. This is expected to provide a significant boost to the luxury real estate segment. High net worth individuals and investors looking for luxury properties and assets may find some respite in their search in Delhi NCR and Gurugram. With its modern infrastructure, international connectivity and excellent business ecosystem, Gurugram is the best option for such investments in luxury realty.

Demand for commercial property may increase

According to Shantanu Gambhir, Managing Director of Rise Infraventures Limited, the demand for business and commercial property may increase. Along with residential property, commercial property is also in great demand in NCR. Due to which the real estate sector can increase in Gurugram.

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