Why properties in Delhi are expensive?

The capital of India, Delhi is a place where people all across the world come to see and live in the diversity and beauty of the city. This makes Delhi a demanding thereby a costly place to live. It is the 8^th most expensive city to live in the world and it is ahead Mumbai Properties of the cities like London and Singapore. People coming from various corners of the world find it very difficult to find a suitable place to stay in Delhi.

Nowadays, many companies are offering luxurious residences for the people to reside which additionally makes living in Delhi more expensive and many a times common man cannot find an affordable and secured place to live.  Actually, financing has Pune Real Estate become very easy in Delhi as most of the Delhites have more than sufficient amount of money with them which is usually achieved as an ancestral property which makes their pockets to overflow money. 

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This makes Property in Delhi easier for them to buy even high priced luxurious homes. The population growth, the non residential Indian’s (NRI’s) investing their Property in Bangalore surplus money in India, desire to own a house, increased job availability, less property taxes to be paid and huge profits made by builders and land owners are some of the main reasons for the increased expensive rates of properties in Delhi.