Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > What is the right time to buy a house in Delhi?

Loan for Home

What is the right time to buy a house in Delhi?

What is the right time to buy a house in Delhi?

Despite the sluggish growth of the real estate sector, it is estimated to become a $1 trillion strong industry by 2030. Further, it will soon see a huge influx of NRI investments in major cities, such as Delhi, Bengaluru, Ahmedabad, Pune, Chennai, etc. 

What does this mean for the mundane homebuyer? Is it the right time to buy a house in the top metros or should you wait before locking in the money? Buying property is one of the safest investment options today, but while the market may have been marred by slower growth, the rate of the property has inched upwards.

However, even in the backdrop of a steady price rise, Delhi has shown slower growth. This means that compared to other cities, the property prices haven’t risen as much.

If you’re looking to buy a house in Delhi, it’s essential to consider the timing. The recent situation of the real estate sector actually makes it a fantastic time to buy a home in Delhi. Whether you want to dip into your savings or opt for housing finance, if you’re serious about purchasing property, the timing is just right. Read ahead to know why!

First, the slow pace of the sector has left the Delhi-NCR belt with a lot of inventory. Numerous newly constructed houses are up for grabs but don’t have many takers yet. This demand-supply gap has given a considerable price advantage to the buyers who can leverage it to purchase property at a much cheaper rate. Even if the discounted rate seems a little steep, it’s advisable to take a home loan for the purchase as future price corrections can skyrocket the cost of the same property.

Secondly, it’s not just new constructions but pre-owned properties too that are on sale. A lot of Delhi natives park their money in properties purely for the sake of investment.  Since they are eager to offload the investment, the buyers get a stronger negotiation power. Not to mention that their entry in the market increases the number of houses on sale, thereby causing a further increase in supply.

While on the one hand, the real estate sector is currently primed for buyers looking to bag a fantastic deal, the housing finance sector is booming too on the other. Home loans are becoming popular by the day, and with the government’s initiative to incentivize the residential real estate sector, it’s safe to expect up to 19% growth in housing credit.

Taking a home loan in Delhi is a much prudent decision today, despite having the funds available to purchase the house in one go. Not only does this prevent a huge dent in savings, but home loans also offer fantastic tax benefits and improve your creditworthiness. Plus, you get a lot of other benefits if you take a home loan from Tata Capital. To conclude, this is the right time to buy a house in Delhi. With favourable changes in home loan eligibility, investing in your dream home has now become very easy.

Apply For Home Loan

Say Hello to Your New Home with Our Easy Home Loans!

Apply now
Popular Searches
anyror modt charges 712 utara online gujarat pre emi calculator earnest money deposit Goa Land Record earnest money khasra number meebhoomi Assam Land Record
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.