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Delhi In Future

As Delhi moves ahead from snail-paced traffic hit roads to the fast lanes, the coming up of sprawling malls in the city has also given a new dimension to the shopping and entertainment lifestyle. Delhi with its trend setting achievements is now termed as the most happening city as it moves to transform itself from the WALLED CITY to the WORLD CITY Target 2010.

  • Delhi in the next few years will boast of significantly improved road and transport infrastructure (a six-lane section of National Highway 8 connecting Delhi and Gurgaon is already functional).
  • Bids have been sought for the privatisation of the Delhi airport and with FDI in the sector, are expected to bring in big investments.
  • Delhi infrastructure is going to have major revamping as the city gears up to become a world class venue for the Commonwealth Games, to be held in Delhi in 2010.
  • The current 65 km-long Delhi Metro Rail’s expansion plan calls for more than 400km lines to crisscross the city and extend to the suburbs of Noida and Gurgaon before the 2010 Commonwealth Games are held in the capital. Besides providing convenience of traveling within the city, Metro rail also offers better connectivity with the satellite twin cities of Gurgaon and Noida.
  • With large scale investments in the IT and ITES sector favored by congenial infrastructure and skilled manpower, Delhi is going to be the ultimate destinations for MNCs and Corporates.
  • The hospitality industry in Delhi and the National Capital Region (NCR) is stated to undergo a major revamping as the city has to host business tourist from across the globe in the face of large scale investments. The NCR is expected to see an estimated 27 new hotels, serviced apartments and mixed-use developments with approximately 4,900 rooms in various categories over the next three to four years.
  • Delhi which boasts of impressive infrastructure-malls, commercial spaces, leisure spaces; is expected to have close to a hundred Malls by the year 2010.
Delhi because of its strategic location and impressive infrastructure for investments has also developed into a hot market for real estate investments as it is hyped as a promised land for opportunities for investors and professionals alike. And with job opportunities abounding and burgeoning disposable incomes, luxury residential spaces are the new flavor to this segment.

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