India’s real estate sector is unarguably in its worst phase ever. The heydays of investors are over and developers are struggling to sell their flats. In NCR, the situation is worse with thousands of homes lying unsold.

However, even in this downturn, there are some micro-markets in NCR that are slowly but steadily appreciating in terms of capital value along with giving decent rental income. So, if you are looking to invest in a rent-generating property, here are some of the emerging sectors of NCR which are expected to give a bang for your buck.

Top Destinations With Rental Potential: NOIDA

Noida has seen a systematic improvement in social and physical infrastructure in the recent past. Expanding metro connectivity, operational quality schools and colleges, and, growing presence of MNCs has made Noida top choice for many. We did our research and shortlisted few localities for you to choose from. Take a look at the chart below.

Top Destinations With Rental Potential: Gurgaon

The hub of service industry in NCR, Gurgaon region, is also reeling under the pressure. Taking cognizance of the downturn, the state government recently decided to cut circle rate by 15%. Developers are offering discounts and are hoping things will turn around soon. While experts don’t deny Gurgaon’s potential, rental yields here are not in line with the high cost of property in the region and this where Noida takes the cake. Along with Proptiger, we have lined up few Gurgaon sectors which are giving decent rental income and decent annual capital gains. Take a look at the chart below.

Overview

When it comes to infrastructure and connectivity, Noida has an definite edge over Gurgaon. It is also closer to Delhi and boasts of smooth connectivity via road and metro link. Well-laid out roads and constant improvements in infrastructure in Noida are winning over Gurgaon’s crippling roads and traffic snarls. Overall, Noida region is more end-user driven and provides affordable options at various ticket sizes compared to Gurgaon where prices are on the higher side. But no can dispute the fact that Gurgaon is and is expected to remain Fortune 500’s favourite primarily due its proximity to the airport.

Reporter: Chanakya Bhatia, NDTV
Web Editor: Neetika Bajaj, NDTV