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Wednesday, June 25, 2014

Different types of properties and projects

Nowadays, many people and investors are interested in investing real estate properties as it has become one of the best areas to invest and make huge profits. There are many real estate developers who have expanded their reaches in order to attract more and more customers for their properties. In Delhi and NCR region, you can find best residential property in Ghaziabad, Noida, Faridabad and Gurgaon. But, sometimes people get confused in between the different types of properties. Given below is an overview about different types of properties.
1.  Residential: These properties and projects are the ones that are set up for general public, by giving them a chance of owing one of these houses to make it as their resident where they can live here with their families. In today's time, these properties are in huge demand as many people have migrated to Delhi either to settle or to start their work.
2.  Commercial: These are the properties that are that are available for big institutions and is not easily affordable. Basically, this land or property is used to set up huge institutions such as malls, hospitals, universities, schools etc. There are very few competitors to owe one of these properties as it demands huge investment.
3.  Industrial: These are the properties that are engaged and are used for industrial purposes. Industries are set up that generally generates the products for daily use. In includes manufacturing, packaging of the products like medicines, health care products, to mention a few.
4.  Heavy constructions: These are the projects that are not actually related to land and building but the projects that involves the construction of huge projects. Some of it's examples include construction of roads, dams and bridges. These projects are generally given to big and trusted companies to make such projects successful.

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