Gone are the days when people used to invest in fixed deposits, savings accounts or even the insurance plans. Due to the boom in the real estate sector in major metropolitan cities of India, real estate has become the darling of everyone’s eyes and people are investing heavily as they see it as a safe bet for the future as well as for present consumption. The large scale of development that is going on in the cities has made it possible for people to buy flat in Delhi and at rates which are as per the market and on an upward trend. In such people, the most prominent ones are the politicians, actors, celebrities and more recently, cricketers. Also you can find Bhusan Kumar’s luxurious home in Delhi.
The latest addition in the list of cricketers who have opted to buy flats in prime locations in metros is the name of Virender Sehwag who has recently bought himself and his family a mansion in Hauz Khas area of Delhi. The area is one of the priciest locations in the city and the cricketer has invested a fortune in buying the house in Delhi. It is one of the most sought after locations and the market rates touch several thousand rupees per square feet, which is within the reach only for the people who have heavy pockets. The house is among one of the best properties that Virender Sehwag has in his kitty and will be the permanent residence of the cricketer in some days’ time.
The property is located in the hub of Delhi’s night life and party arena and people from all over Delhi come here to spend the weekends. It is due to this traffic that property buyers want to own a piece in this hub and the rates are so steep. If there is one area where it is difficult to buy property in Delhi, it is this. And now Sehwag has managed to own a house in this location is nothing short of a miracle for many who have been trying to find a suitable one for many years. The flat will be the residence for his and his family.
The area is well connected to the rest of Delhi by a good network of roads and metro rail. Even after being at the center of Delhi, it is located at a very suitable and convenient location which is much away from the traffic and pollution of Delhi. Furthermore, the connectivity of the area with the airport makes it a big plus for the cricketer to buy the house in Delhi’s this area as the frequent trips can be done without any extra hassles.
Off late, the real estate sector has become the hottest area for investment in the metros and many top celebrities are also showing a lot of interest in owning a piece of this growing balloon. It is just a matter of time before other cricketers follow suit and it won’t come as a surprise if one of them owns another piece of land in the same area itself.