Tag Archives: Delhi real estate

Map, route, cost, completion date, and most recent updates for the Delhi-Amritsar-Katra Expressway

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The Delhi-Amritsar-Katra Expressway is one of ten expressways that are to be built as part of “Bharatmala Pariyojana.” This 670 km long expressway, a combination of brownfield and greenfield expressways, links the states of Haryana, Punjab, Jammu and Kashmir, and Delhi. Currently an eight-lane access-controlled expressway, its width could eventually increase to four lanes. 

The expressway, which connects Delhi to Vaishno Devi in Katra and the Golden Temple in Amritsar, will facilitate religious tourism. The Ministry of Road Transport and Highways has approved the construction of an additional road connecting the Amarnath shrine. Important Sikh holy sites Tarn Taran, Goindwal Sahib, Khadoor Sahib, and Dera Baba Nanak will all be connected by the expressway. 

The Union Minister predicts that by December 2025, the expressway will probably be accessible to the general public. Permission to link the Delhi-Katra Expressway and the Bahadurgarh Bypass was recently granted by the central government to the Haryana government. 

Let us examine the Delhi-Amritsar-Katra Expressway in more detail, covering its main features, history, route map, current state, and breaking news. 

Project Specifics: Delhi-Katra Expressway 

  • The project was revealed in 2016, and the comprehensive report was completed in 2019. 
  • The expressway will run from the Punjab cities of Gurudaspur and Nakodar to the Bahadurgarh border in Delhi and Katra. 
  • The Greenfield expressway divides in two close to the Punjab town of Nakodar. 
  • The first Greenfield section would end close to Sri Guru Ram Dass Jee International Airport near Amritsar, after passing through Sultanpur Lodhi, Goindwal Sahib, Khadoor Sahib, and TarnTarn. 
  • The Brownfield and Greenfield Expressways are both included in the second section. It avoids Kathua and Jammu and travels directly to Katra. 
  • Around 14,000 acres from Punjab and 5,000 acres from Haryana are anticipated to be purchased. 

Delhi-Katra Expressway: Crucial Details 

The New Delhi-Katra Expressway is a game changer connecting numerous pilgrimage sites in Punjab and Jammu & Kashmir. 

Let us examine some of the Delhi-Katra Expressway’s main features: 

Particulars Facts 
Project Length 670 km 
Start PointJasur Kheri village near Bahadurgarh border, Delhi 
End Point Sri Guru Ram Dass Jee International Airport, Amritsar, Punjab Katra, Jammu & Kashmir 
Lanes 4-lane, expandable to 8 
Operational Date December 2025 
Project Cost Rs 35,000 crore 
Operational Date December 2025 
Status Under construction 

Route: Delhi-Katra Expressway 

Twelve packages are planned for the 397 km long Delhi-Nakodar section’s construction. Three packages will be created to work on the remaining section, the areas between Nakodar and Amritsar. At the Mullanpur Dakha-Kang Sahbu section, this section will merge with the Delhi-Nakodar section. 

Map of the Delhi-Katra Expressway 

The Sri Guru Ram Dass Jee International Airport in Amritsar, Punjab, and Katra, Jammu and Kashmir, mark the beginning and end of the expressway, which begins in the village of Jasaur Kheri, close to the Bahadurgarh border in Delhi. Below is the route map.  

Building of the Delhi-Amritsar-Katra Expressway 

In April 2021, NHAI was awarded the task of constructing the Delhi-Amritsar-Katra. There are two stages to the expressway’s construction:

A greenfield expressway is Phase 1. 

  • Phase 1 includes the 397.7  km Delhi-Nakodar-Gurdaspur segment. This phase has twelve packages, with work currently allocated to each package. 
  • Three packages cover the 99-km Delhi-Katra Expressway stretch between Nakodar and Amritsar; two have already been awarded, and the third package’s tender was released in September 2021. 

Phase 2 expressways will be a combination of brownfield and greenfield areas. 

  • Phase Two’s Gurdaspur-Katra section is broken up into four packages. In September 2021, the technical bid for Phase 2 was started. 

Katra-Delhi Expressway: Shorter commute 

There are currently 669 kilometers separating Delhi and Katra. The expressway will be shortened to 588 km once it is operational. It would take about six hours to complete the route, which currently takes about fourteen. Thanks to the Delhi Amritsar Katra Expressway, the trip from Delhi to Amritsar will take just four hours and cover a distance of only 405 km. There would also be a 2-hour trip from Delhi to Chandigarh. 

The Delhi-Katra Expressway is expected to be finished in two years, or by 2023, according to a September 2021 statement issued by Nitin Gadkari, the Union Minister of Road Transport and Highways. However, there has been a delay in the project’s schedule. By December 2025, the eagerly awaited Delhi-Amritsar-Katra expressway is anticipated to open to traffic. An estimated Rs 47,000 crore will be needed for the project; some of that amount will go toward purchasing land and the remainder towards building. 

Delhi-Amritsar-Katra Expressway: Timeline 

  • A comprehensive project report (DPR) was created in November 2019 for the Delhi-Amritsar Expressway. 
  • A comprehensive project report (DPR) was created in November 2019 for the Delhi-Amritsar-Katra Expressway. 
  • Land acquisition for the project began in January 2020. 
  • June 2020 marked the finalization of the expressway’s route map. Additionally, land acquisition in Punjab started near Sri Guru Ram Das Jee International Airport in Raja Sansi and extended to Kang Sahib Rai Village near Nakodar. Amritsar also has a new Greenfield Expressway added to it. 
  • Land acquisition in some areas of Jammu and Kashmir started in July 2022. The Delhi-Nakoar-Gurdaspur section was given to NHAI for construction in two stages. 
  • August 2022: Prime Minister Narendra Modi laid the expressway’s cornerstone. Between Bahadurgarh and Sangrur sections, the construction work began. 
  • December 2023: The entire expressway will be finished by the end of 2025, though some subsections will open gradually before then. 
  • February 2024: The plan to link Jhajjar, Haryana’s Bahadurgarh Bypass, and the Delhi Katra Expressway has been approved by the Central Government. 

Facilities for the proposed Delhi-Amritsar-Katra Expressway 

  • Bus depots 
  • Truck stops 
  • Food courts 
  • Recreational centers 
  • Trauma Centres
  • Traffic Police Stations
  • Fire Brigades 
  • Ambulance 

Real estate impact of the Delhi Katra Expressway 

In Punjab and Jammu & Kashmir, the Delhi-Amritsar-Katra expressway will pass numerous significant religious sites. The expressway will facilitate travel to numerous significant religious sites. The expressway will facilitate travel to several holy locations, including Tarn Taran, Golden Temple, Vaishno Devi, Goindwal Sahib, Sultanpur Lodhi, and Khadoor Sahib. The tier-2  and tier-3 localities along the expressway route can anticipate a boom in commercial activities, employment, social infrastructure, and real estate because tourism in and around these places will experience a surge. Therefore, the planned expressway will enhance connectivity while creating opportunities for more housing demand and tourism.  

Current Update on the Delhi-Amritsar-Katra Expressway 

The Union Ministry of Road Transport and Highways approved connecting the Delhi-Katra Expressway and the Bahadurgarh Bypass. The Haryana government suggested this connection. Following completion, it will take only four hours to travel from Delhi to Amritsar and roughly six hours to get to Katra. The highway will link up with Jhajjar, Haryana’s Bahadurgarh Bypass. 

NBCC sold commercial real estate in South Delhi for Rs. 1,905 crore

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Public sector organizations have acquired roughly 4.38 lakh square feet, or approximately Rs 1,740 crore, of the total area sold. 

The government has sold 4.8 lakh square feet of commercial space in South Delhi for Rs 1,905 crore, according to state-owned construction company NBCC (India) on Wednesday. 

With the sale of 4.8 lakh square feet of commercial space for Rs 1,905 crore in the 25th e-auction for commercial space at the World Trade  Centre (WTC) in Nauroki Nagar, NBCC achieved the highest sale realization. 

The statement is, “The main organizations that bought space during this e-auction are Power Finance Corporation Ltd, Security Printing and Minting Corporation of India Ltd, and Solar Energy Corporation of India Ltd.” 

Of the total area sold, about 4.38 lakh square feet, or about Rs 1,740 crore in sales value, were sold to public sector units (PSUs). 

Two private organizations and three PSU bidders were among the five successful bidders. 

With a sale value of more than Rs 12,100 crore, NBCC has sold over 30 lakh square feet of commercial space through 25 e-auctions as of this writing. 

The WTC is a notable development that has drawn high-profile purchasers from various sectors.  94% of progress in the physical construction is moving quickly toward completion. 

The World Trade  Center is being rebuilt as a commercial hub, replacing 628 outdated and decaying apartments with approximately 34 lakh square feet of built-up commercial space. 

In various areas of Delhi, DDA provides over 600 apartments at discounts of 15 and 25 percent.

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445 of the 656 apartments for sale are 2 BHK MIG apartments, and 211 are 1BHK LIG apartments. 2 BHK apartments in Narela typically cost between Rs 1 crore and Rs 1.02 crore, but after discounts, these units will only cost between Rs 75 lakh and Rs 87 lakh. 

Registration for the more than 600 apartments in various categories that the Delhi Development Authority (DDA) has floated began on March 14, 2024, according to officials with knowledge of the situation. Prices for the apartments will vary between fifteen and twenty-five percent. 

In addition, the Authority listed 1042 apartments in the lower income group (LIG) and higher income group (HIG) categories for sale at the previous rates. 

According to officials, these two deals are a part of the Diwali Special Housing Scheme 2023, which is currently in progress and will sell apartments gradually. These apartments will be distributed according to the first come, first served (FCFS) rule. 

According to a senior DDA official, the scheme offers flats at discounts of 15 and 25 percent for various categories, including the middle-income group (MIG) and lower-income group (LIG). 

“Narela and Ramgarh Colony, which are close to Jahangirpuri, are the locations of these discounted 2BHK and 1BHK apartments. We are giving the general public a 15 percent discount and all government employees— including those in the federal, state, and local governments, autonomous organizations, PSUs, and DDA— a 25 percent price reduction,” the unnamed official stated. 

The official went on to say that the goal of the action is to increase sales of mid-segment and affordable homes by clearing out inventory. 

445 of the 656 apartments for sale are 2 BHK MIG units, and 211 are 1 BHK LIG units. After a discount, 2 BHK apartments in Narela will be available for between Rs 75 lakh and Rs 87 lakh, compared to their usual price range of Rs 1 crore to Rs 1.02 crore. 

Similarly, the prices of LIG flats range from Rs 15.3 lakh to Rs 16.9 lakh, but after a discount, these flats will be available for Rs 13.1 lakh to Rs 14.5 lakh. 

Furthermore, the 1042 apartments in Jasola, Siraspur, Rohini, and Loknayakpuram will be available at the previous prices. The remaining 1034 apartments in Jasola fall into the 1 BHK LIG category; only 8 HIG flats (3 BHK) are available under the scheme. 

445 of the 656 apartments for sale are 2 BHK MIG units, and 211 are 1 BHK LIG units. 2 BHK apartments in Narela typically cost Rs 1 crore and Rs 1.02 crore, but after discounts, these units will only cost between Rs. 75 lakh and Rs. 87 lakh. 

Similarly, LIG apartments have a price range of Rs 15.3 lakh to Rs 16.9 lakh; however, after a discount, these apartments will only cost Rs 13.1 lakh and Rs 14.5 lakh. 

In addition, the 1042 flats in Jasola, Rohini, Siraspur, and Loknayapuram are available at previous rates. The scheme only offers 8 HIG flats (3 BHK) in Jasola; the remaining 1034 apartments fall into the 1 BHK LIG category.  

These apartments have prices ranging from Rs 14 lakh to Rs 2.18 crore. According to officials, all these apartments are available on an FCFS basis. 

How do real estate prices in Delhi fluctuate?

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You and the owner had a thorough conversation and price negotiation because you were in love with the Delhi property. Now that you have the money, you can finally claim the property as your own. However, did you first familiarize yourself with the different steps that the process entails? Property mutation is one of those crucial tasks that you must finish. Now, let us examine the specifics of Delhi’s property mutation procedure. 

Property mutation is a crucial step in the ownership transfer for several reasons. In addition to proving ownership and guaranteeing that the electricity supply in your apartment is in your name, the mutation document has other uses. Thus, you have come to the correct place if you are seeking details about the mutation process and purchasing a property in Delhi. Read on to learn the complete property mutation process in Delhi. 

Delhi’s Property Mutation Process: A Summary 

Property mutation is transferring a person’s title from one thing to another. It entails updating the land revenue department of the government’s records. It is a crucial step in proving legal ownership and guaranteeing the accuracy of the property’s details in government records. 

A property mutation adds the new owner’s name to the land revenue records and removes the previous owner’s name. This procedure aids in upholding transparency and averting future ownership disputes.   

In India, property mutation usually occurs following the conclusion of the registration process. It entails providing the relevant authorities with the required paperwork, including the sale deed, identifying verification, and address verification. Registering a property and mutating it are two different processes. Property mutation modifies the records to reflect the change in ownership, whereas property registration establishes the legal transfer of ownership.  

The process of property mutation 

Three ideas best describe the significance of property mutation: 

  • Legal validity: The transfer of ownership has a legal effect because of the property mutation. It establishes the new owner’s rights and protects them from disputes and unfounded allegations.  
  • Tax assessment: A mutation facilitates the evaluation of real estate taxes. The authorities can ascertain the precise tax amount by using the most recent market value of the property, thanks to the updated records. 
  • Verification of title: The title documents undergo a thorough review of property mutation. It gives the new owner peace of mind by guaranteeing that the property is free of liens and other legal concerns. 
  • Water and power supply: Only after the mutation finishes are water and power allowed in apartments.  

Documents necessary for Delhi’s property modification process

In Delhi, changing one’s property requires a few different documents. Among these documents are: 

  • Copy of sale deed
  • Copy of the will
  • Copy of the Power of Attorney 
  • Copy of the Succession Certificate 
  •  Identify proof 
  • Encumbrance certificate 
  • Latest property tax receipts 
  • Notification Form A (for transfers of property ownership other than inheritance cases) or B (for transfer of property ownership by inheritance)
  • The mutation application has an Annexure A stamp fee of Rs 3 attached. 
  • Annexe B: Indemnity bond, signed on stamp paper of Rs. 100
  • Affidavit (Annexure C) bearing the names of the present and former owners, attested by a notary. 

How to apply for the Delhi property mutation process 

Applications for property mutations in Delhi are dealt with by the Municipal Corporation of Delhi (MCD). The steps to apply offline for a property mutation in Delhi are as follows: 

Step 1: Assemble all the paperwork required for the property modification. 

Step 2: Pick up an application for a property mutation by going to the MCD office that is closest to you. Fill in the required details accurately. 

Step 3: Fill out the application and mail it, along with the required documentation, to the MCD office. Pay the applicable fees as per the MCD guidelines. 

Step 4: To confirm the property’s ownership and authenticity, MCD officials will check the submitted documentation and possibly conduct an inspection. 

Step 5: The MCD will approve the mutation application if all the paperwork is in order and the title to the asset is confirmed. The official records will reflect the property modification. 

To apply online for a property mutation in Delhi, you must follow these procedures: 

Step 1: Go to the Municipal Corporation of Delhi’s official website and register or log in. 

Step 2: Select the “Online Services” menu item. After entering your ward, colony, or zone, select “Search.”

Step 3: Select “Property tax” after selecting “Pay property tax.”

Sep 4: “Request for transfer UPIC” (Unique Property Identification Code). 

Step 5: Search the property using the UPIC or the mobile number. 

Step 6: After submitting a request for UPIC transfer, upload the required files.  

Step 7: After reviewing and approving the request, the relevant Zonal Authority will make the mutation details accessible on the website. 

How to find out the status of your application for the Delhi property mutation process 

You can quickly and easily check the status of your online application if you recently applied for a property mutation in Delhi. Here’s how to do it: 

Step 1: Visit www.mconline.nic.in, the Municipal Corporation of Delhi’s (MCD) official website, and choose your zone. 

Step 2: Choose the “Emulation Property Tax” section from the “Online Services” menu.  

Step 3: Locate and click the “Application for Emulation” option to continue.

Step 4: Enter the application number and click “Application status.” 

Step 5: After entering the information, view the status of your property mutation application by clicking the “Submit” button. 

You can quickly find out the status of your application for a property mutation in Delhi by following these easy steps. Maintaining a close eye on your application is essential to a seamless process and timely updates.  

Ascertain your legal right as the owner and avoid future disputes by completing the property mutation process on time. Prepare the necessary paperwork and decide whether to continue online or offline.  

All the information you require regarding SUC in real estate taxes

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With initiatives like the Swachh Bharat Abhiyan taking the world by storm, India is looking at more progressive ways to maintain its cleanliness and environmental sustainability. SUC, or Street Waste Management User Charges, is one such program run by the regional government. This article will examine the meaning, objectives, advantages, and modifications of SUC in property taxes. 

Restructuring effective waste management practices has long been a top priority in India. Street Waste Management User Charges, or SUCs, are an efficient solution devised by local municipal or governing bodies to control this expanding issue. However, what is the state of waste management in India’s cities for residential and commercial properties? What prospective homeowners and property owners should know about SUC in Indian property taxes is provided here. 

Property tax SUC: Interpretation 

The charges imposed by the Indian local government for collecting and disposing of waste produced by homes and businesses are known as “usage fees for street waste management.” The purpose of these fees is to guarantee city cleanliness and encourage appropriate waste management practices. 

It is significant to remember that these fees are only applied to waste management services and are not related to property taxes. User fees generate revenue to fund waste collection vehicle maintenance, hire sanitation staff, and carry out waste segregation and recycling programs. 

SUC in real estate taxes: Advantages 

Among the advantages of putting SUC into practice are: 

  • Environmental sustainability: User fees help create a kinder, healthier environment by supporting waste management programs. Effective waste management reduces pollution, halts the spread of disease, and safeguards the environment.  
  • Cost-cutting: Efficient waste management minimizes the workload for municipal governments and lowers the total cost of removing waste. It could lead to lower taxes and more efficient use of public funds for other development projects. 
  • Job creation: A sizable portion of the population can find work in the waste management industry. The money from user fees funds employment in facilities that handle waste treatment, recycling, and collection. 

SUC for real estate taxes: City Specific fees 

In India, different cities have different user fees for managing street waste. Here are a few significant numbers: 

Mumbai 

Depending on the type of property, users in Mumbai are responsible for paying for the management of street waste. For instance, monthly fees for residential properties are approximately Rs 60, whereas commercial property fees are contingent upon the use of the property. 

Delhi 

In Delhi, the built-up area of the property determines the user fees for managing street waste. The MCD states that the monthly cost for residential properties ranges from Rs 50 to Rs 200, and for commercial properties, it can range from Rs 100 for street vendors to Rs 5,000 for clinics, marriage halls, exhibitions, and the like. 

Bangalore 

Bangalore uses a different strategy of user fees for street waste management. Residents of Bangalore pay their user charges combined with their monthly electricity bill instead of choosing a separate user charge. The monthly fee for residential properties ranges from Rs 30 to Rs 500, whereas the cost of commercial properties varies from Rs 75 to Rs 1,200.  

Chennai 

Based on the annual rental value and the purpose of the property, user fees for street waste management vary in Chennai. Monthly fees for residential properties can range from Rs 10 to Rs 100. Commercial or religious buildings (such as temples or wedding halls) can cost anywhere from Rs 300 to Rs 15,000, depending on their intended use. 

It is crucial to remember that these fees could alter depending on the rules set forth by the local municipal corporation. It is best to speak with the relevant municipal corporation or a real estate advisor for the most accurate and current information. 

SUC in real estate taxes: 2016 revision 

The Ministry of Environment, Forests, and Climate Change in India introduced the new Solid Waste Management Rules (SWM) in 2016 in response to the nation’s growing concerns about solid waste management. Unlike the SUC rules, the amended regulations concentrate more on donations that cross municipal boundaries. Among the new regulations’ primary points are: 

  • Separation at the source 

The regulations stress how crucial it is to separate waste at the source. It facilitates material recycling and rescue while also helping in effective waste management. 

  • Processing and handling of waste

The SWM regulations promote the construction of facilities for the processing and treatment of waste. By assisting with the appropriate handling and disposal of waste, these facilities lessen the load on landfills. 

  • Extended producer responsibility (EPR): This encourages manufacturers to adopt eco-friendly packaging and recycling practices. 
  • Waste-to-energy facilities 

Additionally, the rules encourage the construction of waste-to-energy facilities. By converting waste into energy, these plants lessen reliance on fossil fuels and help to maintain a cleaner environment. 

In conclusion, many Indian urban areas that have struggled with waste management have found that introducing user fees for street waste management has been a godsend. In addition to the SUC property tax levies, solid waste management laws have the additional purpose of improving how effectively waste management and disposal. We advise contacting the local municipal authorities to learn more about the expenses and rules governing waste management in your neighborhood. 

Explore Finest Flats in Delhi for Rent: Renting Made Easy

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There are many flats for rent in Delhi, but when looking for your “first apartment,” a few questions arise: which apartment should you choose? Which one best suits my lifestyle? Which flat would be the most accommodating for you?

Choosing how the space will be used and organized is crucial because every flat is alike, and each offers its residents a different experience. Here are many apartment types broken down by size: These suggestions will assist you in selecting your ideal flat for rent in Delhi that will serve as your new residence.

  • Sharing a flat is contrary to doing so in a room! It is similar to a house where several people live together. The use of shared flats is intended to save money on rent. It also enables a company to be run by a single individual, reducing maintenance. Independent workers who frequently travel without their families want this kind of apartment. 
  • Most bachelors favor closed-studio apartments, as the most prevalent type, for their privacy and sense of security. This type of Delhi flat for rent can comfortably accommodate two to three people or one significant other. As a result, it is a long-term option for single bachelors seeking freedom and stability. 
  • Getting an apartment to rent and turning it into an office has become common, if not downright profitable, in the modern world of startups. A shared office is a collaborative work environment where entrepreneurs, consultants, start-ups, and freelancers can work independently, create projects, and projects, and network with coworkers. 

Finding an ideal apartment to rent in Delhi can be challenging at first, but if you concentrate on what you need from this apartment, you will find it easier as you go. Be sure to get consulting from Propertywala. We’re ready to help you find the perfect place to stay.  

Where to move in?

Old Delhi, also known as Purani Dilli, and New Delhi, also known as Nayi Dilli, are the two distinct neighborhoods that make up the capital city. While the congested and winding streets of Old Delhi are well known for their eateries, historical sites, and rich culture, New Delhi offers a fresh alternative. 

Here are a few quick tips if you are wondering where to start looking for a place to stay. 

Locality 

It can be challenging to relocate, especially if you don’t know which neighborhood to choose. Unlike Pune, Delhi offers a wide variety of housing because they are dispersed throughout the city. In most areas of Delhi, there is a high likelihood of pollution and poorer air quality. To ensure your safety, you should purchase an air purifier. 

Try to find a flat, preferably in a gated community or a safe area, closer to your place of employment, even though Delhi has a high cost of living because it is the capital and is close to other states. That will make your commute shorter and cheaper while keeping you safe. 

Amenities 

Take time to walk around and explore the area after choosing a place to stay to get a sense of the neighborhood. If you need anything later, it’s always a good idea to scope out the closest pharmacy or grocery store. Delhi offers all the benefits that come with living in a big city. Make the most of your new city life using apps like BigBasket, Dunzo, and Grofers. 

Delicacies 

Delhi will be a foodie’s paradise if you love to eat! Delhi is like a street food buffet. Delhi’s street food is to die for, with multiple dishes ranging from paranthas at Chandni Chowk to chicken specialties at Purani Dilli, chaats, and spicy momos. Go on, munch away!

Daily commute 

Delhi has an excellent metro system, making getting around the city relatively simple. Delhi’s metro system is reasonably priced and has nearly eliminated the difficulties of using public transportation on the roads. With the metro line expanding each year, there are plenty of options close by if you still need to travel by car. It is easy to locate a DTC bus, an auto rickshaw, or a cycle rickshaw anywhere in the city. 

Before moving in…

Finding an ideal place to live in a new city is harder than adjusting to the work culture of the new workplace. 

Searching for a rental apartment has become a skill a person coming to a new city should learn. So here are a few pointers to keep in mind while searching for a rental accommodation so that you don’t just land a place to crash but rather to live! 

  • Rent: The most essential factor to consider when looking for housing is the rent. 

Always consider your income and the expenses related to the rent, such as the water bill and maintenance. 

  • Water Supply:  Water supply is a serious issue today, particularly in urban areas like Delhi, Bangalore, etc. Landing in a desirable location is useless when there’s no adequate water supply. Water is one of the essential commodities without which we cannot survive; hence, it will do you more harm than good. 
  • Power backup: Lack of access to WiFi, air conditioning, and other amenities can result from power failure. When your boss tells you to leave because you can’t finish the work from home, it can feel like a curse from your landlord and a nightmare. So make sure you have a reliable backup system. 
  • Security deposit: An expensive security deposit is a pain. In cities like Bangalore, you must submit a security deposit as large as the rent ten months in advance. So consider this factor and try to negotiate it as much as possible. 
  • Furnished: High rent, staying in a partially furnished apartment wastes your time and money. Spending a lot of cash on new furniture for your apartments is not a good idea. 

Planning to rent a flat in 

North Delhi 

The National Capital Territory is located in North Delhi, giving it special status as Delhi’s administrative district. The Town Hall, Tis Hazari, and Mutiny Memorial are well-known landmarks in North Delhi, where it has historically been the major tourist destination. North Delhi is home to the Delhi School of Economics and quaint, historic markets like Sadar Bazaar, Khan Market, and the Bazaar. The Delhi School of Economics and charming, old markets like Sadar Bazaar and Khan Market can be found in North Delhi. If you love shopping, there’s something for every budget at Sadar Bazaar. Recommended! Finding a place in Rohini Sector 18/19, GTB Nagar, Model Town, or Kamla Nagar is a deal if you want to relocate here. Because of its level of connectivity and other significant factors, north Delhi also has residential status. 

South Delhi 

Regarding the standard of living in Delhi, the New Delhi Municipal (NDMC) could be the best option, but South Delhi is a close second. Some of Delhi’s best restaurants, nightclubs, and tourist attractions are in South Delhi. South Delhi is the location of all significant properties and housing options, and it is renowned for its quiet neighborhoods and convenient access. Qutub Minar, Humayun’s Tomb, Lotus Temple, and Hauz Khas are other famous landmarks in this area. 

It’s best to look for a place near Malviya Nagar, Rohini (Sector 24), Lajpat Nahar, or Greater Kailash if you’re looking for a place to settle down in South Delhi. Saket and Malviya Nagar due to its proximity to Gurgaon, major city landmarks, and shopping centers. 

East Delhi 

East Delhi, a significant area of Delhi along the Yamuna River, is now a necessary component of Delhi because it houses its administrative and commercial hubs. One of the most upscale residential areas, shopping centers, and elegant restaurants are all located in East Delhi. 

Preet Vihar in East Delhi is a well-liked neighborhood because of its educational institutions and popular hangout spots. If you want to move to East Delhi, several areas have affordable housing options, including Mayur Vihar, Preet Vihar, New Ashok Nagar, and Laxmi Nagar. Mayur Nagar is a highly recommended neighborhood for families and single people due to its proximity to Noida and other essential parts of the city. 

West Delhi 

West Delhi is another option if you’d like to rent a flat in Delhi. Additional security measures are in place because this area is a part of the National Capital Territory of Delhi. West Delhi has excellent access to all of Delhi’s districts and a moderate cost of living. 

This is a fantastic choice because it has many amenities like convenience stores and several restaurants. You can find any type of housing that fits your budget in this area because the cost of living is quite reasonable. As a result of its large neighborhood and selection of low-cost housing. Dwarka is a highly recommended location. Depending on your needs, look at the apartments near Janakpuri, Rajouri Garden, or Tagore Garden. 

Explore Finest Flats in Delhi for Rent: Renting Made Easy

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There are many flats for rent in Delhi, but when looking for your “first apartment,” a few questions arise: which apartment should you choose? Which one best suits my lifestyle? Which flat would be the most accommodating for you?

Choosing how the space will be used and organized is crucial because every flat is alike, and each offers its residents a different experience. Here are many apartment types broken down by size: These suggestions will assist you in selecting your ideal flat for rent in Delhi that will serve as your new residence.

  1. Sharing a flat is contrary to doing so in a room! It is similar to a house where several people live together. The use of shared flats is intended to save money on rent. It also enables a company to be run by a single individual, reducing maintenance. Independent workers who frequently travel without their families want this kind of apartment. 
  2. Most bachelors favor closed-studio apartments, as the most prevalent type, for their privacy and sense of security. This type of Delhi flat for rent can comfortably accommodate two to three people or one significant other. As a result, it is a long-term option for single bachelors seeking freedom and stability. 
  3. Getting an apartment to rent and turning it into an office has become common, if not downright profitable, in the modern world of startups. A shared office is a collaborative work environment where entrepreneurs, consultants, start-ups, and freelancers can work independently, create projects, and projects, and network with coworkers. 

Finding an ideal apartment to rent in Delhi can be challenging at first, but if you concentrate on what you need from this apartment, you will find it easier as you go. Be sure to get consulting from Propertywala. We’re ready to help you find the perfect place to stay.  

Where to move in?

Old Delhi, also known as Purani Dilli, and New Delhi, also known as Nayi Dilli, are the two distinct neighborhoods that make up the capital city. While the congested and winding streets of Old Delhi are well known for their eateries, historical sites, and rich culture, New Delhi offers a fresh alternative. 

Here are a few quick tips if you are wondering where to start looking for a place to stay. 

Locality 

It can be challenging to relocate, especially if you don’t know which neighborhood to choose. Unlike Pune, Delhi offers a wide variety of housing because they are dispersed throughout the city. In most areas of Delhi, there is a high likelihood of pollution and poorer air quality. To ensure your safety, you should purchase an air purifier. 

Try to find a flat, preferably in a gated community or a safe area, closer to your place of employment, even though Delhi has a high cost of living because it is the capital and is close to other states. That will make your commute shorter and cheaper while keeping you safe. 

Amenities 

Take time to walk around and explore the area after choosing a place to stay to get a sense of the neighborhood. If you need anything later, it’s always a good idea to scope out the closest pharmacy or grocery store. Delhi offers all the benefits that come with living in a big city. Make the most of your new city life using apps like BigBasket, Dunzo, and Grofers. 

Delicacies 

Delhi will be a foodie’s paradise if you love to eat! Delhi is like a street food buffet. Delhi’s street food is to die for, with multiple dishes ranging from paranthas at Chandni Chowk to chicken specialties at Purani Dilli, chaats, and spicy momos. Go on, munch away!

Daily commute 

Delhi has an excellent metro system, making getting around the city relatively simple. Delhi’s metro system is reasonably priced and has nearly eliminated the difficulties of using public transportation on the roads. With the metro line expanding each year, there are plenty of options close by if you still need to travel by car. It is easy to locate a DTC bus, an auto rickshaw, or a cycle rickshaw anywhere in the city. 

Before moving in…

Finding an ideal place to live in a new city is harder than adjusting to the work culture of the new workplace. 

Searching for a rental apartment has become a skill a person coming to a new city should learn. So here are a few pointers to keep in mind while searching for a rental accommodation so that you don’t just land a place to crash but rather to live! 

Rent: The most essential factor to consider when looking for housing is the rent. Always consider your income and the expenses related to the rent, such as the water bill and maintenance. 

Water Supply:  Water supply is a serious issue today, particularly in urban areas like Delhi, Bangalore, etc. Landing in a desirable location is useless when there’s no adequate water supply. Water is one of the essential commodities without which we cannot survive; hence, it will do you more harm than good. 

Power backup: Lack of access to WiFi, air conditioning, and other amenities can result from power failure. When your boss tells you to leave because you can’t finish the work from home, it can feel like a curse from your landlord and a nightmare. So make sure you have a reliable backup system. 

Security deposit: An expensive security deposit is a pain. In cities like Bangalore, you must submit a security deposit as large as the rent ten months in advance. So consider this factor and try to negotiate it as much as possible. 

Furnished: High rent, staying in a partially furnished apartment wastes your time and money. Spending a lot of cash on new furniture for your apartments is not a good idea. 

Planning to rent a flat in 

North Delhi 

The National Capital Territory is located in North Delhi, giving it special status as Delhi’s administrative district. The Town Hall, Tis Hazari, and Mutiny Memorial are well-known landmarks in North Delhi, where it has historically been the major tourist destination. North Delhi is home to the Delhi School of Economics and quaint, historic markets like Sadar Bazaar, Khan Market, and the Bazaar. The Delhi School of Economics and charming, old markets like Sadar Bazaar and Khan Market can be found in North Delhi. If you love shopping, there’s something for every budget at Sadar Bazaar. Recommended! Finding a place in Rohini Sector 18/19, GTB Nagar, Model Town, or Kamla Nagar is a deal if you want to relocate here. Because of its level of connectivity and other significant factors, north Delhi also has residential status. 

South Delhi 

Regarding the standard of living in Delhi, the New Delhi Municipal (NDMC) could be the best option, but South Delhi is a close second. Some of Delhi’s best restaurants, nightclubs, and tourist attractions are in South Delhi. South Delhi is the location of all significant properties and housing options, and it is renowned for its quiet neighborhoods and convenient access. Qutub Minar, Humayun’s Tomb, Lotus Temple, and Hauz Khas are other famous landmarks in this area. 

It’s best to look for a place near Malviya Nagar, Rohini (Sector 24), Lajpat Nahar, or Greater Kailash if you’re looking for a place to settle down in South Delhi. Saket and Malviya Nagar due to its proximity to Gurgaon, major city landmarks, and shopping centers. 

East Delhi 

East Delhi, a significant area of Delhi along the Yamuna River, is now a necessary component of Delhi because it houses its administrative and commercial hubs. One of the most upscale residential areas, shopping centers, and elegant restaurants are all located in East Delhi. 

Preet Vihar in East Delhi is a well-liked neighborhood because of its educational institutions and popular hangout spots. If you want to move to East Delhi, several areas have affordable housing options, including Mayur Vihar, Preet Vihar, New Ashok Nagar, and Laxmi Nagar. Mayur Nagar is a highly recommended neighborhood for families and single people due to its proximity to Noida and other essential parts of the city. 

West Delhi 

West Delhi is another option if you’d like to rent a flat in Delhi. Additional security measures are in place because this area is a part of the National Capital Territory of Delhi. West Delhi has excellent access to all of Delhi’s districts and a moderate cost of living. 

This is a fantastic choice because it has many amenities like convenience stores and several restaurants. You can find any type of housing that fits your budget in this area because the cost of living is quite reasonable. As a result of its large neighborhood and selection of low-cost housing. Dwarka is a highly recommended location. Depending on your needs, look at the apartments near Janakpuri, Rajouri Garden, or Tagore Garden.

Why should you invest in Mayur Vihar, Delhi?

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Property in Mayur Vihar Phase 1, Delhi | Real Estate in Mayur Vihar Phase 1, Delhi - Commonfloor.com

Mayur Vihar is one of the posh areas in East Delhi, located on the Delhi-Noida border. The area has always been the homebuyers’ choice due to grand Returns on Investment (ROI), robust connectivity, and mixed residential choice. Propertywala brings the factors why you should invest in Mayur Vihar, Delhi.

Overview of Mayur Vihar, Delhi:

Mayur Vihar is a lavish residential hub, which splits into phases, namely, Phases 1, 2, and 3. The site is close to a sanctuary devoted to peacock conservation in East Delhi. Hence, the name Mayur (peacock) Vihar (dwelling). The development of the area dates back to the late 1970s when the government decided to sell the Delhi Development Authority (DDA) flats to Public Service Units (PSUs) and semi-PSUs such as Bharat Heavy Electricals Limited (BHEL). It was done as an experiment to combine the people of several income groups into one community. Nowadays, different phases in the Mayur Vihar house vary in statistics.

It is also well-connected via public transport and social and civic infrastructure. It has a metro station on the Blue Line of the Delhi Metro. Many government buses also ply. It will be a good decision for residents to invest in minimum price in Mayur Vihar with all the amenities and infrastructure.

The real estate market in Mayur Vihar:

The locality of Mayur Vihar is divided into three phases with different real estate statistics.

Phase 1 ranks at the top: Based on its popularity and is considered the poshest of the three. It is a premium real estate market influenced by 2 BHK residential apartments with average prices. The range of price is between Rs 90 lakh to 1.5 crores. The average price per sq. ft. in the area is over Rs 11,000. A few residential options in Mayur Vihar are builder floors, DDA flats, and cooperative housing societies in Mayur Vihar Phase 1.

Mayur Vihar Phase 2 : It is fairly preferred by investors. It may be helpful for many affordable projects because buyers can get a 2 BHK residential area for as low as Rs 40 lakh up to Rs 1.6 crore.

Mayur Vihar Phase 3: The locality offers enough standalone flats and houses. However, the residential market in phase 3 is slightly less preferred as compared to the other two phases. The locality is majorly famous for its commercial institutions. Get 2 BHKs in this locality between Rs 50 lakh and 1 crore. The per sq. ft. rate of the residential list in Mayur Vihar Phase-3 averages Rs 7,550. Ample flats under the Central and State (DDA) Government’s Housing Schemes are purchasable here.

Inventory share across budget:

Area NameRs 0-50 lakhRs 50 lakh to 1 croreRs 1 – 1.5 croreRs 1.5 to 2 croreMore than Rs 2 crore
Mayur Vihar-113%18%38%18%12%
Mayur Vihar-22%42%33%13%10%
Mayur Vihar-340%48%10%1%0%

Work Area of Mayur Vihar:

Connectivity to work areas is one of the remarkable factors driving the resident and buyer demand in Mayur Vihar. Since the locality borders Noida, the industrial area is around 10 km from Mayur Vihar. Further, the appearance of many technology organizations in Noida, like IBM, TCS, and Genpact, also remains a big point for the residents. People working in cities such as Gurgaon. They also have their house here as the area’s active metro services. It connects it to Gurgaon’s employment hubs via the Pink and Blue lines of the Delhi Metro.

Social amenities and Infrastructure:

In addition, Mayur Vihar is maintained by the New Delhi Municipal Corporation (NDMC), which has worked highly on improving its social and physical infrastructure. So, the given table highlights the infrastructure amenities in Mayur Vihar:

Mayur Vihar is maintained by the New Delhi Municipal Corporation (NDMC), which has worked highly on improving its social and physical infrastructure. The given table highlights the infrastructure amenities in Mayur Vihar:

Amenities Phase 1Phase 2 Phase 3
Hospitals Kukreja Hospital, Manglam Hospital, Apex Citi HospitalLal Bahadur Shastri Hospital, and Apex Citi HospitalMetro Multispeciality Hospital, and ESIC Model Hospital
Metro ConnectivityMayur Vihar Phase 1 metro station connects the Blue and Pink LineEast Vinod Nagar metro station connects to the pink lineTrilokpuri-Sanjay Lake metro station connects to the pink line
Road connectivityNoida Link Road, Delhi-Meerut Expressway and DND FlywayNH-24 connects for easy access to Noida and Greater NoidaIn close to NH-24
SchoolsAhlcon Public School, ASN International School, and Rishabh Public SchoolBal Bhavan Public School, and Mayur Public SchoolRyan International School, Somerville School, and Bharti Public School
Places of InterestAkshardham Temple, Uttara Guruvayurappan TempleSanjay Lake, Neelam Mata MandirAkshardham Temple, Sanjay Lake
Retail HubsGalleria Mall, Star City Mall and the DDA MarketPacific Mall, East Centre Mall And Cross River MallGharoli Market, Pacific Mall and East Delhi Mall
It is around 20 km from the Indira Gandhi International (IGI) Airport and approximately 11 km from the New Delhi Railway Station. Its prime location is the main reason why Mayur Vihar is a popular realty area in the east of Delhi.

Investment Possibilities:

The property rates in the Mayur Vihar have been stable despite the pandemic. Further, the lifted rental demand keeps it popular among investors. The minimum rent for a 2 BHK semi-furnished residential apartment in several phases of Mayur Vihar is in the following ways:

Phase 1Phase 2Phase 3
Rs 24,000 per monthRs 18,000 per monthRs 13,000 per month

At last, the strategic development of the area, balanced returns on investment, and impressive realty choices allow various income groups to invest in Mayur Vihar. All of the above factors make it a promising investment option for buyers who are looking to settle between a calm and green environment and a developed infrastructure.

Home Prices Sees Rise Despite Weak Home Sales

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Home prices in Mumbai rose in the last quarter. Meanwhile the period was noted for lower home sales as well.

MUMBAI: Home sales are down. The real estate market is sluggish. Yet the home prices are not affected by them. It seems that the home prices are not aware of the weak home sales. Continue reading →

Sahara Grabs another Piece of Bangalore Land for Rs.149 Cr

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With the plan to construct a commercial and hotel project in Bangalore, Sahara has bought a plot here at a price of Rs.149 Cr.

BANGALORE: Even when the group is stepping on hot live-coals spread by the Securities and Exchange Board of India, and the order of Supreme Court, Sahara has no change, no fear. Continue reading →

DDA fails to complete flats, flat owners protest

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Showing dissent over the Delhi Development Authority (DDA) which failed to complete DDA flats, flat owners held a protest recently in Mukherjee Nagar.

DDA flats incomplete, complain the flat owners

DDA flats incomplete, complain the flat owners.

Some flat owners, who had moved to ‘incomplete’ DDA flats in Mukherjee Nagar, held a protest against the Delhi Development Authority. They alleged that flats, which were developed under the 2010 housing scheme of DDA, have not yet been completed.

They remain fed up with the Delhi Development Authority which allegedly had not heeded the pleas of the flat owners.

The flat owners have been running from pillar to post with their pleas. However their repeated pleas remained unanswered by the authority officials. Despite their repeated pleas, DDA remained undisturbed till they conducted a protest recently.

Flat owners alleged that the DDA Officials have not yet taken any action to complete the flats. The accusers added that the authority has failed miserably to console the grieving flat owners. Continue reading →

Hot Investment Destinations in the Delhi NCR

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Offering higher returns to the investors, properties in Delhi NCR remain one of the most sought after options of investment. Investors in the Delhi NCR are keen to invest even on residential plots as well.

Investment in Delhi NCR properties increases.

Investment in Delhi NCR properties increases as it offers better returns to the investors.

Delhi NCR is one of the top real estate investment destinations in India. The city offers higher returns to the investors and so there are many investors who remain keen to invest in the properties in this region.

According to a recent survey, nearly one-fourth of the property investors are attracted to Delhi NCR which is second hotter destination after Mumbai. The area offers around 90% of returns to the investors.

Among the investment options in the Delhi NCR, Dwarka Expressway Corridor is the best and most sought after real estate investment destination. The area’s growth is well-supported by the infrastructure development and the location advantages. Continue reading →

HC Asks DDA To Probe into the Illegality of Plot-Deals

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Delhi Development Authority (DDA) is asked by the Delhi High Court to probe into illegal residential land dealings including the sale and purchase.

DDA To investigate into the illegality of land deals in the city.

DDA To investigate into the illegality of land deals in the city.

Today Delhi High Court ordered the vice chairman of  DDA (Delhi Development Authority), to probe into the illegal dealings of residential plots in the city.

Delhi Development Authority bench headed by Chief Justice D Murugesan; showing inclination to the PIL filed in this regard, ordered the Vice-Chairman of the DDA to look into the matter efficiently and effectively. The HC Bench consisting Justice V K Jain, said that the petition is passed to DDA which will look into the matter seriously.

The residential plots; which are allotted under the scheme of large-scale acquirement, development and selling of land, are illegally sold and purchased in the city. Continue reading →

DDA Plans Reconstruction Of Dangerous Houses

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Increasing incidents of building collapse prompt Delhi Development Authority (DDA) to reconstruct dangerous and unsafe buildings in the city. However DDA’s plans of reconstruction are dependent on building owners whose consent is necessary for the reconstruction.

DDA proposes a reconstruction of unsafe buildings

DDA proposes a reconstruction of unsafe buildings

Recently Disaster Management Authority conducted a survey on unsafe buildings in the National Capital. Using the survey a team of experts have focused five areas of the city where many buildings are identified as dangerous and unsafe. The team proposed to the DDA that the buildings in these areas have to be renovated or totally reconstructed.

The proposal has already been approved, though only in-principle, by an LG – headed DDA meeting. However the financial matters are to be worked out. Fatehpur Beri, Gandhi Nagar, Kondli, Lal Kuan and Lalita Park are the five areas which have been selected for the reconstruction of unsafe houses. These areas have witnessed a number of building collapses recently. Continue reading →

Mumbai & Delhi; Top The List Of World’s Cheapest Cities

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A recent survey reports that Mumbai and Delhi are included among World’s cheapest cities. Mumbai shared the top-spot with Karachi; while Delhi stood third.

According to a survey; recently conducted by Economist Intelligence Unit, top Indian cities Delhi and Mumbai have found place among world’s cheapest cities.

Mumbai tops the list of all least expensive cities of the world.

Mumbai tops the list of all least expensive cities of the world.

Mumbai and Karachi; the financial capitals of India and Pakistan respectively, topped the list of the cheapest cities of the world. They were followed by the Indian Capital city New Delhi which was ranked third. Algiers, the Capital of Algeria and the Capital of Nepal Kathmandu were the other two world cities included in the top five cheapest cities of the world.

Recently Economist Intelligence Unit conducted a survey among world’s top 131 cities. The survey was based on the cost of living. The cost of living was decided on the prices of over 160 items. The list of the items included the transport-fares, utility service charges, and expenses on food and clothing.

Continue reading →

Delhi Real Estate Refocused: DLF Sells Aman Hotel Shares

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India’s largest real estate company DLF has plans to develop some properties in Delhi real estate. With this aim the real estate major has sold its stakes in Aman Hotel.

Delhi Real Estate for what DLF Sellsits shares in Aman Hotel.

DLF Sells Aman Hotel Shares with the plan to refocus on properties in Delhi Real Estate. (pic. of DLF Bella Greens Bangalore): Delhi Real Estate can expect more like this.

By selling its stakes in the Aman Luxury hotel, Real estate major aims to cover up its debt. Furthermore it has plans to develop some projects in Delhi real estate. Within a period of next three to four months’ time Delhi real estate will be able to witness some new DLF projects. Continue reading →

Surging Prices Pulls Down Residential Sales

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Unaffordability created by the surging prices inversely affected the residential sales. Most of the top cities are affected by fall in demand and residential sales.

Residential Sales Faces Trouble

Residential Sales Faces Trouble Mainly from Surging Prices

Real estate builders normally foster residential sales by granting discounts. This is not seen in the present real estate situation. The real estate builders seem not willing to lower the prices at any cost. They point to the increased cost of production. Continue reading →

Government’s Surplus Land Selling Boosts Real Estate

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The higher financial stress of the Government makes them think of selling or leasing of the surplus land. This will provide more land for construction in metropolitan cities like Delhi, Kolkata, Mumbai and other such notable cities of India.The decision will boost the real estate growth. Realty firms are sure to cast their hawk’s eye on this land and make the profit out of it. Continue reading →