Explore Finest Flats in Delhi for Rent: Renting Made Easy

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

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?

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

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

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

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

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

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

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

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

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

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

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