During the period April-June in this current year Delhi and NCR witnessed a jump in housing rentals by almost 12 per cent as compared to last year during the same period. According to the report which surveyed housing rentals of 3 BHK flats the Saket area in south Delhi recorded the highest appreciation by registering an increase of 31%. It was closely followed by other areas like South Extension (24%), Safdarjung (22%) and Malviya Nagar (21%).
According to the Indian real estate report currently the most affordable areas of Delhi for the mid-segment population are Vasant Kunj and Dwarka. Even in East and West Delhi housing rentals have increased by 12% particularly in key areas like Patparganj, Vasundhara Enclave and Mayur Vihar.
In west Delhi there has been a 13% and 8% increase respectively in areas such as Vikaspuri and Janakpuri. The situation is quite the same in central and north Delhi. There is a rise of 8% in rentals in Connaught Place and in Rohini and Pitampura it is 37% and 35% respectively. In the near future rentals in Delhi will further escalate which will become an annual trend as supply has remained more or less stagnant.
According to the Indian real estate report currently the most affordable areas of Delhi for the mid-segment population are Vasant Kunj and Dwarka. Even in East and West Delhi housing rentals have increased by 12% particularly in key areas like Patparganj, Vasundhara Enclave and Mayur Vihar.
In west Delhi there has been a 13% and 8% increase respectively in areas such as Vikaspuri and Janakpuri. The situation is quite the same in central and north Delhi. There is a rise of 8% in rentals in Connaught Place and in Rohini and Pitampura it is 37% and 35% respectively. In the near future rentals in Delhi will further escalate which will become an annual trend as supply has remained more or less stagnant.
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