It houses many
government buildings and embassies, apart from places of historical interest
and tourist attractions. Various Multi National Companies have set up
their businesses here. Industrial sector is growing tremendously and all this
is resulting in increasing employment opportunities. Because of this, people
are moving to Delhi from all over India.
Many renowned real estate developers
like Ansal Properties, DLF and Unitech have played a prime role in shaping the
real estate market of Delhi. The posh localities of Delhi have experienced a
lot of growth in the real estate sector. Property rates keep swinging and
builders and developers invest here in high amounts and build luxurious homes,
flats, apartments, commercial malls, shopping malls, world-class theatres etc.
Real estate company in Jamshedpur prices in Delhi are on
an upswing, for both commercial and residential plots. A huge number of malls,
shopping complexes, corporate spaces have been built and many more are under
construction. Delhi's real estate market is on its way up due to the
developments in and around Delhi.
Property values in Delhi vary
considerably depending on the area and location. For example, the monthly
rental value of a 2 bedroom flat in a good locality such as Greater Kailash
varies from Rs 25000-50000 per month, whereas in Rohini, the rent varies from
Rs 6000-12000 per month.
However, due to the current
recession customers are no longer ready to pay the high prices that property
all over Delhi command. Due to which number of transactions Properties in Jamshedpur happening in the
city have considerably gone down. But Delhi properties are high on everyone's
preference list.
Talking about commercial real estate
in Delhi the prices are dropping. According to Delhi real estate agents the
retail and office rental prices have dropped. During the last two months, in
Saket (south Delhi), the rates have dropped by 30-35 per cent.
However, support infrastructure like
the Expressway, residential integrated townships, knowledge parks,
proposed international airport and railways and the providing connectivity
to the region is expanding the Delhi real estate market far beyond the
borders of the city.
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