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Property Rates in Delhi
The national capital city enjoys a special status among other metro cities. It deserves a special mention as well. Delhi is the nerve-centre of all political, commercial and cultural activities. The city preserves its old-world charm, despite being the centre of most modern achievements in India.
Delhi's real estate segment is abuzz with activity, despite its limitations in terms of space. The city offers world class commercial and residential property - be it apartments, retail space, builder floors or independent houses. The city has grown in a radial manner. In the first phase the city centre and surrounding areas witnessed development. Now, the suburban areas are undergoing development. In fact neighbouring regions like Ghaziabad, Noida, Gurgaon and Faridabad have developed into big cities. This comprehensive chart will give you the clear picture of the existing market trends in Delhi and the best areas in the capital to buy or sell the property.
CAPITAL VALUE
LOCALITY Apartment (Rs/sq ft)
Jan-Mar'10 (%) July'10
Central (8) 0 to 10 15000-45000
East (10) 1 to 16 3500-11000
West (12) 2 to 16 3000-9500
North (9) -6 to 12 3500-13000
South (17) -15 to 0 8500-24000
CAPITAL VALUE
LOCALITY Builder Flats (Rs/sq ft)
Jan-Mar'10(%) July'10
Central (8) 0 to 17 9000-42000
East (10) 0 to 18 3000-11000
West (12) -13 to 17 5000-35000
North (9) -22 to 5 10000-37000
South (17) -29 to 24 8200-32000
LOCALITY Plot (Rs/sq yd)
Jan-Mar'10(%) July'10
Central (8) 2 to 6 150000-520000
East (10) -10 to 16 55000-175000
West (12) -22 to 10 100000-240000
North (9) -10 to 16 100000-270000
South (17) -38 to 20 77000-450000
RENTAL VALUE
LOCALITY Apartment 2BHK (Rs/month)
Jan-Mar'10 (%) July'10
Delhi (54)
Central (8) 0 to 21 12000-100000
East (10) -17 to 22 8000-24000
West (12) -20 to 4 5000-26000
North (9) -30 to 2 10000-35000
South (17) -7 to 7 18000-80000
RENTAL VALUE
LOCALITY Builders Flat (Rs/month)
Jan-Mar'10 (%) July'10
Delhi (54)
Central (8) -7 to 24 12000-100000
East (10) -13 to 5 10000-25000
West (12) -15 to 29 10000-34000
North (9) -30 to 19 10000-26000
South (17) -4 to 6 15000-125000
Source : Brix Research
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