/24-7PressRelease/ - October 05, 2007 - Let's take a look at residential properties in Delhi. The housing activity seems to be on high in the South Delhi zone including Vasant Vihar, Shanti Niketan, Westend, Anand Niketan, and Central Delhi.
The prime reason behind increasing popularity of these areas is their strategic location near important locations such as Airport, Embassies and Connaught Place, the most happening place in the Capital. Other areas which have seen high response as far as residential market is concerned include properties in Defense Colony and Panchsheel Park. They are believed to release some pressure of spiraling demand.
Properties in Delhi are attracting large interests from real estate enthusiasts who are bullish on excellent property prospects. The areas such as Defence Colony and Vasant Vihar fall under the category of posh localities. This is mainly because of large presence of foreign embassies and business conglomerates. The demand for rental property in Delhi is going through the roof. Major changes and appreciation can be seen in the segments like luxury apartments in Delhi, condominiums, and villas.
Since there is a significant increase in capital and rental values in Delhi, the investors have to think twice before investing in any deals in the residential real estate market.
The investors are primarily buying properties in Delhi to cash in on rental income. Unlike commercial property, rents in residential segment remain far behind and does not make sense when anyone purchases it at the surprising capital values as existent today.
Making investments in upcoming markets is worth the idea as the cost of buying property is lower and the chances of increase in prices are higher than the saturated markets. Looking at the complete scenario, the markets are moving ahead, ruling out possibilities of any increase in the rental values.
Bikash kumar is the contributing author to the http://www.indianrealtynews.com for distinct articles and news. Indian Realty news provides news on commercial and residential properties of various cities like Delhi, Gurgaon, Mumbai, Chandigarh and Bangalore etc in India along with news on latest property investment, finance and property loan and laws in India.
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