Properties in Ashok Vihar Delhi

Ashok Vihar tops the charts with 56.5% appreciation in the last one year

Renting is a great option to earn an additional income. Metropolitan cities, including Delhi, assure good rental returns when compared to smaller cities. In the national capital, the annual rental yield saw an increase of around 3.39 percent. The Delhi–Mumbai Industrial Corridor (DMIC) and the Amritsar-Delhi-Kolkata Industrial Corridor (ADKIC) will further have a positive impact on the rental sector in the city. Let's look at the five promising localities that witnessed an increase in rental values over the last few months.

The National Capital Region Transport Corporation is planning to link the Delhi Metro with high-speed railway network that will bring down the travel time between the national capital and the cities that fall under the NCR. The project, which is estimated to cost Rs 1 lakh crore, is expected to cater to over 20 lakh commuters daily. The completion deadline for the project is yet to be finalised.

The Noida authority has decided to impose fines between Rs 500 and Rs 5,000, on those who dispose of waste into the city drains. During an inspection, it was found that of the 14 existing drains in the city, a 17-kilometre irrigation drain from Ashok Nagar in Delhi to Sector 168 near the Yamuna is the worst-affected. The city spends around Rs 140 crore annually on waste disposal, and had been taking some waste management measures with the help of NGOs and RWAs.

To combat pollution in Delhi, the Environment Pollution Control Authority had called for the shut down of polluting industries. The ban has now been lifted owing to “some visible improvement”, said the EPCA. Only those brick kilns that adopt the zigzag kiln technology would be allowed to operate starting April. Despite all the measures, pollution levels remain very high in areas such as Mandir Marg, Punjabi Bagh, R K Puram and Anand Vihar.