Property for Sale in Uttam Nagar

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.

Covering 9.41 km, this Red Line extension will have eight stations — Shaheed Nagar, Raj Bagh, Rajendra Nagar, Shyam Park, Mohan Nagar, Arthala, River Hindon and New bus stand.

Under the rules of the new real estate law, while developers will have to firmly stick to the project completion and delivery dates mentioned in the sale agreement, buyers will have to stick to the timely payment schedule.

Depending upon the location, rents could be as high as Rs 12 lakh per month. Affordable markets like Kharadi are also luring investors, eying rental markets for handsome rental returns.

According to data realeased by the US Geological Survey’s Earth Resources Observation and Science, the temperature recorded in developing localities is up to five degrees more than the rest of the city.