Property for rent in Uttam Nagar Delhi

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.

Delhi Metro's Blue Line will be further extended to Ghaziabad's Mohan Nagar and Sahibabad as the Delhi Metro Rail Corporation has submitted the revised project report to the Ghaziabad Development Authority. At present, the Blue Line terminates at Noida Sector 62 and Vaishali. The proposed plan will benefit the commuters in Ghaziabad to reach central Delhi and Noida directly.

The National Building and Construction Corporation (NBCC) is now accepting applications for its project NBCC Town (Phase-I) in Uttar Pradesh’s Khekra on the Delhi-Saharanpur Highway. The project offers 3BHK apartments at a starting price of Rs 26 lakh while 4BHK apartments could be purchased for a price tag of Rs 44 lakh. Those interested, the last date of submitting your application is March 10. The draw for the scheme will be held on March 17.

On March 20, Phase-III of the Hyderabad Metro became operational connecting two important areas of the city — Ameerpet and Hitec City. The 10-km stretch on the Blue Line, which was flagged off by Governor of Andhra Pradesh and Telangana ESL Narasimhan, will have nine stations — Ameerpet, Madhura Nagar, Yousufguda, Jubilee Hills Road No. 5, Jubilee Hills Checkpost, Peddamma Temple, Madhapur, Durgam Cheruvu, Hitec City.

The elevated corridor under Phase-III of the Delhi Metro spans a length of 9.41 km. It will include eight stations - Shahid Nagar, Raj Bagh, Major Mohit Sharma Rajendra Nagar, Shyam Park, Mohan Nagar, Arthala, Hindon and Shaheed Sthal. The proposed Metro connectivity will not just help Delhi-Ghaziabad commuters skip the congested roads of Uttar Pradesh but also enable faster travel. This will also boost the growth of new residential and commercial properties around the Metro stations, marking a new chapter in Ghaziabad’s growth story.