1 BHK Properties for Sale 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.

The Delhi Metro is constructing a Metro line in Ghaziabad that would connect New Bus Stand with Kashmere Gate ISBT, Rohini via Dilshad Garden. The metro line is expected to get operational by September 2018. The new Metro line will pass through the Sahibabad Industrial Area and will significantly impact the residential areas lying in proximity where the infrastructure is poor.

When the plan gets implemented, all stations would have elevated decks to give more space to passengers. These decks would have ticket-booking offices, foot-over-bridges and skywalks, leading to the platforms. At present, only the Andheri and the Goregaon stations have elevated decks.

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.

After a demolition drive in Asola on March 14 and in Mehrauli on April 12, the South Delhi task force recently carried out a drive in Adhchini. Forty-year-old shops and a room that was found to be encroaching were razed. Not just these places, in March, the Delhi Traffic Police were able to remove encroachments from 32.5 km of roads in the national capital.