2 BHK Flats for sale in New Ashok 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 Union Cabinet on March 7 approved Phase-IV of the Delhi Metro, paving the way for the construction of three new corridors, including the Mukundpur-Maujpur corridor, the RK Ashram-Janakpuri West corridor and the Aero City-Tughlakabad corridor. The combined length of these corridors will be 61.679 kilometre, spanning 46 Metro stations, 17 underground and 29 elevated. To be constructed at an estimated cost of Rs 25,000 crore, the three corridors take the Metro deeper into the national capital, improving connectivity while at the same time reducing traffic congestion.

If cutting down travel time is the key motive for a property seeker in Mumbai, which is notorious for its traffic jams, he should seriously consider Andheri East. This locality offers an equal mix of commercial and residential properties. Also, it has emerged as an affordable housing market in an otherwise-expensive property market.

Delhi Metro has speed up the work on Grey Line corridor that would connect Dwarka with Najafgarh and has started the trial run on the route. The construction work on the 4.29-km section of the Delhi Metro has been completed and the passenger services on the stretch are expected to start in September.

A government-appointed expert panel has cleared the decks for the redevelopment of three housing projects in south Delhi work on which was stuck owing to tree-felling issues. The expert appraisal committee (EAC) of the ministry of environment, forests and climate change has cleared the revised housing projects in Sarojini Nagar, Netaji Nagar and Kasturba Nagar colonies.