House/Villas for sale in Greater kailash 1 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.

After the first trial run that was conducted in April between Greater Noida Depot and Sector 147, the second set of runs began on July 25. The trial run is now being conducted between Noida Sector 83 and Greater Noida Metro Depot. The project being developed by the Noida Metro Rail Corporation (NMRC) at an estimated cost of Rs 5,503 crore, is expected to become operational in December this year.

Authorities in Noida have already upped the ante against builders, responsible for causing real estate mischief in once the poster boy of affordable realty, Noida property market. It is known for entirely different reasons today. The Shahberi building collapse tragedy of July 17 that took nine lives and affected scores of other lives has triggered a reaction from authorities which buyers only wished for while offenders escaped so far, somehow.

The Noida Authority plans to invest Rs 1,500 crore in 19 different developmental projects in the city. Besides, efforts are being undertaken to ensure energy and water consumption in Noida. Meanwhile, Noida’s residential welfare authorities have been protesting against the inefficacy of workers hired by the Authority who are on regular strikes resulting in poor civic conditions in the Authority’s jurisdiction.

A joint study by Makaan.com and Housing.com revealed that on an average, Indians are looking at a property that is at least 1,300 sqf in size. While Delhi and Mumbai are asking for smaller homes, Hyderabad and Gurgaon property buyers are among those who want spacious abodes.