3 BHK House/Villa for Rent 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.

Over 22,000 homebuyers, who had not received the Rs 2.5-lakh subsidy under the PMAY Scheme in Noida and Greater Noida, can now avail of it. Now those homebuyers who earn up to Rs 18 lakh annually and have bought the property under the scheme after January 2017, will soon see the subsidy reflect in their bank accounts.

Lack of public transportation has for long had an impact on the property prices in Noida and Greater Noida. However, the upcoming Metro links will change the real estate landscape of these twin cities and boost property prices. Trial runs on the 30-kilometre Aqua Line in Noida will begin from April 15 — a route that will originate from Sector 71 and terminate at Delta Depot Station in Greater Noida. Many commercial markets in Noida as Sector 60, 61, 62, 63, SEZs and Noida-Greater Noida Expressway will witness real estate growth. Housing opportunities and rental demand are also set to rise in Noida.

After a year-long ban on real estate construction in Greater Mumbai, the Supreme Court (SC) has finally allowed construction of new projects for the next six months. The order has come as a big relief for the developers in the city as projects worth Rs 2,000 crore were stuck since March 2016, owing to the order.

In order to provide ease of commuting, the Delhi Metro is going to build seven subways along the Magenta Line near the Outer Ring Road. The plan is to build seven underpasses for pedestrians at Munirka, RK Puram, IIT, Panchsheel Park, Chirag Delhi, Greater Kailash and Nehru Enclave. These subways will be operational by mid-April. Through their multiple exits and entry points, these subways would help non-Metro travellers, too.