| Demand for bungalows and apartments in prime | | | | to the appeal. |
| areas of central and south Delhi is likely to stay | | | | But perhaps the most important reason for the |
| high this year. Corporate executive and | | | | east's popularity is its proximity to most of the |
| expatriates are especially identified as the | | | | happening spots and cultural centres of the capital, |
| segment that would drive the demand for | | | | particularly New Delhi. The monthly rentals for |
| premium housing rental in Delhi. | | | | apartments in areas such as Mayur Vihar vary |
| According to property brokers, South Delhi is | | | | between Rs 5,000 and Rs 45,000, per month. |
| among the most sought-after residential zones. | | | | West Delhi: Not far behind |
| Localities such as Greater Kailash, Saket, Green | | | | West Delhi is also surging ahead in terms of real |
| Park, Malviya Nagar, New Friends Colony, Lajpat | | | | estate development. With the Metro operational in |
| Nagar, Panchsheel Enclave, Hauz Khas and | | | | this part, areas like Karol Bagh, Rajouri Garden, |
| Chitaranjan Park are enjoying tremendous | | | | Paschim Vihar, Punjabi Bagh, Vikaspuri, Janakpuri, |
| demand for rental properties, Rajkumar Raheja, a | | | | Moti Nagar and Dwarka have seen a rise in |
| property consultant told. | | | | demand for residential as well as commercial |
| There is almost no property available for sale | | | | property. |
| here but plenty of apartments and bungalows are | | | | Dwarka is particularly popular as it is well |
| available for rent. The rent is in the range of | | | | connected by the metro and road. Its proximity |
| Rs.10,000 to Rs. 30,000 per month. | | | | to the airport adds to its value. Monthly rentals |
| East Delhi also picks up | | | | for residential units vary between Rs 7,000 and |
| South Delhi may have snob appeal, but the east is | | | | Rs 25,000 per month. |
| where the real action is. Development of the | | | | For more details on Delhi Real Estate, log on to |
| Commonwealth Games Village and the | | | | magicbricks. |
| Akshardham temple complex has further added | | | | |