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