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Delhi Property Market, Price Trends, Circle Rates & Tax !

Delhi, the heart throbbing capital of India, is the largest city in the country in terms of area. People from different parts of the country flock this city to make it their permanent home. Its amazing lifestyle, rich heritage, cultural diversity and great employment opportunities attract thousands of migrants every year. And Delhi does embrace each one of them with open arms. This city offers excellent options for education to all the students and also caters to the employment needs of the working class at the same time. With something to serve the needs of everyone, the city definitely has the charm to attract many people and keep them glued as well.

 

Infrastructure & Connectivity
From primary infrastructures like roads, flyovers, universities and healthcare facilities to the more developed sky-high buildings and architectural marvels, Delhi has emerged as the best in terms of infrastructure. Not just that, Delhi boasts of a seamless connectivity within the city and even to the other parts of the country.  Delhi’s lifeline, the Delhi Metro has connected almost every part of the city with its ever-expanding coverage; the DTC bus network and the undisturbed Indian railways being other connecting options. Apart from that Delhi also boasts of housing the country’s largest international airport and several other domestic ones.

 

Demography
Delhi is said to be the second most populous city in the country. Its population was recorded to be 9.8 million in the year 2001 which almost doubled and reached a whopping 16 million in the year 2011. The population density of this city is 11,297 people per square kilometre with a sex ratio of 866 females for every one thousand males.

 

Life Style
The people of Delhi not only work their heart out but also know how to enjoy their life to the fullest. Delhi is known country-wide for its pulsating nightlife and the relishing street food joints. Not just that, one can also find international food chains and the best shopping brands in this city. Whether you are looking for grooving musical fests to dance like no-one’s watching or want to spend quality time in the nature’s lap, Delhi satisfies everybody’s desires.

 

Key localities in Delhi
Over the years, certain localities in Delhi gained more importance as compared to the others due to various factors like better connectivity, increased number of housing projects or availability of other important amenities. Some of these localities have been listed here: Mayur Vihar, Laxmi Nagar, Dwarka, Patparganj, Pitampura, Sunder Nagar, Shanti Niketan, Defense Colony, Chitranjan Park (CR Park), etc.

 

Real Estate Market
The builders in Delhi ensure that the city parallels the world-class infrastructural standards. They deliver projects time and again that not only cater to the increasing property demands but also add to the development of this city. Some of the key builders of Delhi are: DLF Limited, Ansal API, Raheja Developers, Supertech Limited, Parsvnath Developers.

 

Projects in Delhi
There are innumerable future-ready projects in Delhi that are capable of matching the expectations of every client. One can find all sorts of residential as well as commercial Real Estate in Delhi, be it affordable or luxury. Whether you want to invest in super luxurious villas and duplexes or want to buy a budget friendly flat or floor, Delhi Real Estate is filled with endless options for all of you.

 

Govt Projects in Delhi
The Delhi Development Authority or DDA comes up with new and affordable housing schemes time and again. As per the DDA Housing Scheme 2016-17, announced on 18th November 2016, DDA is offering 13,148 different units like Janta, EHS, LIG, MIG and HIG in various location of the Delhi. These government projects help the lower strata of the population to realize their dream of buying a home of their own in an expensive city like Delhi.

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  • Sales Price Trends in Delhi

  • Property Distribution

  • Locality Price Range (Rs./Sq-ft) Average Price
    (Rs./Sq-ft)
    Oct 2017
    vs
    Jan 2018
    Defence Colony 25470 - 36857 31163.5 2%
    Sarvodaya Enclave 19333 - 20370 19851.5 0%
    Safdarjung 14815 - 22222 18518.5 0%
    Sarvpriya Vihar 13135 - 32407 22771 0%
    Vasant Vihar 12750 - 28256 20503 11%
    C R Park 11111 - 24242 17676.5 9%
    Munirka 11000 - 14783 12891.5 4%
    Kalkaji 7000 - 18182 12591 1%
    Mahipalpur 4000 - 5000 4500 1%
    Dwarka 3331 - 10000 6665.5 3%
    • 38% - Apartments / Flats
    • 3% - Bunglow & Villas
    • 4% - Residential Plots
    • 48% - Builder Floor
    • 6% - Independent House
Disclaimer : The Price Trend of different location has been compiled from the asking price of the database of properties listed on RealEstateIndia.com and are not based on the actual transactions. Therefore RealEstateIndia.com does not give any guarantee of the accuracy, reliability and completeness of any information and data should be verified independently.

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