A residential apartment, covering an area of 3,600 sq ft, was leased out in the premium residential precinct of Vasant Vihar in South-West Delhi for a monthly rental value of Rs 3,00,000 per month. The apartment is located on the second floor of an independent residential building. South-West Delhi, including Shanti Niketan, Westend, Anand Niketan and Vasant Vihar, has been commanding average rental value in the range of Rs 2,50,000–4,00,000 per month for high-end apartments (units admeasuring 2,000–4,000 sq ft) and this apartment is well within the range. South-West Delhi has been a preferred location for residence, especially among senior corporate executives, high networth individuals and expatriates. The area is advantageously located within an approachable distance from CBD and SBDs and from Gurgaon — the emerging commercial centre, apart from being close to the national and international airports.
Share and Enjoy:
Related Posts
SERVICE TAX MAY TAKE TOLL ON REALTY <!-- /* Font Definitions */ @font-face {font-family:"Cambria Math"; panose-1:2 4 5 3 5 4 6 3 2 4; mso-font-charset:0; mso-generic-font-family:roman; mso-font-pitch:variable; mso-font-signature:-1610611985 1107304683 0 0 159 0;} @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3...
Jindal group forays into real estate
The Jindal group has diversified into real estate and infrastructure development. It recetly launched its project called Jindal Global Lifestyle City, spread across 89 acres, in Kurukshetra. The Kurukshetra project is located in Sector 29, barely a km away from the national highway.
All basic ser...
Mumbai to lead office space take-up Mumbai and Delhi NCR are expected to absorb about 20-22 per cent of the projected demand for office space during 2010-2012, says a report The year 2009 would be marked in Indian real estate as one of the most difficult periods for the industry in recent times. However, despite the turbulence and unc...
Logix Group launches project in Noida The Logix group, a pioneer developer in IT and business parks, launched its first residential project, Blossom County, in Sector 137, Noida, on Greater Noida Expressway. The Rs 1,200 crore project will comprise over 2,500 two-, three- and four-BHK apartments and penthouses.
Prices start at Rs 24 la...
Is Master Plan 2021 any better? The new Master Plan is for the residents of Delhi and it is for all of us to own it and make it work for us for a better tomorrow
Prof.Dr.P.S.N.Rao
The Master Plan for Delhi (MPD) 2021 was notified in the year 2007. Before this, there were two earlier plans. The question that comes to mind is: wil...
Share with Friends!