Delhi NCR Insite Report Oct-Dec 2015

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Delhi NCR Insite Report_Oct-Dec 2015

City Highlights

Proving naysayers correct, the stagnancy in the real estate terrain of the National Capital Region (NCR) in Jul-Sep 2015 gave way to a depression in Oct-Dec 2015, albeit minimal. Infrastructural and civic enhancements continued with the same gusto in hopes that unsold inventory will dry out steadily and capital values will firm up soon.

  • Price Index_Delhi NCR Insite Report_Oct-Dec 2015While average property values of the NCR slid by a per cent in Oct-Dec 2015 as compared to the preceding quarter, the rental market advanced by two per cent, revealed a year-on-year analysis.
  • The Cabinet’s approval of 20 amendments in the Real Estate (Regulation and Development) Bill, 2013 is expected to boost project deliveries, improve the regulatory environment of the country, while promoting organised growth of the sector.
  • Reduction of land conversion rate in Noida from 25 per cent to 10 per cent, after the approval of mixed land use policy is expected to have a positive bearing on the market.
  • With the Yamuna Expressway Industrial Development Authority (YEIDA) hiking allotment rates between five per cent and 20 per cent, properties in the region will get dearer from January 01, 2016 onward.
  • Greater Noida is witnessing a slew of project launches in the affordable price bracket, with Noida Extension taking the lead.
  • As a result of improving connectivity to the NCR, Dharuhera in Haryana, and Bhiwadi and Neemrana in Rajasthan are emerging as affordable residential alternatives to the more expensive counterparts of Noida and Gurgaon.
  • Developers capitalised on the slump period to acquire land parcels and launch big ticket projects in a bid to increase market share.
  • An assortment of upcoming infrastructure projects such as the Delhi-Mumbai Industrial Corridor (DMIC), Western Peripheral Expressway, High-speed Regional Rail Transport System, broadening of NH-24 and the proposed ones, which include Bhiwadi airport and Jewar airport in Greater Noida have managed keeping hopes of real estate recovery alive.

Key influencers_Delhi NCR Insite Report_Oct-Dec 2015

North, South, East, West and Dwarka

Capital Analysis

  • Top performers capital values_Delhi NCR Insite Report_Oct-Dec 2015Although the capital graphs of Dwarka, North and South Delhi continued to spiral down by a per cent from preceding quarter to Oct-Dec 2015, the market can be called ‘stable’. Delhi’s market is going through the ‘bottom consolidation’ phase, which will take around 3-5 months to complete.
  • The slump in the market was reflected in East and West Delhi, which had scored a two per cent growth each, in Jul-Sep 2015. The areas witnessed capital prices plunging by three per cent each, in Oct-Dec 2015.
  • The locales catering to the mid-housing segment saw a surge in capital values. To this end, Sector-18 Rohini was the highest gainer, clocking nine per cent quarterly growth. The positive sentiments in Rohini may be attributed to the opening of the 4.4 km extension of the elevated metro corridor between Jahangirpuri and Badli.
  • North Delhi’s Azadpur, where property prices rose to the tune of four per cent in Oct-Dec 2015, witnessed the inauguration of Azadpur-Prembari elevated road, spanning 1.6 km. This corridor is expected to decongest Ashok Vihar and Shalimar Bagh, while allowing unhindered flow of traffic along the Ring Road.
  • Delhi’s realty can receive some respite if the Municipal Corporation of Delhi (MCD) approves of the One Acre Farm concept. This involves dividing one acre of farmland into three units. If this is approved, areas that house the maximum farm houses in the city – Chattarpur, Rajouri, Jasola and Vasant Vihar – would see growth.

Rental Analysis

  • Top performers rental values_Delhi NCR Insite Report_Oct-Dec 2015Unlike the capital market, the rental landscape of the zone saw a negligible growth of two per cent in 2015, as compared to 2014. While localities in West Delhi and Dwarka witnessed a surge of five per cent each in rental rates, North and South Delhi averaged two per cent growth each, year-on-year.
  • The nominal growth in the rental market can be attributed to the stagnancy in the capital landscape. Usually rents are 10-30 per cent of the value of the property. Since the capital values plateaued, rental rates failed to grow even on an annual scorecard (Oct-Dec 2015 as against Oct-Dec 2014).
  • Patel Nagar continued holding its position as a prime rental locality in West Delhi, bagging 14 per cent growth in yearly rentals. The escalating values can be credited to its connectivity via Delhi metro and the refurbishment of four roads spanning 1,260 km with one of the stretches being between Patel Nagar and Moti Nagar Chowk.
  • Patel Nagar was followed closely by Green Park in South Delhi, which witnessed a 13 per cent rise in average rental rates between Oct-Dec 2014 and 2015.
  • Values rose to the tune of eight per cent in certain pockets of Dwarka, such as sectors 2, 4, 18 and 19, which cater to professionals working in Gurgaon. The Dwarka sub-city boasts of a robust metro network, connecting the localities here to the rest of the city and also enjoys good road connectivity with Gurgaon and the Indira Gandhi International airport.

Noida and Greater Noida

Capital Analysis

  • Top performers capital values_Noida and Greater Noida Insite Report_Oct-Dec 2015The steadily expanding metro network from Noida to Greater Noida and the burgeoning commercial segment failed to adequately uplift the dipping capital values. While the average rates in Greater Noida remained stagnant, values in Noida declined by two per cent between the last two quarters.
  • Localities from Greater Noida bagged six positions out of the top 10 performers’ list in the zone. Techzone-4, Sector Chi and Surajpur led the market with five per cent quarterly appreciation in property prices.
  • The industrial belt of Surajpur is drawing footfalls from its proposed connectivity to the DMIC via Budokai, which might soon boast of a direct metro connectivity to the Indira Gandhi International Airport.
  • In Noida’s capital landscape, the industrial-commercial hub of Sector 63 was the highest grosser with three per cent growth in average capital values. Sectors 25 and 135, both clocked two per cent growth this quarter.
  • While possession of several residential towers is a growth catalyst for Sector 135, the locality designed for the armed forces, Sector 25, is deriving its popularity from the fast-paced development of Wave City Centre.
  • Increase in circle rates, which translated into higher property registration cost, adversely impacted sectors 137, 142, 144, 150, 152 and 168 in Noida.
  • The comparatively affordable address, Noida Extension (Greater Noida West), continues to be mired in disputes, despite over 20,000 units awaiting delivery.

Rental Analysis

  • Top performers rental values_Noida and Greater Noida Insite Report_Oct-Dec 2015The rental landscape of Greater Noida delineated a positive growth of two per cent in Oct-Dec 2015, as compared to the preceding year. Noida, on the other hand, witnessed an dip of one per cent during the time span, albeit inconspicuous.
  • Despite the flagging sentiments in the city, certain pockets of Noida scored well on the rental graph, including Sector 37, which was the highest gainer, witnessing 13 per cent hike in rental rates. Other sectors such as 25, 28, 44 and 48 saw values rising by six to seven per cent each.
  • Self-sufficient social infrastructure and proximity to the Botanical Garden metro station buoyed rental values in sectors 25, 28 and 37.
  • Sector 45 owes its popularity as a residential locality to its strategic location near the Mahamaya flyover. By virtue of being the first sector on the expressway, it has several projects by reputed builders.
  • Sector Pi, Pi-II and Phi-II in Greater Noida boasted of a surge of 13 per cent in rental rates between Oct-Dec 2014 and Oct-Dec 2015. This area is expected to witness excellent road connectivity to Noida, Faridabad via metro and link road.
  • Although the capital market of Pari Chowk slumped by two per cent, the rental graph projected a decisive uptrend of 11 per cent, year-on-year. Direct connectivity to Botanical Garden metro station and increase in property valuation due to the popularity of the Jaypee Greens project have driven rental values in this locality.

Ghaziabad

Capital Analysis

  • Top performers capital values_Ghaziabad Insite Report_Oct-Dec 2015After recording a stagnancy in capital values in the Jul-Sep quarter, the capital graph of Ghaziabad dropped by a per cent in Oct-Dec 2015. This was attributed to the inadequate road and civic infrastructure, especially an obsolete sewage network, which was laid 25 years ago. Others factors responsible for the decline include long pending infrastructure projects such as metro route from Dilshad Garden to New Bus Stand on the Hapur Road and the expansion of National Highway 24 (NH-24) from Dasna to Ghaziabad Gate.
  • Although property registrations in Ghaziabad declined by 50 per cent in the last one year, there are certain micro-markets which performed well as a result of infrastructural growth and proximity to the industrial belt of Noida.
  • Owing to the construction of the Barapulla Elevated Corridor, which will connect Siddhartha Vihar directly to Noida and certain pockets of South Delhi, the locality saw prices rising by four per cent in Oct-Dec 2015, as compared to the preceding quarter.
  • The capital market of Raj Nagar Extension inched up by a per cent owing to its connectivity to NH-24. The highway is the harbinger of good news for the zone as work to widen the Hapur stretch to 14 lanes commenced in December 2015. Prices in the nearby region have thus risen by three per cent, quarter-on-quarter.
  • Certain pockets of Vaishali (sectors 1 and 9) clocked an average capital hike of two per cent each, between the third and fourth quarter of 2015. The locality enjoys excellent connectivity to rest of the Delhi NCR through the Dwarka-Vaishali metro route and proximity to Anand Vihar Railway Station and Inter State Bus Terminal.

Rental Analysis

  • Top performers rental values_Ghaziabad Insite Report_Oct-Dec 2015Replicating last quarter’s performance on the annual rental chart, Ghaziabad continued to witness a downtrend in Oct-Dec 2015 as compared to 2014. However, this quarter, rental values dipped by two per cent as opposed to four per cent in Jul-Sep 2015.
  • Almost 60 per cent of the tracked localities saw rental values plateauing, while over 25 per cent faced depreciation during this time frame.
  • A year-on-year analysis revealed that only two localities – Vaishali and Ahinsa Khand 1 in Indirapuram– recorded a surge in rental values by eight per cent each, owing to their popularity among the working professionals of Noida. Furthermore, internal roads in and around sectors 2 and 4 in Vaishali, were strengthened and streetlights on the main road of Sector 5 were repaired.
  • Oversupply of properties as well as inconveniences faced by commuters due to the frequent traffic glitches slayed Raj Nagar Extension’s rental market and led rates to plunge by 13 per cent in the last one year.
  • Mohan Nagar’s landscape, where property prices stagnated, also suffered due to the prodigious demand-supply gap. New projects in the area are going unsold and unoccupied, showing signs of reluctance among new buyers for the locality.
  • Following last quarter’s trend, Vasundhara saw a rental dip of eight per cent. Civic issues such as an inefficient solid waste disposal system are major growth spoilers.
  • However, the Ghaziabad Nagar Nigam is embarking on measures to treat sludge and contaminated water through nano biotechnology. Though its impact is yet to reflect on the realty market, this endeavour has cheered up the existing lot of residents in the town.

Gurgaon, Faridabad, Dharuhera and Bhiwadi

Capital Analysis

  • Top performers capital values_gurgaon, faridabad, bhiwadi, dharuhera Insite Report_Oct-Dec 2015Viewed from a zonal perspective, the four regions cumulatively witnessed a downturn of two per cent between Jul-Sep and Oct-Dec 2015. However, certain locales of Gurgaon clocked an upward price movement. Seven out of the 10 best performing localities in the zone belonged to the Millennium City.
  • Overall, property prices in Gurgaon descended by two per cent, quarter-on-quarter. The top gainer in the city was Sector 79, where values rose by six per cent, owing to a few new project launches.
  • While sectors 81 and 82 in Gurgaon clocked a five per cent upturn in capital values due some project deliveries, Sector 95 recorded a growth of four per cent in average capital values due to the presence of relatively affordable projects.
  • Faridabad, the highest grosser in the preceding quarter, witnessed a dip in average property prices in the last quarter of the year, although insignificantly. Recently, Faridabad has submitted a proposal for development as a Smart City. To this end, there are plans of overhauling certain localities, developing infrastructure and creating a more efficient waste management system in the city.
  • Bhiwadi, where capital market declined by three per cent and Dharuhera, which saw a negligible fall in average capital rates in Oct-Dec 2015, as compared to the previous quarter, are still magnetising investors. The clearance for a greenfield airport in Bhiwadi, availability of comparatively affordable properties and improving road and rail infrastructure lifted realty sentiments but did nothing to help conversion rates or sales volume grow.

Rental Analysis

  • Top performers rental values_gurgaon, faridabad, bhiwadi, dharuhera Insite Report_Oct-Dec 2015Rents in this zone, either stagnated or saw a declination in the last one year (Oct-Dec 2015 as against Oct-Dec 2014). In the list of the tracked top performing areas, 90 per cent of the localities belong to Gurgaon, although values in the Millennium City, as a whole, plateaued.
  • With the rapid metro slated to reach the heart of New Gurgaon by October 2016 and several new projects being given possessions, the locale bagged a rental growth of 17 per cent between Oct-Dec 2014 and 2015.
  • Although capital values in sectors 58-115 in Gurgaon were hampered by deficient infrastructure, sectors 66, 67, 69 and 71 performed well on the rental charts. Each of these sectors recorded an average rental rise of eight per cent, year-on-year.
  • Strengthening of rental values in Sector 67 Gurgaon is being attributed to the possession of a residential-cum-commercial project by a renowned developer.
  • Only one of the tracked localities in Faridabad, Sector-43, witnessed growth in rental values since the last quarter of 2014. Rents in this sector surged by 15 per cent.
  • Faridabad has long been afflicted with civic issues such as open sewers and garbage dumps and thus, even popular localities here in the Nehar Par area are not preferred by tenants now. Therefore, it does not come as a surprise that rental values in Faridabad recorded a drop of two per cent year-on-year.

Supply Analysis

The current dismal state of affairs had created an ennui in Delhi NCR’s realty landscape which will dissipate only after the market bottoms out. While investors await good times in the new fiscal, established developers are using this lull period to build their inventory, enter into joint ventures to ensure liquidity and increase their market share.

Availability of Different Property

  • Supply by property type_DElhi NCR Insite Report Oct-Dec 2015Although the preference for apartment-living in a bustling metropolis such as Delhi NCR stands unchallenged, a minor market share of independent houses/villas had further given way in favour of apartments and builder floors.
  • Preference for flats is highest in Noida and Gurgaon which cumulatively captured 50 per cent of the total market of residential apartments. Ghaziabad followed these two cities, with 13 per cent supply of flats in the quarter ending December 2015.
  • Ghaziabad and South Delhi witnessed the highest supply of independent/builder floors, bagging almost one-fourth of the total inventory of this property type.
  • Greater Noida continued to be the undisputed leader in terms of featuring independent houses/villas, taking up a whopping 35 per cent of the market’s share.
  • Second to Greater Noida was Delhi, which bagged 21 per cent of the share of independent houses in the NCR.
  • In Central, North and West Delhi, independent/builder floors continued being the most popular property type.

Availability of Property by Budgets

  • Supply by budget_DElhi NCR Insite Report Oct-Dec 2015With potential buyers and investors having postponed their purchase decision, the unsold inventory of the previous six months is yet to dwindle.
  • The preceding quarter recorded decent footfall from Non-resident Indians (NRIs) in the luxury (Rs 1-2 crore) and ultra-luxury segments (Rs 2-5 crore and more) due to the numerous discount schemes and depreciation of the Rupee.
  • In Oct-Dec 2015 vis-à-vis the preceding quarter, supply of properties in the bracket of Rs 1-5 crore reduced minimally; Gurgaon and Noida being the only exceptions in terms of maintaining the supply flow in the upmarket segment.
  • Not surprisingly, over 75 per cent of the properties in South Delhi carried a price tag of Rs 5 crore and above.
  • Amongst the well-developed NCR cities, Ghaziabad boasted of the highest concentration of affordable houses (below Rs 40 lakh) in Delhi NCR, capturing more than half the total market, followed by Greater Noida.
  • Over 80 per cent of the total properties in the upcoming region of Bhiwadi were priced within Rs 40 lakh. Cost-effective land parcels and availability of cheap labour were some of the reasons attributed to the area’s development.
  • Dharuhera, another burgeoning locality on the Delhi-Jaipur stretch of NH-8, featured a healthy assortment of properties in varied price brackets. Although, over 65 per cent of the properties were in the affordable category; the area catered to the mid-segment buyers as well.
  • Noida offered the maximum residential inventory priced between Rs 40 and Rs 60 lakh, making it a mid-income group (MIG) friendly locale. Ghaziabad and Faridabad followed suit.
  • Noida also boasted of the highest inventory in the high-income housing (Rs 60 lakh-Rs 1 crore) segment, although this bracket has witnessed a marginal dip in supply since Jul-Sep 2015.

BHK-wise Distribution of Property

  • Supply by BHK_DElhi NCR Insite Report Oct-Dec 2015Supply of various configurations – 1BHK, 2BHK, 3BHK and 4BHK – remained unchanged quarter-on-quarter, although there have been slight changes at the regional level.
  • Properties configured as 1BHK continued to remain the most popular in Ghaziabad in Oct-Dec 2015; however, the supply in this category witnessed a dip of three per cent from Jul-Sep 2015.
  • Noida and Ghaziabad together captured more than 40 per cent of the properties configured as 2BHK. Gurgaon and Greater Noida, too, featured a substantial pool of 2BHK apartments, cumulatively capturing over a quarter of the market.
  • Meanwhile, 3BHK apartments saw maximum takers in Gurgaon, seizing almost one-third of the total market supply, followed by Noida. However, the marginal dip of supply (by one per cent) in this category seemed to have spilled over to Noida, which rose by the same margin.
  • Supply by construction status_DElhi NCR Insite Report Oct-Dec 2015Boasting of a large number of projects targeting HNIs and NRIs, it does not come as a surprise that most of the apartments configured as 4BHK are in Gurgaon.

Ready to move vs Under-construction

  • With fewer number of new launches in Oct-Dec 2015 as compared to the last quarter, and developers focusing on completing existing projects, the graph has tilted towards ready-to-move properties by an additional two per cent.
  • Among all zones, Gurgaon had the highest ratio of ready-to-move versus total number of properties. Following the Millennium City on its heels, Ghaziabad featured the second largest pool of ready properties in the NCR.
  • Maximum number of under-construction properties (more than a quarter) were situated in Noida, while developers decided to gauge and customise properties according to buyers’ requisites.
  • As office space absorption in Delhi NCR surged by nearly 30 per cent, a number of developers shifted their attention from residential to commercial projects.

Annexures

Capital Values-

Delhi North,
South, East,
West, Dwarka

Locality

Oct-Dec 2015

% Change

Rental Values-

Delhi North,
South, East,
West, Dwarka

Locality

Oct-Dec 2015

% Change

 

Akshardham

20100

-7

 

C R Park

24

-8

Azadpur

11500

4

Chanakyapuri

90

5

Chattarpur

5000

1

Defence Colony

40

-7

Dilshad Garden

6600

-1

East of Kailash

26

8

Greater Kailash

21200

3

Greater Kailash

29

-3

Greater Kailash II

27500

2

Green Park

27

13

I P Extension

11300

-5

Hauz Khas

31

7

Janakpuri

10700

-1

Kalkaji

25

9

Kalkaji

13850

-1

Lajpat Nagar

24

-8

L Zone

3900

1

Malviya Nagar

25

-4

Mayur Vihar - I

13200

-1

Mayur Vihar - II

20

0

Mehrauli

4600

-2

New Friends

Colony

30

7

Narela

4250

-3

Panchsheel Enclave

34

10

Patparganj

11150

-8

Panchsheel Park

36

6

Pitampura

10000

-8

Paschim Vihar

16

0

Rohini

10500

-5

Patparganj

18

0

Safdarjung

21800

-2

Pitampura

19

6

Saket

16300

-2

Rohini

19

0

Sarita Vihar

10750

0

Safdarjung Enclave

28

8

Shahadra

6500

-1

Saket

27

-10

Shalimar Bagh

8900

-2

Sarita Vihar

17

0

Uttam Nagar

4300

-8

South Extension

33

6

Vasant Kunj

14600

-3

Vasant Vihar

41

5

Vasundhra Enclave

10400

-5

Vasundhra Enclave

19

0

Vikas Puri

9600

-4

 

 

 

Capital Values-

Noida,
Greater Noida

Locality

Oct-Dec 2015

% Change

Rental Values-

Noida,
Greater Noida

Locality

Oct-Dec 2015

% Change

 

Alpha-I, Gr Noida

4000

1

 

Noida-Greater Noi­da Expressway

14

-7

Chi - Phi

4450

1

Pari Chowk

10

11

Jaypee Greens

8000

-1

Sector Chi 4, Gr Noida

9

-10

Noida Extension

3850

1

Sector Phi ll, Gr Noida

9

13

Noida-Greater

Noida Expressway

5600

1

Sector Pi- II, Gr Noida

9

13

Pari Chowk

4200

-2

Sector-100, Noida

15

-6

Sector Chi 4, Gr Noida

5400

-1

Sector-104, Noida

14

-7

Sector Chi 5, Gr Noida

4000

-5

Sector-128, Noida

14

-7

Sector Chi, Gr Noida

4550

5

Sector-135, Noida

13

-7

Sector MU 2, Greater Noida

3300

3

Sector-37, Noida

18

13

Sector Omicron I, Greater Noida

3600

4

Sector-47, Noida

13

-7

Sector Pi- 1, Gr Noida

4300

-2

Sector-50, Noida

17

-6

Sector ZETA I, Gr Noida

3600

1

Sector-61, Noida

16

-6

Sector-143B, Noida

5100

1

Sector-62, Noida

13

-7

Sector-25, Noida

7500

2

Sector-77, Noida

12

-14

Sector-93 A, Noida

8150

-5

Sector-93 A, Noida

16

-6

Sector-Pi, Gr Noida

3900

-5

Sector-Pi, Gr Noida

9

13

Site C, Gr Noida

3300

-6

Yamuna

Expressway

8

0

Surajpur

3450

5

 

Techzone

4150

4

Yamuna

Expressway

3600

-4

Capital Values-
Ghaziabad

Locality

Oct-Dec 2015

% Change

Capital Values-
Ghaziabad

Locality

Oct-Dec 2015

% Change

 

Ahinsa Khand

5700

-8

 

NH-24

3100

3

Ankur Vihar

2950

-2

NH-91

2350

0

Crossings Republik

3750

-4

Raj Nagar

Extension

3450

1

Govind Puram

3100

-6

Sahibabad

4150

-1

Indirapuram

6100

-1

Shalimar Garden

3850

-1

Indraprastha

3250

-2

Vaibhav Khand

5650

-3

Kaushambi

5750

-4

Vaishali

6900

1

Mohan Nagar

4700

-3

Vasundhara

5850

1

Rental Values-
Ghaziabad

Locality

Oct-Dec 2015

% Change

Rental Values-
Ghaziabad

Locality

Oct-Dec 2015

% Change

 

Ahinsa Khand

13

0

 

Vaibhav Khand

12

-8

Crossings Republik

7

0

Vaishali

13

8

Mohan Nagar

10

0

Vasundhara

11

-8

Capital Values-

Gurgaon,
Faridabad,
Bhiwadi,
Dharuhera

Locality

Oct-Dec 2015

% Change

Rental Values-

Gurgaon,
Faridabad,
Bhiwadi,
Dharuhera

Locality

Oct-Dec 2015

% Change

 

Alwar Bypass Road, Bhiwadi

2900

-2

 

Golf Course Ext. Road

15

7

Charmwood Village

8950

1

Rosewood, Gurgaon

22

5

Dharuhera

3000

-3

Sector 39, Faridabad

19

-5

DLF CITY

12550

0

Sector 43, Faridabad

15

15

Dwarka Expressway, Gurgaon

5500

-6

Sector 82, Faridabad

8

0

Golf Course Road

14400

-1

Sector 86, Faridabad

8

0

Gurgaon-Faridabad Road

7750

-3

Sector 87, Faridabad

7

0

MG Road

12600

-1

Sector 88, Faridabad

7

0

Nehar Par

3950

0

Sector-9, Gurgaon

10

0

New Gurgaon

5050

0

Sector-15, Gurgaon

17

0

NH-8, Dharuhera

3350

3

Sector-27, Gurgaon

24

-4

NH-8, Gurgaon

5600

-2

Sector-33, Gurgaon

16

-6

Nirvana Country

9150

-1

Sector-51, Gurgaon

14

0

Palam Vihar

8450

-1

Sector-67, Gurgaon

13

8

Rosewood

11200

0

Sector-78, Gurgaon

8

-11

Sector 81, Faridabad

5100

5

Sector-82, Gurgaon

9

0

Sector 89A, Gurgaon

7850

-3

Sector-85, Gurgaon

8

0

Sector 84, Faridabad

3600

3

Sohna Road

16

7

Sohna

4500

1

South City 1

25

4

South City

11400

-3

Uppals Southend

15

-6

Southern

Peripheral Road

6600

-1

 

Sun City

12200

-5

Suraj Kund

6900

-3

Sushant Lok

12050

0

*All prices are per sq ft rates
*Capital values represent quarterly change
*Rental values represent yearly change


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  • Comments
  • Hosting October 22, 201610:07 am

    Property prices fell by an average one per cent in the Delhi-NCR during October-December period compared with the previous quarter on higher supply.

    Reply
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