Wednesday, February 18, 2009

Real Estate Trends in India

Sellers and Buyers have taken wait and watch policy so that they can choose houses in areas, where the rates are greatly in excess of their budget. According to a property consultant in India, “This is the right time to invest in properties as one can crack a deal in his favour. During this period one can easily get a 200 sq yard house in between 1.40-1.50 crores in Punjabi Bagh, Delhi earlier which was not possible”.
With the commencement of Delhi Metro, the housing locations of Dwarka and Rohini have also experienced substantial appreciation in capital values where the values are in the range of Rs. 4,200-4,800/sq ft.