1. Real Estate in Delhi
Real Estate in Delhi is an all-time-hit among the investors. The prices of real
estate in Delhi are towering high at an incredible rate. Swarmed by thousands of
people for education, job, business or any other purpose, the market for real
estate in Delhi is always bustling with demand. There is an incessant demand for
all types of properties; commercial, residential, industrial and retail.
Reasons for Real Estate Boom!
● The increasing foreign investments in real estate in Delhi have opened
new avenues for the commercial properties in Delhi. Established multi-
nationals operating from Delhi have created success stories for others to
follow. The demand for office space reflecting international standards of
the MNCs is in vogue.
● Also, as more and more people plan to take a break from the routine 9-5
jobs and plunge into running their own businesses, the demand for office
space increases ten-folds.
● The population explosion in Delhi due to enormous migration of
manpower raises the demand for residential properties. As far as
purchasing a residential property is concerned the rich can do so at any
point of time, the problem lies with the middle working class and the
poor. Both the government and the private developers have taken a note
of this and are now targeting to provide affordable residential options.
Special schemes are being launched to construct townships for the poorer
sections of the society.
● Cheaper raw materials, manpower availability and cost-effectiveness to
run industrial units in the Delhi NCR region has sparked a row among
industrialists to encash the available resources and the opportunity.
● There were days when one had to run in different directions to shop for
clothes, footwear, jewelry or rush to eateries and movie theatres situated
at two different ends. The advent of Malls has changed the way you shop,
dine or watch a flick. Malls have brought in the concept of everything
under one roof. The multi-storied Malls have everything to offer, right
from your basic needs to entertainment options. The real estate in Delhi
has a silent invader in the form of retail sector. Malls and multiplexes are
mushrooming in every nook and corner of the city.
Residential Sector in Delhi’s Real Estate Market
Taking a closer look at the residential sector in the real estate market in Delhi, the
prices of residential properties are mainly driven by location. Lutyen’s zone is a
preferred posh locality among the affluent class. Residential properties in this
area sell like hot cakes though at a breathtaking price. Aware of the worth of
owning a house in this area, the residents prefer not to part with their residential
asset. Thus, it is rare to find a property on sale in this area. As the property
demand in this area is high with a limited supply, it is but natural for the prices
to be exorbitantly high. Lutyen’s zone thus houses top industrialists, politicians,
bureaucrats and business tycoons having deep pockets. The prices in this area
never see a downfall due to the elite neighborhood, historical significance of the
location, well-developed infrastructure and civic facilities. Owning a home in
Lutyen’s zone earmarks high status in the society.
● Real Estate in East Delhi
Moving on to residential properties in East Delhi, the area is fast gaining
acceptance as compared to the past. Anand Vihar, Lakshmi Nagar, Shahdara,
Indirapuram, Mayur Vihar, Vivek Vihar, Dilshad Colony and Patparganj among
many others fall under East Delhi. East Delhi is bordered by Ghaziabad and
Noida. Treated as one of the most ignored regions of Delhi, East Delhi was home
to only a selected few in the past having a low-income. The area was deprived of
the basic facilities of schools, hospitals and entertainment options. However, at
present, the area has been developed into a decent residential area leaving

2. behind the cluttered and overshadowed structures and brimming with all the
basic facilities. The property prices in East Delhi are also increasing gradually in
the wake of attention it is getting from the real estate developers.
● Real Estate in North Delhi
North Delhi property prices are also soaring high as it houses Delhi University.
Presence of Azadpur Mandi also adds to the price hike as a supplier of
vegetables and fruits to the whole of Delhi and NCR region. An excellent metro
and road connectivity further make North Delhi a costlier affair. Azadpur,
Kashmere Gate, Pitampura, Inderlok, Ashok Vihar, Model Town, Rohini,
Shalimar Bagh, Civil Lines, Kingsway Camp, Rajiv Nagar, Ghanta Ghar,
Mukherjee Nagar, Rani Bagh, Wazirpur, Tees Hazari, Shakti Nagar, Prashant
Vihar and Central Secretariat are some of the areas in North Delhi. The area faces
high demand for PG accommodation as the area has an abundance of DU
students.
● Real Estate in South Delhi
South Delhi is a preferred residential location in Delhi. It includes Amar Colony,
Ashram, Bhikaji Cama Place, Delhi Cantt, Anand Lok, Bhogal, C.R.Park, East of
Kailash, Bijwasan, Alaknanda, Defence Colony, Friends Colony, Dilshad Garden,
Jasola Vihar, Lajpat Nagar, Nehru Place, New Friends Colony, Safdarjung
Enclave, Sarojini Nagar, Malviya Nagar, Hauz Khas, Jungpura, R.K.Puram,
Vasant Kunj, South Extension, Vasant Vihar, Kalkaji, Munirka, Golf Link, Okhla,
Green Park, Panchsheel Park, Gautam Nagar, Khan Market, Saket, Mehrauli, Niti
Bagh, Sheikh Sarai, Mahipalpur, Netaji Nagar, Nizamuddin, Sangam Vihar etc.
Known as the first residential choice due to its location, South Delhi is a favorite
among corporates, government employees and businessmen alike. The prices of
properties in South Delhi are also soaring higher and higher as it houses several
posh areas.
Real Estate in West Delhi
Real estate in Dwarka, West Delhi, is having a roller-coaster ride. The planned
structure and sound infrastructure has made Dwarka a favorite for residential
property. The whole subcity is full of apartment buildings offering lucrative
amenities. The prices of the properties in Dwarka are becoming menacingly
expensive. Even the commercial and retail sectors are in an expansion mode.
Other areas falling under West Delhi for residential purpose are Janakpuri,
Pitampura, Punjabi Bagh, Rajouri Garden, Rohini and Patel Nagar.
Real estate in Delhi is moving ahead at a progressive rate setting new landmarks
by promoting lifestyles matching international standards. The ‘national capital’
status gives additional momentum to the real estate in Delhi, a metropolitan city
with a perfect mix of old and new!