The choice of apartments depends on various factors. Some of the factors are lifestyle of individuals. The more lavish their lifestyle the more expensive commercial properties they will look out for. Middle income groups will look out for affordable homes. Other important factors are location of offices, water avaibility and even electricity availability. For those who are seeking commercial properties, it is important to choose the property in those areas where connectivity is good and everything is easily accessible. This is good time to invest your money in buying commercial properties others prices will hike in the time to come.
The value varies in different locations. Take the example of rent of commercial properties in Sunder Nagar and Sainik Farm where value starts from about 60,000 per month. There are a lot of factors involved in the sky scrapping prices of commercial properties. Some of the factors are the over crowded population in Delhi and NCR regions because of which the demand is more for homes and the supply is decreasing. Even with time the lifestyle of the people are changing. Now with development of more and more IT companies and with the advent of BPO cultures the income level of the young generation has accelerated and they can now spend more and even save their resources to invest in meaningful properties. Even the value differs depending on the east accessibility and provision of resources in different places. Rental value of the property in Delhi has never faced slowdown whereas the purchasing power of buyers might have faced slowdown in last few years.
The present capital value of the retail market ranges from Rs 80 lakh to around lakh and crore. Vasant Vihar is known as prime location in South Delhi and is considered as posh area having very high price of property the reason for this high rent or property price is that there is no plot of land is available here. So the demand is more and the required quantity is less. Hence the property rates are beyond the reach of middle class person’s budget as the same is touching the sky. But Government has introduced many policies to control the prices the high rising commercial properties.
The value varies in different locations. Take the example of rent of commercial properties in Sunder Nagar and Sainik Farm where value starts from about 60,000 per month. There are a lot of factors involved in the sky scrapping prices of commercial properties. Some of the factors are the over crowded population in Delhi and NCR regions because of which the demand is more for homes and the supply is decreasing. Even with time the lifestyle of the people are changing. Now with development of more and more IT companies and with the advent of BPO cultures the income level of the young generation has accelerated and they can now spend more and even save their resources to invest in meaningful properties. Even the value differs depending on the east accessibility and provision of resources in different places. Rental value of the property in Delhi has never faced slowdown whereas the purchasing power of buyers might have faced slowdown in last few years.
The present capital value of the retail market ranges from Rs 80 lakh to around lakh and crore. Vasant Vihar is known as prime location in South Delhi and is considered as posh area having very high price of property the reason for this high rent or property price is that there is no plot of land is available here. So the demand is more and the required quantity is less. Hence the property rates are beyond the reach of middle class person’s budget as the same is touching the sky. But Government has introduced many policies to control the prices the high rising commercial properties.
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