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Follow on Google News | West Delhi Real Estate Market by Reputed DevelopersWest Delhi is a destination to invest in property. Property in West Delhi is a money - turning affair. It offers various options for the residential property, commercial property, and industrial properties.
By: Buyproperty Today the rentals in the residential colonies have gone up by over 50 percent in Dwarka and 15-20 percent in Janakpuri and Vikaspuri, over a period of 3-4 years. However, the tenants, on the other hand, hit back with newer demands. A particular user profiles become sought after by landlords. Today, property owners in Delhi end up giving tenants more value for their buck. This includes air conditioners, re-refrigerator, microwaves, television, washing machines, etc. in the tenanted accommodation. Residents today look for properties with a lifestyle. And landlords seek tenants who can afford such a way of life. So they are both driving hard bargains. People prefer semi-furnished homes these days. It has become a globally accepted phenomenon, and it was only a matter of time before the Indian markets matured enough to follow global tenancy practices. Rental values grow only marginally when capital values are in the affordable range in residential properties. But when the capital values become too expensive to the end users, they go for rental accommodation that in turn triggers demand and, therefore, the rise in costs. Let's take the case of property values in Noida. Along the proposed Metro route prices of property have shown a downward trend, but rental costs have escalated in these areas. But the buyer is not sure that after the metro route is commissioned he will get better values for the property. People who are seeking rental accommodations, it is important to pick up rental property in those areas that will become accessible in the medium to long term. If they wait too long, these may not be available and they may either have to go further away from the transit corridor or pay more for the same property. Whether it is about buying, selling, or renting residential or commercial property, West Delhi is a place that ensures good returns. http://www.buyproperty.com/ End
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