New Delhi residential real estate prices on the upswing in Q2
New Delhi, October 3, 2006: According to real estate services firm Colliers International, property prices have been on the upswing in Delhi in the second quarter. According to Colliers, capital values increased by 45% quarter on quarter and rental values were up by almost 30% for the same period. Prime property in Lutyens' Delhi saw a sharp increase driven by scarcity of supply. Rentals in Prithviraj Road were up by 100% over the last quarter.
Property prices (capital and rental values) for benchmark areas in Delhi such as Prithviraj Rd, Aurangzeb Road, Chanakyapuri, Golf Links, Jor Bagh, Sunder Nagar, Shanti Niketan, Westend, Panchashila, Anandlok, Niti Bagh, SDA, Friends Colony, Maharani Bagh, Greater Kailash I & II, South Extension, Anand Niketan, Vasant Vihar and Gurgaon are provided below.
Click on image to view chart.
By INRnews Correspondent
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