Released on: June 12, 2008, 4:21 am

Press Release Author: George Gonigal

Industry: Real Estate

Press Release Summary: Whenever someone talks of India, the first city that strikes
his mind is Delhi. Delhi is the capital city of India and also known as the heart of
India.

Press Release Body: Whenever someone talks of India, the first city that strikes his
mind is Delhi. Delhi is the capital city of India and also known as the heart of
India. With its robust infrastructure and vibrant economy, Delhi is undoubtedly
among the most preferred investment destination for investors worldwide.

In the residential property market segment, Delhi has been known to have made the
most astronomical transactions where properties sell for millions of rupees. This
trend though most common in the posh localities of South Delhi is now moving towards
earlier less significant places like Dwarka.

The rental values of residential properties like the apartments and independent
houses are quite high. The corporate leasing and diplomats in the city are in a way
responsible for the trend, as they opt for the high-end properties.
Commercial properties like the office spaces in particular are in much demand as
every other company want to have their offices in the city, as Delhi has better edge
over many other metros in infrastructure, availability of professional work force
and connectivity.

Residential real estate prices, as recorded in May\' 2007, in some of the prime
residential areas are as:
. Karol Bagh: A 1,000 sq ft house in Karol Bagh costs between Rs 70,00,000 and Rs
1,10,00,000
. Rajendra Nagar: A 1,000 sq ft house in Rajendra Nagar costs between Rs 75,00,000
and Rs 1,05,00,000
. Gole Market: A 1,000 sq ft house cost from Rs 60,00,000 to Rs 1,05,00,000 in Gole
Market.
. Chanakyapuri: A 1,000sq ft house in Chanakyapuri costs between Rs 1,75,00,000 and
Rs 2,25,00,000
. Dwarka: A 1,000 sq ft house in Dwarka costs between Rs 35,00,000 and Rs 55,00,000
. Kamla Nagar: A 1,000 sq ft house in Kamla Nagar costs between Rs 35,00,000 and Rs
65,00,000
. Malviya Nagar and Kalkaji: A 1,000 sq ft house costs between Rs 35,00,000 to Rs
65,00,000
. Saket: A 1,000 sq ft house in Saket costs between Rs 90,00,000 and Rs 1,30,00,000
. Sadar Bazar: A 1,000 sq ft house in Sadar Bazar costs between Rs 20,00,000 to Rs
30,00,000

For more details on Delhi Properties, log on to
http://www.magicbricks.com/property/faces/jsp/indexc.jsp

Web Site: http://www.magicbricks.com/property/faces/jsp/indexc.jsp

Contact Details: george.gonigal@gmail.com