Delhi Real Estate Property

Delhi is one of the most preferable places and is a famous tourist spot. This city is having a mix culture with colorful traditions and people from different countries come here to travel for a period of time or to settle down forever. Being a national capital Delhi is having all kinds of facilities like transportation-Roads, Railways, Delhi Metro, Accommodations, presence of historical monuments-Red Fort, Old Fort, Humayun Tomb, Qutub Minar, Jantar-Mantar etc, Famous markets-Chandni Chowk, South Extension, Lajpat Nager, Sarojini Nagar, Vasan tVihar, Greater Kailash etc. and recreation centers-Malls, Cineplex, Fun Zone etc. Delhi is also famous as commercial city with different specialization. With having lots of facilities this city is always crowded with tourists come here for various reasons.

Whatever may be the reason for the arrival of tourists they need an accommodation to reside. Either they buy or take on lease the accommodation. With the arrival of foreign visitors demand of properties goes up with high rates. Because they are ready to pay high amount as well if the property or accommodation is suitable for them. Normally visitors opt the famous places which are having closeness with the office spaces, markets and have transportation facilities. Areas like Karol Bagh, Lajpat Nagar, Sarojini Nagar, South Extention, Vasant Vihar, R.K.Ashram Marg, Connaught Place etc. are very much famous localities for tourist places. These places are having abandons of hotels or rental spaces which are preferred by tourists.

It has been noticed that in last 3 to 4 years property value has gone up and increasing at very high rate because of the high demand of these localities. At present the accommodation can be rented out even for single day with per day cost and visitors generally get ready to pay huge bucks for that as well. Few years ago people were reluctant to rent out their properties to the foreigner for quite number of days but nowadays it has become business and they are earning huge profit with this.