The market comprising buying, selling and renting of Real estate in Delhi is going through a rough phase as a result of the global meltdown. Over the period of a few months the market has seen a huge slump in property prices at many prime locations. The unpredictability prevailing in the current real estate market has led many investors to tread cautiously. The slowdown is not at all bad though. It offers unprecedented opportunity for the first-time home buyers to make their dream come alive taking the benefit of reduced capital prices of major residential properties in prime localities, where the impact of recession is felt the most. People in Delhi are more conscious about the location where they want to make their future home and a recent survey has provided enough evidences for the same. The location of a property in Delhi is as much important as its prices for more than three quarters of home buyers, and only a fourth of them do not show any preference for a particular neighborhood, as long as their property requirements are fulfilled. Moreover, buying or renting an apartment, independent home or a property in Delhi is not as simple as it sounds. Contrarily, it requires a comprehensive analysis of several factors, such as the capital or rental value, location, estimated appreciation, specification details etc. We, at Indiahousing.com, keep a tab on the current trends of the market and provide you relevant data to help you find your most preferable property in Delhi.

Property Prices in Delhi

Location	Independent Houses (Rs per sq. yd.)	Apartments (Rs per sq. ft.)	Rentals for 2 BHK (Rs per month)
Central	80000-500000	7500-28000	8000-50000
North	70000-250000	5000-8000	5500-15000
South	75000-400000	3500-12500	15000-35000
West	100000-200000	4000-10000	3500-10000
Eest	25000-100000	3000-6000	5500-13500

(Source: India Housing Surveyor Team)