Demand of property

Demand of Property is rising with the rise in population of India and consequently price of property are also increasing. Connectivity of Metro has proved very successful and because of this the property rates (buying/rental value) of all those areas which are linked with metro are reaching very high and considered as sky-scraping. Areas like Janak Puri, Dwarka, Uttam Nagar, Moti Nagar, Patel Nagar, Vikas Puri, Shadi Pur Depot, Laxmi Nagar, Preet Vihar etc whuich were not preferred by any new investors earlier, now it is very hard to get the property in these areas as the demand is increasing regularly and supply is not sufficient enough and that is the reason that property values are rising regularly & non-stop.

The Two BHK flat in Dwarka which was having cost of Rs. 10 lacs (3 years back) now the value of that flat starts from Rs. 25 lacs. This hike in property price is increasing constantly with the rising demand of property because of Metro connectivity of Dwarka from various parts of Delhi as well as NCR. Similarly the rental value has also been increase by various landlords atleast by 50%. Since the cost of apartment/flat/house is very high that it is not affordable by a medium class people then they search and prefer rental property. rental value of house/flat/apartment is based on other facts as well like the kind of amenities which are available there i.e Water & Electricity Supply, Sewerage Facility, Accessibility of Market, Good Infrastructure, Location, Neighborhood and Environment etc.ireo gurgaon hills

In brief there are several things to be considered while looking for new flat/apartment/house or while raising Demand of property for this you can also take the help of real estate agent to make your work easier and fruitful.