Rental properties play an important role in the real estate market in India. Especially, in last few years, the rental market of Delhi-NCR has been on a high due to a number of people flocking towards the region in order to earn money, higher education, business etc.
Rentals in areas like Noida, Greater Noida, Faridabad, and Gurgaon skyrocketed in recent times. The main reason behind this is that all the major educational institutions and Big MNCs, as well as small offices where a lot of people are working and studying, are located in these regions. So, bachelors and many small families mainly look for rented apartments or flats as they can’t afford to buy a house.
Also when you are looking for any rental house it’s better that you must consider the rental price as well as other important factors which must prove fruitful to one who is staying on rent:
So let’s Check-out best rental properties in Delhi- NCR:
Delhi- the capital city and the heart of India is always loved by many who come to this city to study and earn. They are many locations in Delhi for rental accommodation which include Saket, Vasant Kunj, Lajpat Nagar and Freedom Fighter Enclave in the south, Palam Vihar and Dwarka in the west and Mayur Vihar Phase I in the east.
According to real estate experts, “People can also consider Rajouri Ganden, Punjabi Bagh, East Patel Nagar or Janakpuri B and C Blocks and Krishna Park to stay on rent.”
Areas with metro connectivity like katwaria Sarai, Munirka, Vasant Vihar, and Lajpat Nagar in South Delhi are also preferable. While in east Delhi, Preet Vihar, Vivek Vihar, Karkardooma and Rajdhani Enclave are best for rental accommodation, in north Delhi, Model Town, Shalimar Bagh, Rohini, and Pitampura are viable locations for rental space.
In current time many companies have shifted their offices to Faridabad due to which there is an increasing demand for rental homes here. With metro expanded its reach to Faridabad, the rental properties here gained a lot of momentum. Also one can get many affordable options here.
The Gurugram-Faridabad Expressway also helps commuters to cover the distance between the two towns swiftly.
With many companies, educational hubs located in Noida, it has already become a premium location to stay on rent. Noida is full of rental properties and that too at much affordable rates.
Sector 74 and 78 are the ideal places to live on rent, due to its proximity to employment hubs in Noida and Greater Noida. Apart from these sectors, other locations like sector 137 and 144 are also in demand.
In Gurugram, the newly developed sectors are seen as one of the most affordable locations for rental accommodation. Golf Course Extension and Sectors 47, 50, 55 and 56, are the most-preferred rental destinations in Gurugram because of their proximity to established social infrastructure, such as educational institutions, healthcare centers, entertainment zones, commercial hubs and connectivity by metro and other modes of transport.
So with these numerous options, one can easily find best rental accommodations in Delhi-NCR.