Residential Property Value in Delhi Real Estate From several years the value of the residential real estate in Delhi has been increasing rapidly and in the main residential areas the real estate value has been rising at a rate of 20% to 30% annually. The main residential locations in Delhi is IMT Manesar, Sushant Lok, Sushant Lok I, Manesar, DLF Phase IV, Sector 52, DLF Phase V, Nirvana Country, Sector 30, Andee City, DLF Phase I, Udyog Vihar I, DLF Phase II, Golf Course Road, National Highway 8, M.G.Road and sohana Road, etc. Residential and commercial properties of various varieties are available in these locations. An evaluation conducted in Delhi by real estate industry professionals given a report of the average value of the residential properties at mid-2009. In this report the real estate average cost per square feet has revealed. According to this report the average cost of the apartment is around RS. 4,250/- per sq ft and for the houses the average value will be around RS. 6,700/- per sq ft. the average cost for the plots will be around RS. 4,600/- per sq ft. When coming to the total unit of the properties, apartment will available at the average cost of RS. 90 lakh and the individual house unit will come around 1.5 crore. The approximate value of the flat will around 1.6 crore and the estimation will give the clear idea of the increasing prices of Delhi residential properties.
The residential delhi real estate will differ based on the size of the real estate and the locality of the real estate. The prices will be varying for 1BHK, 2BHK, 3BHK apartments and individual houses. In Delhi the average value of the 1BHK apartment will be approximately available at RS. 3,700/- per sq ft and the unit will cost around RS.27 lakh. When coming to 2BHK apartment the average cost will be RS. 4000/- per sq ft and the total unit cost will be around RS.45 lakh. According to the analysis the cost of the independent houses with 1BHK, 2BHK, 3BHK will be different form apartments and flats. Coming to the approximate value of the individual 1BHK house the cost will be around RS. 5100/- per sq ft and the house will come around Rs.65 lakh. 2BHK house will cost around RS. 5500/- per sq ft and the unit will cost around RS.85 lakh. 3BHK house will cost around RS. 6100/per sq ft and the house will cost around RS.95 lakh. For more information, please log on to www.delhirealtor.com