The national capital, Delhi in the recent years has become a haven for people from different walks of life. While students, bachelors and working professionals have always been looking for affordable rental properties in Delhi, even middle income families are now being forced to look for cheaper options with the rising economic conditions in the country.
The increase in prices of other factors have had a bearing on the rise of realty prices with each and every nook and corner of the city witnessing a realty boom. Although the real estate sector has remained wobbly on the whole, the prices have been stable for the past two years in the city of Delhi.
Along with smooth connectivity owing to Delhi Metro lines across the city, Delhi has witnessed a huge change in terms of infrastructure which has pushed many residents to opt for cheaper accommodations.
We bring you the Top 5 rental property locations in Delhi which are available for rent for Rs 10,000.
The first and foremost is cricketer Virender Sehwag’s hometown Najafgarh located in South West of Delhi where a 1,420 square feet space comprising of a 3 BHK comes for Rs 10,000. An ideal neighbourhood for bachelors on sharing basis and middle income families, rental properties in Delhi’s Najafgarh are a good choice to save on rent. Since a lot of freehold land is available in the area, Najafgarh is developing at a fast pace. The place has been accommodating both rural and urban populations and is surrounded by markets like Nawada Market, Tura Mandi and Sabzi Mandi to name a few.
Bachelors and working couples can find a good space up to say, 870 square feet in Rohini Sector 23 as the place in the North of Delhi has all the basic amenities like schools, colleges, banks, hospitals, markets and other services. Villas, plots, penthouses, bungalow, duplex are all available as rental properties in the sector which has seen a robust growth in the last few years.
Close to Delhi-Noida’s border, the residential space of Mayur Vihar situated across the Yamuna River, therefore called, Trans Yamuna has been quite popular with middle income families and people across age groups. It is possible for one to find a space of 520 square feet in the area with much ease. It is connected by the Delhi Metro on the blue line and has registered a stable growth owing to the metro’s presence.
Many renowned schools including Ahlcon International School and Mayur Vihar branch of Amity International School, places of worship including Uttara Guruvayurappan Temple and The Crossway Church and popular markets including Acharya Niketan are located in the area.
Working professionals can get PG accommodations in Dhaula Kuan and Defence Colony for Rs 10,000. While the amount of space available in one of the prominent intersections of Delhi, Dhaula Kuan, is 150 square feet, 250 square feet is available in Central South Delhi’s Defence Colony for the same rate.
Dhaula Kuan is well connected by a strong transport network including buses and Delhi Metro owing to the presence of many colleges of the South Campus of University of Delhi and Defence Colony is an affluent neighbourhood with a strong connectivity owing to the presence of a large number of restaurants.