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Property for rent in Delhi 

Author: Rent Xz
by Rent Xz
Posted: Sep 13, 2019

In the last two years, especially after demonetization and the introduction of economic reforms like GST, the rental market in Delhi-NCR has gained tremendous momentum. GST and RERA resulted in a major slowdown in the real estate sector, because of which many prospective homebuyers have started to prefer rental accommodation. This is especially true in the big cities and in regions with higher economic activity, such as Delhi-NCR.

Renting a home has become a lot easier and more transparent than ever before, especially with customer-generated portals like RentXZ.com. The processes are transparent, and the renters are much more informed about the choices that they are making. This has greatly restored customer's faith in the rental market. As more and more tenants today are professionals-on-the-move, they look for good connectivity, convenience, and affordability in rental accommodation.

The areas in and around Delhi offer an impressive range of choices when it comes to rental homes. From basic facilities to luxury amenities, tenants with varied budgets can find the ideal accommodation in Delhi-NCR. Right from Gurugram up to Noida and Greater Noida, there are various regions with steady economic activity in Delhi-NCR that are witnessing a healthy demand for rental homes. Here a look at some of these areas:

  1. Gurugram: Gurugram has emerged as one of the largest commercial hubs in the country, with the headquarters of many big corporate firms and MNCs located here. The area offers excellent employment opportunities, world-class infrastructure, good connectivity across Delhi-NCR, and the best selection of entertainment option
  2. Delhi: Delhi offers the widest range of accommodation choices for renters, and there are various rental markets across each end of Delhi that are performing well. When it comes to affordable options, Dwarka tops the list and offers excellent connectivity via metro and road. It is also located close to Gurugram and the airport. MayurVihar in east Delhi is another affordable option that is witnessing a healthy demand for rentals. In the luxury segment, prospective tenants can explore localities in central/south Delhi like JorBagh, Sunder Nagar, Golf Links, Vasant Kunj and Prithviraj Road. The most popular rental markets in south Delhi are Lajpat Nagar III and IV, Saket, Hauz Khas, Malviya Nagar, Chittaranjan Park, VasantVihar, AnandLok, and Munirka. In north Delhi, the most popular localities among renters are Model Town, Shalimar Bagh, Rohini, Pitampura, and PalamVihar.
  3. Noida: After Gurugram, Noida is the next most popular residential hub in the outskirts of Delhi. Noida shares excellent connectivity with Delhi and Gurugram and is known for its outstanding infrastructural development. The wide and well-connected roads, the commercial districts and the entertainment hubs make this a popular residential locality among diplomats, expatriates and professionals in the corporate sector. With comparatively lower rentals than Delhi and Gurugram, excellent employment opportunities, and wide-ranging lifestyle and entertainment hubs, Noida is a highly sought-after locality among renters. Sectors 62, 74 and 78 in Noida witness a high rental demand due to the proximity to employment hubs in Noida and Greater Noida. Sectors 137 and 144 are also very popular among renters.
About the Author

Hi I am Satya prakash work for rextxz for providing rental property in Delhi along with diffrent locations like Ghaziabad, Noida and Delhi Ncr.

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Author: Rent Xz

Rent Xz

Member since: Aug 29, 2017
Published articles: 10

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