The following article gives an overview about the rising trend of rented apartments in Delhi. The price range of 1-BHK, 2-BHK and 3-BHK flats in the city vary as per location.
Delhi, the capital of India has always been a prime location for thousands of people across India. The city is center of attraction for all due to plethora of job opportunities, sumptuous food, reputed colleges, and much more. Each year, a large number of people are migrating to metro cities like Delhi primarily because of-lucrative jobs and higher studies. The influx of thousands of people has resulted in an increased demand in Delhi property. Owning to skyrocketed property prices not everyone can purchase a house. Consequently, the rented flats are high on demand.
Being the prime and most preferred location for residential purpose, the price for flats in Delhi is increasing day-by-day. Most of the students prefer 1 BHK flats that vary from Rs4,000 to Rs12,000 per month depending on the location of the flat.
2-BHK apartments are highly demanded as it provides decent accommodation to a family. A 2-BHK flat is usually available at high range of Rs 17,000 to Rs 25,000 per month. Accommodation in posh locations like Lajpat Nagar, South Delhi, HauzKhas, Defence Colony, etc. is extremely expensive and has more number of builder flats. Some locations in East Delhi are comparatively affordable where 2-BHK flats are available at a price range of Rs. 10,000 to Rs. 15,000 per month.
Owing a 3-BHK flat is a luxury in the city. The price for rented 3-BHK house in Delhi starts at a high price of Rs 20,000 and can reach up to Rs 50,000 per month.
Searching for a rented house in busy and expensive city like Delhi needs a lot of survey and correct information about property prices. A large number of online portals are available that can assist you in finding the right rented house as per your budget and preferred location just at a click!
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