Friday, August 20, 2010

12% Hike in Delhi and NCR Housing Rentals

House rentals on an average in Delhi and NCR have gone up by 12 per cent in the April-June period this year in comparison to the same period last year as per the real estate portal 99 acres.com on Tuesday said in a report. The report, which took 3 BHK flats into consideration, said the highest appreciation during the period in South Delhi was seen in the Saket area, where rentals increased by 31 per cent followed by South Extension, Safdarjung and Malviya Nagar by 24 per cent, 22 per cent and 21 per cent, respectively.