Delhi/NCR: Increase in capital prices and growth in demand has direct influence on rental prices. A similar situation is witnessed in Dwarka. Centrally located in Dwarka, Sector 4 is experiencing high price rise in rental scheme in multi-story apartments. It has been visualized and analyzed that the rates have been pulled up by nearly 20 percent.
This favour for the area was given by the Delhi Metro Train, hence easing the commuting of residents. There is a central market near the locality, due to which Sector 4 is one of the developed and posh locations of Dwarka. Also a number of schools and offices are coming up in the locale. All these factors add up to push the demands for accommodation and prices eventually.
Prices:
1 BHK flat which was available on rent for Rs.6000 is now pulled to Rs.10000. whereas rental rates of 2 and 3 BHK flats hiked to Rs.16000 and Rs.20000 respectively.
Connectivity with domestic and international airport, fine roads, malls and markets, and facility of metro and DTC buses makes Dwarka Sector 4 a favourable location for those in need of accommodation as well as people working in Gurgaon.