{"id":24170,"date":"2013-09-14T10:00:31","date_gmt":"2013-09-14T04:30:31","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=24170"},"modified":"2020-06-15T03:41:15","modified_gmt":"2020-06-14T22:11:15","slug":"24170-cbre-delhi-residential-prices-drop-by-12-in-first-half-of-2013","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/24170-cbre-delhi-residential-prices-drop-by-12-in-first-half-of-2013\/","title":{"rendered":"CBRE – Delhi Residential Prices Drop by 12% in First Half of 2013"},"content":{"rendered":"

\"CBRE\"World\u2019s leading real estate services adviser, CBRE conducted a research which stated that as compared to second half of the previous year, residential prices in the country capital has been declined by 12%. Price declination is mainly due to the lower demand and the current high property rates.Due to the restrain in demand levels, both capital and rental values across majority of the micro-markets in Delhi have led to modification. According to the report presented by CBRE regarding residential market, the capital value in premium, high-end as well as mid-segments have declined by about 9 to 12% during the review period.Most of the real estate developers are focusing on clearing the existing vacancy levels and have delayed the launch of new stock. CBRE South Asia Pvt Ltd Chairman and Managing Director notified that the residential market of NCR is observing lower levels of activity mainly due to the escalated property prices. In case of leased properties, areas such as South Extension and Greater Kailash I and II observed drop in rentals by approximately 12 to 13% during the review period whereas micro markets like Vasant Vihar, Panchsheel Park and Westend witnessed a rental decline of about 9 to 11% during the first half of 2013.The report further added that due to affordability, developer profile and location factors some of the projects in Gurgaon<\/a> are observing marginal price appreciation. There was a marginal price appreciation in some of the micro markets of Noida including the projects that are located along Noida- Greater Noida Expressway that observed appreciation of about 5 to 6 %. Some of the projects that are present in the burgeoning micro-markets such as Noida Extension is also witnessing similar appreciation during the review period.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

World\u2019s leading real estate services adviser, CBRE conducted a research which stated that as compared to second half of the previous year, residential prices in the country capital has been declined by 12%. Price declination is mainly due to the lower demand and the current high property rates.Due to the restrain in demand levels, both […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-24170","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"\nCBRE - Delhi Residential Prices Drop by 12% in First Half of 2013 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/24170-cbre-delhi-residential-prices-drop-by-12-in-first-half-of-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBRE - Delhi Residential Prices Drop by 12% in First Half of 2013 -\" \/>\n<meta property=\"og:description\" content=\"World\u2019s leading real estate services adviser, CBRE conducted a research which stated that as compared to second half of the previous year, residential prices in the country capital has been declined by 12%. 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