Property trend in Vasant Vihar - South Delhi

If you are having good budget and searching for the property i.e. commercial or residential than prefer Vasant Vihar (South Delhi). Its known as posh area because all those who are having property in this area belong to very high class of society and having high standard of living. Since Vasant Vihar is known as the classiest location in South Delhi, the property value is really sky-scraping as compare to other places in south Delhi. Availability of bungalow high class apartments, homes, offices, etc. having rental value starts from Rs. 65 to 100 per square feet and almost double as compare to other locations in South Delhi. , And in case some property is rented than a high amount is to be paid in advance as security deposit. There is no vacant plot is available in Vasant Vihar. Apartments, flats, offices, homes, bungalows etc which are available are costlier and are hired or sold at very high price.Rental ValueVasant Vihar residential Property’s rent is very high and starts from Rs.35,000/- (monthly) onward and based on no. of facilities available therein. Similarly rented office is also having very high rental value starts from Rs,. 45,000/- (monthly) onward depends on the location i.e. closeness to Market, connectivity to roads, parking facilities etc. As per the market analysis Independent floor’s capital value varies from Rs. 60,000 per sq. yrd. to Rs. 5.5 lacs, based on the location, facilities and size and structure of the property. Current rental value of showroom (In Basant Lok Market) starts from Rs. 1 lac onward and varies as per the size and structure. For example VLCC, Saloon, ATm’s, Mc. Donald, Pizza Hut, Nirula’s, Reebok, Yo-china etc. are paying very high rental value because all these are located in main market i.e. Basant Lok and because of this location they are easily traced as this place is the main hub of Vasant Vihar.Thus if you have big and good budget to invest in property and looking for long term profit then invest in property in vasant vihar.

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