Commonwealth Games Influences Delhi Property in India

Rental properties in Delhi are on rising trend reason is that buying Property in Delhi is life’s secured project. There are numbers of individuals who do not have enough money to buy home because of insufficient earning and insufficient savings. That is why, today Renting Property in Delhi is an ever green investment as some dealers and individual buy plots to design and construct in the manner for PG accommodation and for renting it throughout years. Delhi includes around 30% of people those are migrant these accommodation facilitates everything to them with special arrangement for food and independent kitchen facility too, which is an utmost requirement for individuals.

Renting accommodation is a lifetime investment system. Owners just have to incur maintenance cost associated while running these PG accommodations. Whereas this businesses are self-sufficient for people for secure investment and living. Rates for these PG accommodations in Delhi for boys and girls are available with different price slots that differ on factor of room sharing or non-sharing basis.

PG for girls or boys in ‘Lajpat Nagar’ is around Rs. 6,500 per month with negotiable sq. ft. area per room from 250-300 sq. ft. area whereas PG for girls/boys in ‘Govind Puri’ will cost little lower with almost same facilities with price around Rs. 4,000 per month. Food prices kept as extra depending upon personal preferences.

Whereas today prices for PG Accommodation in Delhi has showing remarkable change. The most influenced community is of students, those who are staying in Delhi for education purpose. Students are directly blaming ‘Commonwealth Games’ for the price high. Hostels running in the campus areas are reserved for October’2010 for guest’s visits. Which indeed has became golden period for private Delhi PG accommodation property in India owners as demand has increased from last year. As this year lot of colleges and institutes have announced pre-hold of campus hostels for the event of ‘Commonwealth Games’.Buy property in gurgaon as gurgaon is developing at its peak know New projects in gurgaon.

Concern is that the campus hostel rooms are issued on the restricted prices according to student’s applications and private accommodation prices are just double of the price this is an extra burden on students and parents.