Delhi
A budget of Rs. 50,000 as rent is handsome amount to get a 3-BHK flat in most of the posh localities of South Delhi.
Residential apartment in Y-Block of Hauzkhas offers a ground floor flat spread in 1900 sq ft. In the near by Gulmohar Park,one can obtain a builder floor in an area of 1200 sq ft. The J-Block of Green Park has builder floor of an area of 200 sq ft.
The M-Block of Greater Kailash II and other blocks of GK-I offer independent floors in this budget.
In Saket,one can rent builder floors in an area ranging from 1200 to 2700 sq ft. depending on type of construction in this budget. Geetanjali Enclave in South Delhi has residential apartment spread in an area of 3240 sq ft.
Vineet Singh,Business Head,99acres.com says,A Rs. 50K budget will fetch a decent 3 BR apartment in localities like Saket,Greater Kailash,Gulmohar Park areas of South Delhi & 4 BR options in areas like Malviya Nagar,Lajpat Nagar,Kalkaji of South Delhi. In other parts of Delhi one has a wide choice of 3-4BR apartments and independent houses. In the suburbs of Noida and Gurgaon one can get either a 4+ bedroom apartment or an independent house.
In Noida,Sector 15-A offers independent house and villa in this budget. At ATS Village in Sector 93-A,one can hire a flat in an area of 2900 sq ft.
Oakwood Estates in DLF City,Gurgaon has residential apartment in 1900 sq ft. in this budget. At Heritage City in DLF City Phase II,the residential apartment of 3100 sq ft is available.
In a budget of Rs 50,000 rental per month,the options in residential properties are unlimited while the commercial space is restricted to booths across the tri-city and a few showrooms in the inner markets or developing sectors. Also,options are available in the commercial complexes coming up in the Industrial Area. The rentals on an average are Rs 20-25 per square foot.




