Delhi & NCR residential real estate prices steady, rentals firm up in prime areas | INRnews

New Delhi, November 17, 2006 : Delhi & NCR real estate prices are likely to remain flat in the short tem. However, the high demand and limited supply of good quality accommodation in prime localities of South Delhi is likely to increase rental values by approximately 5-7% over the next quarter. Considering the projected supply of apartments in Gurgaon, the rental values in this micro-market are expected to remain stagnant.