Affordable housing options on rent in Dwarka Sector 14
Owing to the fact that the Delhi metro has catered to a number of positive factors, Dwarka, which is one of the largest areas in Asia has witnessed an increased realty boom.
Easy movement through the Delhi metro has led to the increased demand in the area especially the Sector 14 which has low budget rental options.
Although the rental values have increased over the Financial Year 2011-12, other sectors still have a lower value. The surrounding areas near the metro have witnessed a rapid growth in the property prices, but is still affordable when compared to other sectors away from the metro.
Dwarka currently has a 1 BHK unit of size 400 to 600 sq ft for Rs 6,000-10,000 per month, whereas a 2 BHK unit measuring 900 sq ft for Rs 11,000-12,000 per month in Sector- 14. Other sectors like 11 and 13 have units available for Rs 8,000-10,000 per month.
Reasons like the proximity to the metro station as the nearby Indraprastha University and National Law University are in the same sector. The staff of Indraprastha University as well as National Law University demand for such properties as they prefer staying closer.
Also the workforces of Gurgaon are coming up to this sector as they cannot afford Rs 18,000 plus rent for a 2 BHK in Dwarka sector 22 or 23.
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