High Rentals In NCR
Two-bedroom flats in Patparganj, villas in Noida
Delhi
With a budget of Rs 10,000, two- and three-bedroom apartments are available in the periphery of Delhi. Starting with east Delhi, you can get prime two-bedroom apartment in Patparganj, with an area ranging between 950 and 1,100 sq ft.
The area of two-bedroom flats in Janakpuri and Vikas Puri would be between 750 and 950 sq ft.
Dwarka is one such peripheral area of Delhi, where one can get many options. Sector 23 has three-bedroom apartments of 1,250–1,350 sq ft. Sector 9 has 1,100 sq ft, two-bedroom options, and all rentals here are negotiable.
Talking about the satellite towns and cities, Ghaziabad and Noida offer maximum number of choices. Gurgaon follows the trend.
Indirapuram of Ghaziabad, which is close to east Delhi commands high rentals these days. Mahagun Mansion offers two-bedroom units of 1,250 sq ft of built-up area. Three-bedroom units of 1,599 sq ft are available in Shipra Suncity. But there is parking problem in this colony.
Even East End Apartments offer three-bedroom apartments at an affordable rental. But in recent times, due to influx of IT professionals working in Noida, owners of these apartments have increased their rents or ask for higher security deposit money.
Noida’s sectors, 19, 23, 50, 52 and 62 have a variety of options. Rajiv Mehrotra of Sunshine Properties says, “Two-bedroom independent villas, which offer 1,120 sq ft are available in sector 19. Sector 50 has three-bedroom apartment, which offer a built-up area of 1,200 sq ft.” Sectors 62 and 52 have two-bedroom apartments that have built-up areas in a range of 1,200-1,300 sq ft.
Gurgaon has limited options in this rental range. Sushant Lok phase I can get you two-bedroom apartments. The built-up area is 650 sq ft. But the security money for these apartments is usually high.
Mumbai
This budget is too little for any decent residential unit in the island city, however, one can get some kind of accommodations at this price in some pockets of the city, and many options are available in suburban zones.
In central Mumbai you may get some options in Byculla, Chinchpokli, Kala Chowky, Parel, Shivadi, Wadala, and Antop Hills. In these places you can get self-contained one-room or at the most two rooms.
In the last two years capital value of the properties went through the roof, and so many home seekers shifted to rental. This demand added to already high demand for rental premises. With no new supply in the market the rentals went further up.
If one needs larger space and he does not mind being in the crowded suburban localities, then one can go for anything between Andheri and Borivali on the western line, where on the west side of it one can get 1-BHK flats, and 2-BHKs on its eastern side at the given budget. Dahisar may get you even 3-BHK flats.
The central suburban line will offer 1- to 3-BHK flats in different areas. Suburbs such as Kurla and Bhandup will get you 3-BHK flats while Kanjur Marg, and Vikroli will get you 2-BHK flats at the same rental. Powai, and Ghatkopar will get you 1-BHK flats.
Delhi
With a budget of Rs 10,000, two- and three-bedroom apartments are available in the periphery of Delhi. Starting with east Delhi, you can get prime two-bedroom apartment in Patparganj, with an area ranging between 950 and 1,100 sq ft.
The area of two-bedroom flats in Janakpuri and Vikas Puri would be between 750 and 950 sq ft.
Dwarka is one such peripheral area of Delhi, where one can get many options. Sector 23 has three-bedroom apartments of 1,250–1,350 sq ft. Sector 9 has 1,100 sq ft, two-bedroom options, and all rentals here are negotiable.
Talking about the satellite towns and cities, Ghaziabad and Noida offer maximum number of choices. Gurgaon follows the trend.
Indirapuram of Ghaziabad, which is close to east Delhi commands high rentals these days. Mahagun Mansion offers two-bedroom units of 1,250 sq ft of built-up area. Three-bedroom units of 1,599 sq ft are available in Shipra Suncity. But there is parking problem in this colony.
Even East End Apartments offer three-bedroom apartments at an affordable rental. But in recent times, due to influx of IT professionals working in Noida, owners of these apartments have increased their rents or ask for higher security deposit money.
Noida’s sectors, 19, 23, 50, 52 and 62 have a variety of options. Rajiv Mehrotra of Sunshine Properties says, “Two-bedroom independent villas, which offer 1,120 sq ft are available in sector 19. Sector 50 has three-bedroom apartment, which offer a built-up area of 1,200 sq ft.” Sectors 62 and 52 have two-bedroom apartments that have built-up areas in a range of 1,200-1,300 sq ft.
Gurgaon has limited options in this rental range. Sushant Lok phase I can get you two-bedroom apartments. The built-up area is 650 sq ft. But the security money for these apartments is usually high.
Mumbai
This budget is too little for any decent residential unit in the island city, however, one can get some kind of accommodations at this price in some pockets of the city, and many options are available in suburban zones.
In central Mumbai you may get some options in Byculla, Chinchpokli, Kala Chowky, Parel, Shivadi, Wadala, and Antop Hills. In these places you can get self-contained one-room or at the most two rooms.
In the last two years capital value of the properties went through the roof, and so many home seekers shifted to rental. This demand added to already high demand for rental premises. With no new supply in the market the rentals went further up.
If one needs larger space and he does not mind being in the crowded suburban localities, then one can go for anything between Andheri and Borivali on the western line, where on the west side of it one can get 1-BHK flats, and 2-BHKs on its eastern side at the given budget. Dahisar may get you even 3-BHK flats.
The central suburban line will offer 1- to 3-BHK flats in different areas. Suburbs such as Kurla and Bhandup will get you 3-BHK flats while Kanjur Marg, and Vikroli will get you 2-BHK flats at the same rental. Powai, and Ghatkopar will get you 1-BHK flats.