NCR is still a patch on Delhi
HI All,
I think the recent slump period has shonw that how different is Delhi mainland from the NCR towns. The property rates in Noida, G Noida, Gurgaon have fallen like anything but you talk about the good olf colonies of Dellhi - Janak Puri, Vikas Puri, Paschim Vihar etc there is no slide at all. Still rates are as high as they were . Actually even Dwarka in Delhi also has seen Rate Falls like NCR. Reason is very simple. In colnies like Janak Puri, Vikas Puri, Paschim Vihar etc you get Markets, Transportation , everything so close to the home but in Dwarka & NCR is you leave home taking ur car then the ladies , old persons in home really have to think before stepping out if there is no additional Car at the home & still the rates in Dwarka/ NCR went sky rocketing owing to Financiers
Now with the slump the correction / fall has happend only in Dwarka, NCR prices, not the old colonies of Delhi which are well connected to all amenites
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