Rental Market in Delhi : A CommonFloor Report
The year 2014 began with anticipation among the real estate fraternity concerning the sixteenth general elections in the country. With the expectation from the new government to infuse fresh life and positive sentiments into the market, buyers got into the wait-and-watch mode. This political uncertainty was clearly reflected in the capital values, with most of the localities in Delhi recording a decline. However, rental markets flourished with rental values appreciating in the city. With market sentiments across Delhi being still wobbly, buyers are holding themselves from taking a plunge in the market. This has led to more people opting for rental accommodation. Thus, buyers who invested in a property for healthy rental returns evolved as winners.
“As part of ‘Real Insights’ into real estate, CommonFloor.com has come up with a detailed report on Rental Market in Delhi real estate market – one of the key micro-markets in Delhi – with in-depth analysis based on CommonFloor data.
For detailed report“ 
Rental returns is the simplest way to increase your secondary income. As more and more people migrate to Delhi in pursuit of better job and education opportunities, demand for rental accommodation is inching a new high every year. If you are looking to earn healthy rental returns, then let CommonFloor assist you. Out of several localities, our data highlights the top five localities with maximum rental yield that can garner you healthy returns on investment.
But before going further, let’s understand the definition of rental yield? Well, as per the web, rental yield is usually taken to be the annual rental value of a property as a percentage of its capital value or acquisition price. Thus, higher the rental yield, higher are the rental returns. Rental yield is mathematically represented as,
X=annual rent*100/capital values,
where X is rental yield. For instance, the annual rent of a locality is Rs 1 lakh and the capital value of an apartment is Rs 20 lakh, then the rental yield will be 5 per cent.
In the following report, we will be analysing the market and growth factors of top five localities. These include Mayur Vihar, Lakshmi Nagar, Uttam Nagar, Malviya Nagar and Dwarka. As per data with CommonFloor, these tracked localities have been recording a significant rise in rental values.
