India Travel

Delhi Property as the 16th Most Expensive Real Estate Market of the World

Delhi, the capital of India, has been the real hotspot in the real estate industry in the country. In recent years, Delhi property market is growing at a phenomenal rate due to great improvement in the transport system, expansion plan of 65 km- long Delhi Metro Rail and the commencement of 2010 Commonwealth Games in the capital. A real estate consultancy has rated recently New Delhi as the 16th most expensive real estate market of the world and the costliest retail destination in India. The demand for real estate development is expected to remain robust across Delhi property market due to huge demand from IT/ITES sector.

Residential Real Estate:

Delhi residential real estate market segment is growing exponentially because of huge demand for housing from IT/ITES and foreign diplomats. South Delhi is the most happening residential place in Delhi property market and the rental values of residential properties like the flats, villas and duplex houses are extremely at higher end.

Commercial Real Estate:

The leading retail brands in Delhi property estate market has generated huge demand for commercial space in the city because of its large format retailing and burgeoning demand from IT/ITES segment as well.

New Delhi commercial market space is broadly classified into:

•    Central Business District – Connaught Place
•    Secondary Business District – Nehru Place & Bhikaji Cama Place in South Delhi
•    Peripheral Business District – Jasola, Saket & Noida.

Thus, Delhi is a preferred place for investors worldwide and the city is a significant destination for leading MNCs, IT/ITES companies and corporate pouring lot of investments that in turn creating a hue demand for commercial real estate space in Delhi property market.

According to industry survey, Delhi Real Estate is considered to touch greater heights in the hospitality sector with 27 new hotels and serviced apartments with more than 4900 rooms in the next 3-4 years. And, the other interesting and fascination information is that Delhi Property is expected to touch minimum hundred shopping malls by end of 2010 due to burgeoning retail space demand in Delhi real estate market.

About the Author

For more details on Delhi Property, log on to http://www.investinnest.com

Maidens Hotel, Delhi $136.97 Maidens Hotel, Delhi is located in New Delhi’s North Delhi neighborhood, close to Guru Gobind Singh Indraprastha University, Red Fort, and Jama Masjid. Nearby points of interest also include Raj Ghat and Connaught Place. Hotel Features. Dining options at Maidens Hotel, Delhi include a restaurant and a coffee shop/caf?. A bar/lounge is open for drinks. Room service is available 24 hours a day. The hotel serves Buffet breakfasts (surcharges apply). Recreational amenities include an outdoor pool, a health club, and a fitness facility. This 4 star property offers small meeting rooms, audio visual equipment, and business services. Wireless Internet access (surcharge) is available in public areas. This New Delhi property has 219 square meters of event space consisting of banquet facilities and conference/meeting rooms. The property offers a roundtrip airport shuttle (surcharge). Concierge services and tour assistance are available. Guest parking is complimentary. Additional property amenities include barbecue grills and currency exchange. Guestrooms. 55 air conditioned guestrooms at Maidens Hotel, Delhi feature minibars and coffee/tea makers. Rooms are all accessible via exterior corridors. Beds come with premium bedding. All rooms include separate sitting areas along with desks and sofa beds. Bathrooms feature makeup/shaving mirrors, slippers, complimentary toiletries, and hair dryers. High speed Internet access is available. In addition to complimentary newspapers and safes, guestrooms offer direct dial phones with voice mail, as well as free local calls (restrictions may apply). Premium satellite television is provided. Also included are windows that open and trouser presses. Guests may request hypo allergenic bedding and wake up calls. A nightly turndown service is offered and housekeeping is available daily. Notifications and Fees:All guests staying in hotel guestrooms must be registered with the hotel. The following fees and deposits are charged by the property at time of service, check in, or check out. Buffet breakfast fee: INR 725 per person (approximate amount) The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:All guests staying in hotel guestrooms must be registered with the hotel. The following fees and deposits are charged by the property at time of service, check in, or check out. Buffet breakfast fee: INR 725 per person (approximate amount) The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

Lebua New Delhi $322.86 Lebua New Delhi is located in central New Delhi, close to Dada Dev Mandir. Additional area points of interest include Ambience Mall and DLF Cyber City. Hotel Features. Lebua New Delhi’s restaurant serves breakfast, lunch, and dinner. Room service is available 24 hours a day. The hotel serves a complimentary buffet breakfast in the restaurant. Recreational amenities include an outdoor pool, a children’s pool, and a fitness facility. This 5 star property has a 24 hour business center and offers small meeting rooms and secretarial services. Complimentary wireless and wired high speed Internet access is available in public areas. This New Delhi property has 14000 square feet of event space consisting of a conference center, banquet facilities, conference/meeting rooms, and a ballroom. Wedding services, concierge services, tour/ticket assistance, and tour assistance are available. Valet parking is complimentary. Other property amenities at this Art Deco property include a coffee shop/caf?, multilingual staff, and a nightclub. Guestrooms. 394 air conditioned guestrooms at Lebua New Delhi feature minibars and laptop compatible safes. Accommodations offer city views. Bathrooms feature bathrobes, slippers, complimentary toiletries, and hair dryers. Wired high speed and wireless Internet access is complimentary. In addition to desks and complimentary newspapers, guestrooms offer phones. LCD televisions have satellite channels. Guests may request irons/ironing boards and wake up calls. Housekeeping is available daily. Notifications and Fees:There are no room charges for children 11 years old and younger who occupy the same room as their parents or guardians, using existing bedding. Children may not be eligible for complimentary breakfast, if one is offered. All guests staying in hotel guestrooms must be registered with the hotel. No pets, including service animals, are allowed at this property. The following fees and deposits are charged by the property at time of service, check in, or check out. Early check in fee: INR 28944Late check out fee: INR 28944 The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:There are no room charges for children 11 years old and younger who occupy the same room as their parents or guardians, using existing bedding. Children may not be eligible for complimentary breakfast, if one is offered. All guests staying in hotel guestrooms must be registered with the hotel. No pets, including service animals, are allowed at this property. The following fees and deposits are charged by the property at time of service, check in, or check out. Early check in fee: INR 28944Late check out fee: INR 28944 The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

Hotel Delhi Aerocity $55.04 Located in New Delhi, Hotel Delhi Aerocity is near the airport and close to AMBI Mall, DLF Emporio Vasant Kunj, and DLF Promenade Vasant Kunj. Nearby points of interest also include Ambience Mall. Hotel Features. Hotel Delhi Aerocity’s restaurant serves breakfast, lunch, and dinner. Room service is available 24 hours a day. The hotel serves buffet breakfasts (surcharges apply). This 3 star property has a 24 hour business center and offers a meeting/conference room, a technology helpdesk, and technology support staff. Complimentary wireless and wired high speed Internet access is available in public areas and the hotel has an Internet point. For a surcharge, shuttle services include a roundtrip airport shuttle (available 24 hours) and a train station pick up service. Business services, wedding services, concierge services, and tour/ticket assistance are available. Self parking is complimentary. Additional property amenities include a coffee shop/caf?, multilingual staff, and laundry facilities. Extended parking privileges may be offered to guests after check out (surcharge). The property has designated areas for smoking. A total renovation of this property was completed in December 2011. Guestrooms. 24 guestrooms at Hotel Delhi Aerocity feature air conditioning. Wireless Internet access is complimentary. LCD televisions have satellite channels. Notifications and Fees:There are no room charges for children 10 years old and younger who occupy the same room as their parents or guardians, using existing bedding. All guests staying in hotel guestrooms must be registered with the hotel. No onsite parking is available. No pets, including service animals, are allowed at this property. The following fees and deposits are charged by the property at time of service, check in, or check out. Airport shuttle fee: INR 400 per vehicle (one way)Buffet breakfast fee: INR 200 per person (approximate amount) The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:There are no room charges for children 10 years old and younger who occupy the same room as their parents or guardians, using existing bedding. All guests staying in hotel guestrooms must be registered with the hotel. No onsite parking is available. No pets, including service animals, are allowed at this property. The following fees and deposits are charged by the property at time of service, check in, or check out. Airport shuttle fee: INR 400 per vehicle (one way)Buffet breakfast fee: INR 200 per person (approximate amount) The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.

The Oberoi, New Delhi $743.55 The Oberoi, New Delhi is located in central New Delhi, close to Delhi Zoo, Humayun’s Tomb, and Old Fort. Nearby points of interest also include India Gate and National Museum. Hotel Features. Dining options at The Oberoi, New Delhi include 3 restaurants. A bar/lounge is open for drinks. Room service is available 24 hours a day. The hotel serves full breakfasts each morning (surcharges apply). Recreational amenities include an outdoor pool, a health club, and a fitness facility. The property’s full service health spa has massage/treatment rooms, facials, and beauty services. This 5 star property has a 24 hour business center and offers small meeting rooms, secretarial services, and limo/town car service. Wireless Internet access (surcharge) is available in public areas. This New Delhi property has event space consisting of banquet facilities, conference/meeting rooms, and a ballroom. For a surcharge, the property offers a roundtrip airport shuttle (available 24 hours). Business services, tour/ticket assistance, and tour assistance are available. Valet parking is complimentary. Additional property amenities include a rooftop terrace, a library, and a coffee shop/caf?. The property has designated areas for smoking. Guestrooms. 283 air conditioned guestrooms at The Oberoi, New Delhi feature minibars and CD players. Accommodations offer golf course views. Accommodations include microwaves and coffee/tea makers. Bathrooms feature shower/tub combinations with deep soaking bathtubs and rainfall showerheads. They also offer makeup/shaving mirrors, designer toiletries, and bathrobes. Wired high speed and wireless Internet access is available for a surcharge. In addition to desks and complimentary newspapers, guestrooms offer multi line phones with voice mail. Plasma televisions have premium satellite channels and DVD players. Rooms also include complimentary bottled water and safes. Guests may request irons/ironing boards, hypo allergenic bedding, and wake up calls. A nightly turndown service is offered and housekeeping is available daily. Notifications and Fees:Advanced reservations are required for massage services and spa treatments. Reservations can be made by contacting the hotel prior to arrival, using the contact information on the booking confirmation. All guests staying in hotel guestrooms must be registered with the hotel. The following fees and deposits are charged by the property at time of service, check in, or check out. Fee for high speed Internet (wired) in business center: INR 1000 (for 24 hours, rates may vary)Fee for in room high speed Internet (wired): INR 1000 (for 24 hours, rates may vary)Fee for in room wireless Internet: INR 1000 (for 24 hours, rates may vary)Full breakfast fee: INR 1000 per person (approximate amount) The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change. Notifications and Fees:Advanced reservations are required for massage services and spa treatments. R

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