Why is Rent in Delhi So Expensive?
New Delhi, the capital city of India, is known for its rich history, bustling markets, and high standard of living. However, one aspect that often stands out is the high cost of renting a home. Specifically, in posh localities like Anand Lok, the rent for a 3 BHK flat can start from Rs 15 crores onwards. Here’s an in-depth look at why rent in Delhi is so expensive.
Prime Location and Connectivity
Delhi’s strategic location and excellent connectivity make it a highly desirable place to live. Areas like Anand Lok are well-connected to major parts of the city via roads and metro lines. The proximity to business districts, educational institutions, and healthcare facilities adds to the appeal, driving up the demand and, consequently, the rent.
Size and Quality of Homes
In Anand Lok, 3 BHK flats are available in sizes ranging from 250 sqyds to 800 sqyds. These spacious homes come with modern amenities and are built to provide luxury and comfort. The availability of multiple floor options, including ground floor + basement, first floor, and second & third floor with a terrace, adds to the exclusivity and price of these properties.
Limited Supply and High Demand
Delhi, especially in prime areas like Anand Lok, has a limited supply of high-quality residential properties. The demand for such properties is high due to the influx of professionals, expatriates, and affluent individuals looking for upscale living options. This mismatch between supply and demand significantly drives up rental prices.
Top-Notch Property Dealers
Property dealers like Property Masterz, who are top-rated in Anand Lok for residential builder floors and apartments, play a crucial role in maintaining the exclusivity and high standards of these properties. They offer over 50 apartments and builder floors for rent and sale in Anand Lok. Their expertise ensures that only the best properties are available, which naturally come at a premium price. For inquiries, you can contact them at +91-8376991956.
Proximity to Premium Healthcare and Educational Institutions
Living in Anand Lok means being close to some of the best hospitals and schools in Delhi. Nearby healthcare facilities include:
- SCI International Hospital
- Sama Hospital
- Ayu Health Hospitals
- Max Multi Speciality Centre, Panchsheel Park
- Indraprastha Apollo Hospital
- Oncoplus Super Speciality Hospital
- AIIMS Hospital
- Rosewalk Healthcare – Rainbow Children’s Hospital, Panchsheel Park
- Shanti Mukand Hospital
- Manav Medicare Centre
- Wockhardt Hospitals
- New Ganga Hospital
- Home Health Care
- Dental Services
- Max Super Speciality Hospital
- Ganga Medical Centre
- Lok Nayak Hospital
- Elevation Medicare Solutions
- Medanta Mediclinic
- Masjid Moth Municipal Clinic
- Sobhagya Deep
- Private Ward III
- Dr. Arvind Taneja Clinic
- Mahogany Hospital
- Dr. Poonam Tara Clinic Green Park
- Safdarjang hospital opd
- Anand Multispeciality Hospital
Nearby schools include:
- Kendriya Vidyalaya Andrews Ganj
- The Indian School
- Srimad Daya Nand Ved Vidyalaya
- The Foundation School
- Government Boys Senior Secondary School
- Sarvodaya Bal Vidyalaya
- Janta Adarsh Andh Vidyalaya
- NDMC School
- MCD Co-Ed School Andrews Ganj
- Bal Vikas Vidyalaya
- Fieldwork
- MCD Primary School
- Father Agnel School
- The Waulden Buddies
- Kendriya Vidyalaya Masjid Moth, Sadiq Nagar
- Sarvodaya Kanya Vidyalaya
- R.L. Educational Academy
- ASOSE Andrewsganj, Dr B.R. Ambedkar School of Specialised Excellence Andrewsganj
- Kalashram Kathak School by Pt. Birju Maharaj
- R.L.Model School
Conclusion
The high rent in Delhi, particularly in areas like Anand Lok, can be attributed to a combination of factors including prime location, high-quality and spacious homes, limited supply, high demand, and proximity to top-notch healthcare and educational institutions. While the cost may be steep, the lifestyle and amenities offered make it a worthwhile investment for those seeking luxury and convenience in the heart of Delhi. For the best rental options in Anand Lok, contact Property Masterz at +91-8376991956.