Flats for Sale in New Delhi

Wondering whether you should buy a flat in Delhi? Here are a few good reasons why apartments in Delhi will elevate your life. Delhi is a city that offers various job opportunities. Certain reports suggest that Delhi has become a leading destination for private equity investments.

In addition, Delhi's real estate market experienced a remarkable surge in the third quarter of 2024. Major infrastructure projects like Delhi Metro expansion, Central Vista Redevelopment, and Dwarka Expressway have improved connectivity and boosted the appeal of various residential areas.

The government’s emphasis on sustainable and green living, combined with the strong cultural aspiration for homeownership, has further helped increase the demand for homes in Delhi. Plus, the hybrid work trends have also contributed to an increased interest in residential properties across the city.

If you are worried about the residentia...Read morel areas where you can buy flats in New Delhi for sale, rest assured that many areas have huge potential for progress. In the third quarter of 2024, the residential market in Delhi witnessed a substantial quarter-on-quarter (QoQ) demand growth of 17.2%. However, the QoQ supply of listings declined by 4.7% during this period. With demand outpacing supply, residential property prices in Delhi increased by 4.5% QoQ.

The average rate of under-construction properties recorded QoQ price growth of 11.1%, but ready-to-move properties saw a price dip of 27.2%. In Delhi’s residential market, 3 BHK flats in Delhi were in demand, and 65% of homebuyers preferred this configuration. At the same time, buyers searched for INR 10,000 – 20,000 properties per square foot segment.

After analyzing the quarterly trends, 3 BHK properties had the highest quarterly growth, from 4.8% in the second quarter of 2024 to 14.8% in the third quarter of 2024.

Some of the most searched projects on the Magicbricks portal include Rama Apartment, DDA Flats Sarita Vihar, Daffodils Apartment, Chandanwari Apartments, Swami Dayanand Apartment, DLF Capital Greens 1 and 2, JVTS Gardens, Godrej South Estate, DLF Chattarpur Farms and Rohini Heights.

Some of the top localities with top residential properties include Sector 11 Dwarka, Sarita Vihar, Sector 6 Dwarka, Sector 10 Dwarka, Moti Nagar, Chhattarpur, Okhla and Rohini.

Dwarka and Greater Kailash topped the list of areas with the highest demand and supply. Delhi’s housing market is centred on the southern region, influenced by its proximity to the airport and improved accessibility to employment centres in neighboring satellite cities like Gurgaon and Noida.