Having a home in Vaishali is seen as synonymous to having a flat in Delhi. There are decent numbers of Flats in Vaishali for sale nevertheless buying a house in this region is correspondingly tough as in Delhi. As per the surveys and figures Vaishali is home to more than 41,000 families out of which most of them are on rented accommodation. The reason why it’s being one among the top picks of people is the availability of services and features in this region and proximity to Delhi and Noida. Vaishali region has more than 50 top class builders constructing projects here. After the extension of Delhi metro to this region the price hike has been extraordinary. Together with residential property, the Commercial Property in Vaishali has also seen a boom in price. The overall price increase has been over 12% which itself is the mark of growth and development.Facts and figures of Vaishali
Vaishali is home to more than 41,000 families and this figure further increase due to the daily movement of people to and from this region. The demand of real estate in this region has increased tremendously in the sector of residential – buy flat and flats on rent, commercial- buying commercial space and on rent as well.
To accomplish the demand, this region has seen more than 100 builders coming in and crafting the real estate as per the need, out of which more than 50 builders are very well known and established brand in the market. Initially the construction, facilities and features were very limited but now almost all the flats are being offered with modern day amenities and facilities.
The Rent figures:
Location advantage and demand both has enforced the price in the region to go up. It can be easily estimated if we have a look over the price of this region. The price of 2 bhk apartment on rent starts from 12,000 and goes up to 17,000. The 3 bhk apartment rent is approx. 15,000 to 26,000.
There are luxury apartment buyer segment as well in this region and price segment is also very cognitive. It depends upon builder to builder, region to region and specification to specifications each flat consists of. Minimum amount to pay for 3 bhk apartment is 50 lacs and the average is 1 cr with basic luxury features. If top class luxury is what you are willing to have then, average price is 1.5 cr which goes upto 3 cr, which itself places this region in elite class. The price graph for Commercial Property in Vaishali (www.realtorprop.com/city/property-in-vaishali.htm) is from three times to four times as expensive as residential segment hence the position of Vaishali region is pretty good for investing and living purpose. And there is no doubt about it that the price appreciation will keep on continue the upward trend due to the round the clock development being still done in the region and will keep on going for next decade to come.
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