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And Delhi's suburbs—Gurgaon, Noida, Ghaziabad, Greater Noida and Faridabad—stay the worst for investing in new homes.
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Lab house is even tighter, with rents topping $seventy one per square foot on average, while the vacancy price dropped to three percent in the first quarter, according to actual estate firm Transwestern.
The Dwarka Expressway, Yamuna Expressway, New Gurgaon region and Noida Extension are some areas in Delhi's suburbs that are reeling from this real estate disaster—and in 2014, unsold stock in these parts elevated by as much as 14%.
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