Delhi: Turning unaffordable, but hopes high

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The National Capital Territory (NCT) is the second most populous metropolis in India after Mumbai. (Reuters) The National Capital Territory (NCT) is the second most populous metropolis in India after Mumbai. (Reuters)
SummaryThe National Capital Territory (NCT) is the second most populous metropolis in India after Mumbai.

at least 39 nations. This will also uplift the residential and commercial sector of the city. In this area, the housing apartments are available in the range of Rs 10,000–16,000 per sq ft.

One can only hope that good sense will prevail and government will announce the development policy soon, failing which Delhi may see another round of development of un-authorised colonies while suburbs continue to get out of reach of the common man.

— The author is MD, Bajaj Capital. With inputs from Sunil Agarwal, principal advisor, Bajaj Capital Realty

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