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Central Delhi - Million Dollar Baby
July 4, 2008 | Leave a Comment
The slowdown in the real estate sector has not been able to stop the affluent from buying a house at sky-rocketing prices in central Delhi’s swanky locality. Though the inflation is on an all time high but it has hardly made a difference to the well-heeled.
According to media reports, in the last two months, three high value transactions have been made worth Rs 300 crore in central Delhi’s elite Golf Links locality, where infrastructure major GMR, a prominent auto-dealer, a former Prime Minister’s son and a politician have bought a house. Limited availability of properties in the area and rising demand from rich-getting-richer customers has resulted in such price appreciation, articulate industry experts.
