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Real Estate in New Delhi, India

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By Betsy Burlingame

Last updated on Feb 02, 2023

Summary: The average cost of a nice 2 bedroom home in New Delhi, India is around $200,000 USD. A nice 3 bedroom home in New Delhi is around $250,000 USD. These properties typically include modern amenities such as air conditioning, a kitchen, and a balcony. There are no restrictions on foreign ownership for properties in New Delhi. An expat should search for a home to buy in New Delhi by researching the different neighborhoods and areas of the city. They should also consider their budget and the amenities they are looking for in a home. The most desirable neighborhoods in New Delhi include Vasant Kunj, Greater Kailash, and South Extension. These areas are known for their modern amenities, safety, and convenience.

How do I find a place to live in New Delhi?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in New Delhi is to use online resources such as rental websites, classifieds, and real estate agents. You can also search for local newspapers and magazines that list available properties. Additionally, you can ask friends and family who live in the area for recommendations. Once you have narrowed down your search, it is important to visit the property in person to ensure it meets your needs and expectations," explained one person living in New Delhi, India.

"We have lived in Vasant Vihar in SW of the city. We have followed other expatriate colleagues. We have also looked around to see differences between diff zones first," said one expat in New Delhi.

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What is a typical expat home or apartment like in New Delhi?

"A typical expat home or apartment in New Delhi is usually modern and spacious, with air conditioning, a balcony, and a fully-equipped kitchen. Many expat homes and apartments also have a separate living and dining area, as well as a separate bedroom. Expat homes and apartments in New Delhi are often located in secure, gated communities with access to amenities such as swimming pools, gyms, and playgrounds," said one expat who made the move to New Delhi.

"Apartment in a house. Not necessarily. Bigger budgets lived in fantastic farm houses a bit outside - in the south," explained one foreigner living in New Delhi, India.

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What is the average cost of housing in New Delhi?

If you are thinking about moving to New Delhi, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in New Delhi can vary greatly depending on the area and type of accommodation. Generally, the average cost of renting a one-bedroom apartment in the city center is around ?25,000 per month, while a three-bedroom apartment in the suburbs can cost around ?15,000 per month. Buying a property in New Delhi can be expensive, with the average price of a two-bedroom apartment in the city center being around ?1.5 crore," said one expat in New Delhi.

"Higher. In my country, for something comparable, maybe we would pay apron 1000 - 1500 eur," remarked one member in New Delhi.

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Should I buy or rent a home in New Delhi?

If you have not spent a lot of time in New Delhi, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in New Delhi can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in the city, as well as the availability of housing. Renting a home in New Delhi can be a great option for those who are not ready to commit to a long-term purchase, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in New Delhi should be based on individual needs and preferences," said one person in New Delhi.

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What do I need to know when buying property in New Delhi?

When we asked expats what advice they would give a foreigner before buying a property in New Delhi, they said:

"When buying property in New Delhi, it is important to research the area and the property thoroughly. Make sure to check the title deed and other legal documents to ensure that the property is free from any encumbrances. It is also important to check the zoning regulations and building codes in the area to ensure that the property is suitable for the intended use. Additionally, it is important to be aware of the taxes and fees associated with the purchase of the property. It is also advisable to consult a lawyer to ensure that all legal requirements are met. Finally, it is important to be aware of the local customs and regulations when buying property in New Delhi, India," remarked one foreigner who made the move to New Delhi.

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Are foreigners allowed to own property in New Delhi?

When we asked expats what advice they would give a foreigner before buying a property in New Delhi, they said...

"Yes, foreigners are allowed to own property in New Delhi. The Indian government has made it possible for foreign nationals to purchase property in India, provided they meet certain criteria. Foreigners must obtain permission from the Reserve Bank of India before they can purchase property in India. Additionally, they must provide proof of their identity and residence, as well as proof of their source of funds. Once these requirements are met, foreigners can purchase property in New Delhi, India," said one person in New Delhi.

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What appliances are typically included in a rental?

We asked foreigners in New Delhi what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"In a rental property in New Delhi, tenants can typically expect to find a refrigerator, stove, washing machine, and air conditioner. Other common appliances include a microwave, water heater, and television. Depending on the property, tenants may also find a dishwasher, water purifier, and other small appliances," said one in New Delhi.

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Additional Information about Searching for a Home in New Delhi:

We asked foreigners in New Delhi what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in New Delhi can begin by researching online for real estate agents and websites that specialize in helping expats find homes in the area. They can also look for expat forums and blogs to get advice from other expats who have already gone through the process of finding a home in New Delhi. Additionally, expats can reach out to their network of friends and family to see if anyone has any recommendations for real estate agents or websites that can help them find a home in New Delhi," explained one expat in New Delhi.

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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