Accommodation in Delhi
Finding accommodation in Delhi can be considerably more difficult than in other expat destinations. The high demand for housing and rapidly expanding population has sent prices through the roof and the availability of apartments and alternative property is limited.
Most expats who relocate to Delhi for work purposes will find that their employer is willing to assist in the search for accommodation. In many cases, the employer will in fact have accommodation already secured for their employees. Although this limits the expat's choice to some degree, it actually saves them a lot hassle as well. Usually, the accommodation provided by employers is comfortable and located in close proximity to the expat's workplace.
Those that are not lucky enough to receive support from their employer may find the search for a home in Delhi somewhat more difficult and should ideally hire a real estate agent to assist with their search.
Types of accommodation in Delhi
An individual's choice of accommodation in Delhi will depend on their lifestyle and the neighbourhood in which they wish to reside. Most of the housing in and around Delhi's city centre consists of modern high-rise apartment complexes, villas and condos. In some suburbs, expats might find old colonial properties available as well.
Finding accommodation in Delhi
It is possible to do some research online before arriving in India, making use of property portals and expat groups to become more familiar with the options available. This ensures that expats have some basic knowledge about Delhi's property market.
Once in India, internet and newspaper listings are a good source of information on property, but the best option for an expat is to enlist the help of an estate agent. These professionals do charge a fee but have intimate knowledge of the property market and understand the process of securing a rental property in Delhi.
Renting accommodation in Delhi
Rental prices vary according to neighbourhood and often depend on the age of the house. New buildings can be up to double the rent of older buildings next door. Expats should therefore bear in mind that price is not necessarily equated with quality when it comes to accommodation in Delhi.
There is no ‘rule of thumb’ for price calculation of the rental of a property, as in many Western countries. Landlords can generally ask for whatever they want – the agent should then be able to tell the tenant if the proposed amount is in line with the rental costs of comparable properties in the surrounding area.