With economy on the rise, Delhi plays host to corporate who are in the city for business. Corporates who are in the city for a short duration of time are increasingly opting for budget hotels in Delhi for the wide range of services they offer.
Delhi being the capital is the seat for industry, business as well as for leisure . Everyday millions of travelers come to Delhi for some purpose or the other. Be it for business or for a holiday or even visiting family. Delhi is the hub of political activities with important administrative blocks of the government having offices in the capital. In the past few years with the increase in foreign investment, Delhi's economy has seen a surge in almost all sectors especially, real estate. With the metro railways being operational connecting the NCR regions of Gurgoan, Delhi and Noida, property rates are soaring. So is information technology, ITES and retail.
Delhi being the capital has been on the political radar hence its transformation and beautification has been carried out on priority basis. With the growth and development of the region in terms of and foreign investment and infrastructure, Delhi is now welcoming MNCs consider the city to be an ideal place to set up their offices. With the development of the National Capital Region or NCR, Delhi has expanded its boundaries. With the increase in community centers like shopping malls and multiplexes has further contributed to the economy. In the last few years, real esatate in Delhi has boomed thanks to the various development measures. Moreover ever since Commonwealth games that was held in 2010, Delhi has received a much needed make over. New bridges, better transport system and plush hotels have come up boosting the real estate scene further.
However, with the growth of Real Estate in Delhi, there has been a steep hike in the roperty prices of residential and commercial properties. Price of rental properties has also gone up. Given below is a breakdown of commercial property price in Delhi:
With the economy on the rise, industries have flourished giving rise to new opportunities. More and more people who are on business trips are in the look out for good budget hotels in Delhi. Location plays a very important deciding factor when it comes to deciding where to take up budget hotel in Delhi. Other factors that needs to be kept in mind are the basic amenities that come with an affordable price. Most budget hotels in Delhi provide all amenities like tv, geyser, room service but with time these hotels also provide other services like airport transfer, wifi and seminar halls and conference rooms. Thus more and more travelers are opting for these budget hotels in Delhi when on a short business trip. Its affordable, has great facilities and best being, all these budget hotels in Delhi is located in prime locations near business centres, exhibitions grounds and hospitals and railway stations.
Martin Wynn
