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<br />
 <br /> Lush green surroundings, wide roads, and connectivity to India’s best markets and restaurants, <keyword id="679911" type="UNKNOWN" weightage="100" keywordseo="Lutyens-Bungalow-Zone">Lutyens Bungalow Zone</keyword> is a dream place to live in. If you have been to the residential colonies nearby India Gate, India's most privileged urban enclave, you know the pleasure of those living in LBZ.<br />
<br />
However, the widespread area is all set to shrink when New Delhi witnesses a paradigm shift in its real estate.<br />
<br />
The zone houses India’s political who's who and some of India's richest business tycoons. However, the Delhi Urban Art Commission (DUAC), the body that takes important decisions related to city's development, has recommended that eight super-posh residential areas be excluded from LBZ.<br />
<br />
This would mean that the floor area ratio (FAR) for these localities would be relaxed, and high-rises could make way in these areas. New building activities can also be expected to see a boost since the real estate prices in these areas will be reduced if the Lutyens tag is removed.<br /> The super posh areas that will be excluded from Lutyens if the move gets a go-ahead include <keyword id="4620956" type="UNKNOWN" weightage="15" keywordseo="Golf-Links">Golf Links</keyword>, <keyword id="722056" type="PERSON" weightage="100" keywordseo="Jor-Bagh">Jor Bagh</keyword>, <keyword id="366683" type="PERSON" weightage="100" keywordseo="Sunder-Nagar">Sunder Nagar</keyword>, <keyword id="6356819" type="PERSON" weightage="100" keywordseo="Chanakyapuri">Chanakyapuri</keyword>, <keyword id="3329538" type="PERSON" weightage="100" keywordseo="Panchsheel-Marg">Panchsheel Marg</keyword>, <keyword id="24101" type="PERSON" weightage="100" keywordseo="sardar-patel-marg">Sardar Patel Marg</keyword>, <keyword id="385171" type="UNKNOWN" weightage="100" keywordseo="Ashoka-Road">Ashoka Road</keyword> and <keyword id="3329539" type="UNKNOWN" weightage="100" keywordseo="Bengali-Market-">Bengali Market.</keyword> <br />
<br />
<a href="http://www.90caps.com/wp-content/uploads/2015/09/Photo-hc-tiwari-8.jpg"><em>Image source</em></a><br />

Lutyens Bungalow Zone all set to get smaller; eight localities including Golf Links and Jor Bagh to be removed

<br />
	Everyone wants a house in Delhi. And while buying a property in the main city has been a distant dream for many, real estate developers suggested that the property prices across the city has dipped in the past two years.<br />
	<br />
	“Residential property prices in several areas of Delhi having declined by 10-20% in 2013 and then stabilized in 2014. Fence-sitters are watching the market movements to determine if prices will slide further,” said Santhosh Kumar, international director at JLL India.<br />
	<br />
	He added, “Residential prices in established locations of South and Central Delhi such as Vasant Vihar, Defence Colony, Jor Bagh and Golf Links saw a decline of 15-20% in 2013 and remained at those levels in 2014. A correction in prices was also observed in areas like Westend, Shantiniketan, Prithviraj, Aurangzeb Road and Amrita Shergill Marg, but in a lower range of 10-15%.”<br />
	<br /> However, property prices in <keyword id="6361586" type="COMPANY" weightage="20" keywordseo="Gurgaon">Gurgaon</keyword> and <keyword id="18858" type="COMPANY" weightage="20" keywordseo="Noida">Noida</keyword> remained stable last year. According to market players, the supply in this market has been more than the demand, which has resulted in excess inventory. “A bad economy made property buyers cautious in their purchases. The consumer sentiment was down coupled with high interest rates. All tthis resulted in a sluggish demand,” said Sunil Singh, a property broker in the region. In order to boost the demands, developers have been doling out heavy discounts on their projects.<br />
	<br />
	 Interestingly, the prices in areas such as Neemrana, Sohna and Delhi’s J and L zones recorded an increase of 15% to 35% last year. This is in contrary to the negative market dynamics and the stagnant property prices in Delhi and NCR. “The only exception to the appreciation observed in these locations was Yamuna Expressway, which remained stable. However, low land prices and development potential continue to help Yamuna Expressway remain an attractive destination for investors” added Kumar.<br />
	 <br />
	BI India shares some tips offered by Kumar for home buyers interested in investing in Delhi and NCR.<br />
	<br />
	<strong>South and Central Delhi</strong><br />
	<br />
	According to Kumar, if you are interested in buying an apartment in South and Central Delhi, then 2015 is a great time to do so. “The next six months are likely to witness an increase in developers’ pain; persistent negotiation can result in excellent deals,” said Kumar.<br />
	<br />
	<strong>Gurgaon and Noida</strong><br />
	<br /> According to market players, <keyword id="20486" type="UNKNOWN" weightage="20" keywordseo="Golf-course">Golf course</keyword> road in Gurgaon is the next upcoming area apart from Sohna Road and Dwarka Expressway. However, in Noida, Kumar has advised property investors and home buyers to invest in projects in Noida-Greater Noida Expressway and Noida City, that are being built by developers with proven credibility.<br />
	<br />
	<strong>Delhi J</strong> <strong>and L zone</strong><br />
	<br />
	For the ultra rich property buyers, buying or developing farmhouses or townhouses is a good option. “However, due diligence highly advised for buyers,” noted Kumar.

How
to know for sure if 2015 is a good time to buy property in Delhi?

<br />
Buying your dream home at a locality like Vasant Vihar, Defence Colony, Jor Bagh and Golf Links in Delhi has always come with a statutory warning of  burning a hole in your pocket. But  you would be happy to learn Home prices in many prime locations of the national capital have gone down by up to 20% since 2013 even as emerging locations in the region have seen a rise of 10-35%.<br />
<br />
As per a news report by The Economic Times, while prices in Gurgaon and Noida remained static at Rs 6,500-17,000 per sq ft and Rs 5,500-8,000 per sq ft, respectively since 2013, emerging NCR locations such as Neemrana, Sohna and Delhi's-J and L zones have stolen the show.<br />
This study conducted by property consultancy JLL India shows, residential prices in areas of south and central Delhi has suffered a decline of 15-20% in 2013 and remained at those levels in 2014. A correction in prices was also observed in areas like West End, Shanti Niketan, Prithviraj, Aurangzeb Road and Amrita Shergill Marg, but in a lower range of 10-15%, says the report. <br />
<br />
A correction in prices was also observed in areas like West End, Shanti Niketan, Prithviraj, Aurangzeb Road and Amrita Shergill Marg, but in a lower range of 10-15%, says the report. <br />
"The Delhi NCR market is under stress, which means that valuations remain attractive for end users. This also points to opportunities for distress sales and bargain buys for investors / buyers," says Santhosh Kumar, CEO, operations and international director, JLL India. <br />
<br />
Kumar feels sound fundamentals of the emerging locations enabled them to beat the negative trend and saw very good price appreciation. "While Neemrana has massive industrial development along with good connectivity through the NH-8, Sohna promises the next wave of industrial and residential growth in Gurgaon. Delhi's J-zone has the location advantage of South Delhi and the L-zone is in an area adjoining the upcoming Dwarka-Gurgaon Expressway."<br />
<br />
High home loan rates, liquidity crunch and lack of developer-friendly reforms have plagued the residential real estate market off-late. Delhi-NCR has been worst affected with an unsold inventory of nearly 154,000 units in 2014.<br />
<br />
In terms of months, Gurgaon has unsold inventory of 33 months and Noida of around 38 months. <br />
<br />
(Image: India Times)<br />

If you have been planning to buy a home at a posh Delhi locality, now is the time

<p>We recently published a list of the <a href="http://www.businessinsider.com/best-hotels-in-the-world-2015-9">30 best hotels in the world</a>, and several of the properties that made the list are in India.</p><p>Many of the country's hotels are actually former palaces that have been turned into hotels and still treat their guests like royalty. India is renowned for its incredible hospitality, and these hotels' lavish interiors and stunning gardens and pools make them ideal destinations for any traveler looking for luxury.</p><p>Here are the 7 best hotels in India.</p><h3>7. Rambagh Palace, Jaipur</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>TripAdvisor</span></p></div><p></p></div></div></p><p><a href="http://www.tajhotels.com/luxury/grand-palaces-and-iconic-hotels/rambagh-palace-jaipur/overview.html">Rambagh Palace</a> provides guests the chance to feel like royalty. They can dine in the palace's former ballroom, play polo, take an elephant ride, or sleep in the legendary peacock suite, which overlooks the Mughal terrace and garden where the king used to celebrate festivals. The rooms and tents feature rich colors, historical artifacts, and lavishly ornate furniture.</p><p><a href="https://www.yourreservation.net/tb3/index.cfm?bf=Luxury_Hotels&amp;language=EN&amp;country=IN-XX&amp;city=JAI001&amp;hotelCode=HLTJAIRP&amp;ratecalendar=T07&amp;arrivaldate=2015-10-07&amp;departureDate=2015-10-08&amp;rooms=1&amp;children=0&amp;adults1=2&amp;childrenages=&amp;plprun=1&amp;_=1444246224894">Rooms start at around $663.</a></p><h3>6. The Oberoi, New Delhi, New Delhi</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>TripAdvisor</span></p></div><p></p></div></div></p><p><a href="http://www.oberoihotels.com/hotels-in-delhi/">The Oberoi, New Delhi</a> offers sweeping views of the Delhi Golf Course on one side and of Humayun's Tomb - a UNESCO World Heritage Site - on the other. Each of the rooms are furnished with plush carpets, blackout curtains, and king-sized beds, and its 3,500-square-foot Kohinoor Suite includes its own private butler, treadmill, and massage bed. Guests can also enjoy a Sunday buffet with an array of international dishes and incredible views at Threesixty°.</p><p><a href="https://www.expedia.com/Delhi-Hotels-The-Oberoi.h26298.Hotel-Information">Rooms start at around $233 per night.</a></p><h3>5. Taj Lake Palace, Udaipur</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span><a href="http://www.flickr.com/photos/apapp/8069818890/">Flickr/apapp</a></span></p></div><p></p></div></div></p><p>At <a href="http://www.tajhotels.com/luxury/grand-palaces-and-iconic-hotels/taj-lake-palace-udaipur/overview.html">Taj Lake Palace</a>, guests are taken to a stunning palace that sits against the backdrop of the Aravalli Range. Here, guests can sail on a 150-year-old Gangaur boat and be waited on by a royal butler.</p><p>Each of the 66 rooms and 17 suites within the resort are adorned with mosaics, artifacts, and frescoes that create an inviting yet palatial environment.</p><p><a href="https://www.expedia.com/Udaipur-Hotels-Taj-Lake-Palace.h526333.Hotel-Information">Rooms start at around $452 per night.</a></p><h3>4. Taj Mahal Palace, Mumbai</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>TripAdvisor</span></p></div><p></p></div></div></p><p><a href="http://www.tajhotels.com/luxury/grand-palaces-and-iconic-hotels/the-taj-mahal-palace-mumbai/overview.html">Taj Mahal Palace</a> has played host to Maharajas and dignitaries thanks to its lavish suites that offer views of the Gateway of India, the Arabian Sea, and of Mumbai's bustling city. With 24-hour butler service that is available at the touch of a button, visitors can be catered to like royalty during their stay.</p><p>For prime dining, guests can enjoy meals prepared by top chefs like Chef Morimoto, known for his notable Japanese restaurants, and Chef Oberoi, who has served as a personal chef to heads of state for years.</p><p><a href="https://www.expedia.com/Mumbai-Hotels-The-Taj-Mahal-Palace-Mumbai.h1351876.Hotel-Information">Rooms start at around $228 per night.</a></p><h3>3. The Oberoi Amarvilas, Agra</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Oberoi Amarvilas</span></p></div><p></p></div></div></p><p class="p1"><span class="s1"><a href="http://www.oberoihotels.com/hotels-in-agra/">The Oberoi Amarvilas </a>is located near the iconic Taj Mahal and offers visitors breathtaking views of the monument. Cascading fountains and arched passageways decorated in gold leaf frescoes lead guests inside. </span></p><p class="p1"><span class="s1">Its rooms include dark sandstone and white marble, while Mughal coins and antique Indian fabrics adorn the walls. </span><span class="s1">Guests can <keyword id="6354692" type="ORGANIZATION" weightage="100" keywordseo="Travel">travel</keyword> in private golf buggies during the day or go for a candlelit dinner near the Taj Mahal at night. </span></p><p class="p1"><a href="https://www.expedia.com/Agra-Hotels-The-Oberoi-Amarvilas.h551355.Hotel-Information?chkin=04%2F01%2F2016&amp;chkout=04%2F02%2F2016&amp;rm1=a2#chkin=04/01/2016&amp;chkout=04/02/2016&amp;rm1=a2">Rooms start at around $752 per night.</a></p><h3>2. The Oberoi Rajvilas, Jaipur</h3><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span><a href="http://www.oberoihotels.com/hotels-in-jaipur/gallery.aspx">Oberoi Hotels</a></span></p></div><p></p></div></div></p><p><span class="s1">Feel like royalty at the breathtaking <a href="http://www.oberoihotels.com/hotels-in-jaipur/">Oberoi Rajvilas</a>, set in a 32-acre oasis of gardens. You'll find yourself surrounded by exotic bird life, a stunning 18th-century Shiva temple, gold leaf frescoes, magnificent crystal chandeliers, and relaxing swimming pools.</span></p><p class="p1"><span class="s1">Built in the traditional Rajasthani style, the resort offers a luxurious spa, master suites, and private dining pavilions for guests.</span></p><p class="p1"><a href="https://www.expedia.com/Jaipur-Hotels-The-Oberoi-Rajvilas.h790963.Hotel-Information">Rooms start at around $617 per night.</a></p><h3>1. The Oberoi Udaivilas, Udaipur</h3><p> <div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Oberoi Udaivilas</span></p></div><p></p></div></div></p><p>Taking the No. 1 spot on this year's Travel + Leisure world's best hotels list, the <a href="http://www.oberoihotels.com/hotels-in-udaipur/">Oberoi Udaivilas</a> borders the serene waters of Lake Pichola and is spread over 50 acres, complete with a wildlife sanctuary. The hotel was built to reflect the layout of Udaipur - outdoor corridors link the hotel's various domes and serve as ideal walkways to enjoy the magnificent view.</p><p>The intricate architecture and room designs were inspired by India's Mewar region, and t<span>he whole experience of staying here is over the top. Guests arrive at the grand estate by private boat, then go on to their private suites, many of which have private pools and terraces.</span></p><p><a href="https://www.expedia.com/Udaipur-Hotels-The-Oberoi-Udaivilas.h809492.Hotel-Information">Rooms start at around $362 per night.</a></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/reunion-island-shark-problem-surfing-mh370-2015-8">This surfer's paradise - where officials say debris from MH370 washed up - is better known for deadly shark attacks</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="l4bTcxdzrGQ2uTJT4ilzsdWzw0LJyZ3e" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

You Searched For "Golf Link Delhi" and got 4 results

Lutyens Bungalow Zone all set to get smaller; eight localities including Golf Links and Jor Bagh to be removed

BI India Bureau

How to know for sure if 2015 is a good time to buy property in Delhi?

Purba Das

If you have been planning to buy a home at a posh Delhi locality, now is the time

BI India Bureau

The 7 best hotels in India

Sarah Schmalbruch

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