Noida and Gurgaon are the two major property markets of Delhi NCR that have been witnessing tremendous growth over the past decades. But the real estate market of Delhi has not been performing very good. Zee News reported real estate consultant JLL India’s report that showed that the property prices in some of the popular residential colonies of the national capital have seen a downward trend. The dip has been up to 20%. This trend was shown in the prime localities like Jor Bagh, Vasant Vihar, Defence Colony and other parts of South and Central Delhi. The property prices South delhi and Central Delhi locations has fallen down by 15-20 per cent in 2013.
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