I was looking was a low cost 1 night stay in the posh diplomatic enclave in Chanakyapuri. The Youth hostel was just perfect. Very clean rooms, AC worked. Reception desk staff was lethargic and slow, took us a full 15 mins to check in. We had dinner - Rs 200 per person. If you can do everything yourself without contacting staff, looking for a no frills hotel in a posh locality, this is the best hotel.