I'm currently in my final year and am considering accepting placement opportunities in cities where I do not wish to stay in the long run. Is it easy to relocate to cities like Delhi NCR after 1-2 PQE?

You can never be sure, wait it out and get the place you want to be at

Bumppp

Moving in the corporate / projects cap marks side of things should be straightforward. Moving on the lit side will be fairly tough from what I understand. In house opportunities in NCR are few and far between compared to BLR / BOM.