Delhi, the national capital of India is a lucrative destination for real estate investment. Different localities have different property rates in Delhi. These rates depend on the civic infrastructure, connectivity, supply and demand of flats and houses in a given locality.
Delhi has some localities where lot of affordable properties are available and would be ideal for property purchase are:
1. Uttam Nagar in West Delhi has a good supply for affordable properties in standalone buildings with decent amenities. Metro connectivity is the reason for high demand in Uttam Nagar. Property rates here are Rs. 4612 per sq ft. 2. Govindpuri located in South East Delhi is close to the posh localities of South Delhi. There are many independent houses as well as builder floors available in Govindpuri. With stable property prices, the area is still developing. Metro Connectivity again plays a significant role in increasing demand and supply in the society. Current rates of property in Govindpuri are Rs. 4414 per sq ft. 3. Khanpur, located on Mehrauli- Badarpur Road has property rates as low as Rs. 3982 per sq ft. The locality is surrounded by posh localities of Delhi like Saket, Sainik Farms etc and is densely populated. All the basic amenities are available here and hence is popular among students and working population. You will find good builder floors and independent homes here. 4. Sector 24, Dwaraka a distant locality in Dwaraka close to Najafgarh drain has property rates around Rs. 4385 per sq ft. It is located close to Dwarka Expressway, where there is lot of scope of real estate development in the future. Since there is a lot of vacant land available here, lot of growth will happen in the near future. Connectivity to Gurgaon will be another plus. Currently you will get good builder floors in Sector 24, Dwaraka. Current average property price per square feet in different areas of Delhi are as follows: 1. Vikaspuri: Rs. 9990 per sq ft 2. Vasant Kunj Rs. 9966 per sq ft 3. Hari Nagar Rs. 8169 per sq ft 4. Paschim Vihar Rs. 8003 per sq ft 5. Dwarka Rs. 7130 per sq ft 6. Dilshad Garden Rs. 7083 per sq ft 7. Janakpuri Rs. 7077 per sq ft 8. Rohini Rs. 6987 per sq ftYour Feedback Matters! How was this Answer?
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Cost of 1 BHK Flat in Delhi
Sheikh Manzoor
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3 Year
2021-02-06T23:00:52+00:00 2021-02-08T15:20:19+00:00Comment
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