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Which are the top 10 affordable localities in Delhi for buying a house?

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0 2023-04-28T17:44:23+00:00

I had to relocate to New Delhi, after getting a new job offer. However, I was not in a position to pay hefty rental amount.  So I began looking for the cheapest place to live in Delhi. I learned that there are various reasonably priced areas where people can even purchase a flat. 

Check out affordable flats for sale in Delhi via NoBroker 

I can share the names of certain places which I consider as the best place to buy house in Delhi.

What are the best place to buy flat in Delhi?

These areas are some of the best place to buy home in Delhi.

Best place to buy property in Delhi Average price for 2BHK

Saket

Rs.

3,876,923.10

Mayur Vihar

Rs.

4,180,000

Lajpat Nagar

Rs.

7,700,000

Burari

Rs.

3,900,000

Sarita Vihar

Rs.

6,500,000

Nirman Vihar

Rs.

3,300,000

Karkardooma

Rs.

4,500,000

Madhu Vihar

Rs.

1,900,000

Kundli

Rs. 38000000

Rohini Sector 24

Rs.

5,500,000

After knowing the best area in Delhi to buy flat, I’d like to say that a number of affordable housing programmes are offered by the Delhi Development Authority (DDA) and private developers, including the Pradhan Mantri Awas Yojana (PMAY), which offers financial aid to eligible individuals and families for the construction or purchase of a home. In order to know Which area of Delhi is best to live, you must conduct a thorough research just like I did. In terms of livability, I found South Delhi quite posh.

To expand on the Delhi best place to buy house, I’d also like to highlight the areas of  Kalkaji, Munirka, and Mukherjee Nagar are some of the cheapest neighbourhoods in Delhi to rent flats. 

These regions provides a variety of affordable housing alternatives, including shared apartments, hostels, and paying guest accommodation. Before choosing a location, it's crucial to conduct research and visit the region to make sure it satisfies your needs in terms of amenities, accessibility, and safety.

I hope this suffices your query about the cheapest place to live in Delhi. I hope this helps:)

Read More:

Which are the top 5 locations to Invest in Residential Real Estate in Delhi? What are some of the decent localities to rent a 2BHK within 20k budget near Nehru place, Delhi? 
Being the capital of the country and having, Delhi is one of the real estate hubs in India. The city accommodates high budget as well as low budget localities. So here are top 10 affordable localities in Delhi for buying a house 1. Uttam Nagar Uttam Nagar is located in the western part of the city and has seen drastic change in terms of real estate space. Uttam Nagar has become a preferred locality for young professionals, as well as families who can rent houses at an affordable rate. The property price in Uttam Nagar is around Rs. 4,600 per sq ft. 2. Chhattarpur Chhattarpur is known for its big houses and destination for wedding gardens. However, the area is quite affordable and if you want a huge house with a spacious open area, then you should consider Chattarpur. You can find a pocket-friendly property in Chattarpur as the property rates start at around 5K/sq ft. 3. Govindpuri Govindpuri is located in south-east Delhi. Here, the property prices have been stable for a long time. In terms of connectivity, there is excellent metro connectivity. The area mainly has independent houses as well as builder floor properties. This makes it an affordable option for property buyers. Currently, the property rate in Govindpuri is around Rs 4,400 per sq ft. 4. Khanpur Located in the southern part of Delhi, Khanpur is one of the densely populated areas with very less open spaces. The majority of the houses in Khanpur include independent homes and builder floors. The area has a high percentage of tenants and is dominated by students and the working population and. 5. Bharat Vihar Located in Dwarka, Delhi, Bharat Vihar is a lesser known locality. It is one of the top affordable property options in Delhi NCR. It is situated next to Dwarka Sector 14 and has an excellent metro connectivity. The area is still in the developing phase. But due to proximity to various employment hubs, it has been witnessing huge infrastructural development. Currently, the property prices in Bharat Vihar is Rs 4,405 per sq ft. 6. Sector 24, Dwarka Sector 24 is one of the low budget sub-region bordering the Najafgarh drain in Dwarka. The area is underdeveloped but the proximity to the high potential development corridors of Dwarka Expressway has attracted a lot of investments. This expressway connects this side of Delhi with Gurgaon. The average property price in Sector 24, Dwarka is Rs 4,300 per sq ft. 7. Ghitorni Ghitorni is located in south-west Delhi and borders Gurgaon. It is a semi-developed locality adjacent to posh areas of Vasant Kunj, Mehrauli and Arjan Garh. It has its own metro station on the Delhi Metro’s Yellow Line that connects to Gurgaon, as well as Connaught Place. Average property rates in Ghitorni is Rs 4,700 per sq ft. 8. Laxmi Nagar Laxmi Nagar, is the central location and focal point for the east Delhi area. It is a prominent residential choice as it is close to ITO and Noida. Due to the presence of educational hubs, Laxmi Nagar has many students residing in this area on rent. Average property rates in Laxmi Nagar is Rs 5,600 per sq ft. 9. New Ashok Nagar New Ashok Nagar is one of the famous localities for people who want to stay in Delhi but want to enjoy the proximity to Noida. It is located between Mayur Vihar and Noida. There are several completed as well as upcoming housing societies with finest amenities inside. The average property rates in New Ashok Nagar is Rs 4,400 per sq ft. 10. Nawada Nawada is situated in west Delhi. It has attracted several realty investors due to the presence of a number of affordable builder floor options in the area. Its proximity to Dwarka and pocket-friendly options for those who want to stay close to the metro line is the main reason why people invest here. Currently, the average property rate in Nawada is around Rs 4,800 per sq ft.

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