Top 10 Areas for Real Estate Investment in Delhi – Best Places to Invest in Property
Delhi is one of the most developing and rapidly growing real estate markets in Delhi. The city is best known for its growing infrastructure and property market which not only offers lucrative investment opportunities. With its highly opulent properties and apartments, the real estate market offers an ROI equal to 8 to 10% making it one of the safest investment havens. If you are looking to invest in Delhi, then the following are the top ten areas that are worth investment.
Top 10 Areas for Real Estate Investment in Delhi
1. Uttam Nagar
Uttam Nagar is situated in West Delhi and is a densely populated residential area with a mix of independent houses and apartments. With its proximity to Dwarka, it is home to improved infrastructure. The nearest areas include Janakpuri and Dwarka, enhancing its connectivity. The total cost of properties in Uttam Nagar varies widely, starting around Rs40 lakhs for a basic apartment. In
2. Govindpuri
Govindpuri is strategically located near Kalkaji and Nehru Place. This area offers a blend of residential and commercial spaces, making it attractive for real estate investment. The proximity to key business districts and metro connectivity enhances Govindpuri’s appeal. The total cost for properties in Govindpuri typically starts from Rs 60 lakhs, making it a relatively affordable option in the heart of South Delhi.
3. Nawada
Nawada, an emerging residential locality near Dwarka, is gaining attention for its growing infrastructure and connectivity. Adjoining areas such as Uttam Nagar and Janakpuri contribute to its overall appeal. The total investment in Nawada can range from Rs 50 lakhs to Rs 1 crore, depending on factors like property size, amenities, and proximity to metro stations.
4. Khanpur
Khanpur known for its mix of residential and commercial spaces, is strategically located with nearby localities like Saket and Malviya Nagar. The area benefits from improved connectivity and infrastructure developments. The total cost of properties in Khanpur typically starts from Rs 70 lakhs, catering to both residential buyers and investors looking for a blend of convenience and affordability.
5. New Ashok Nagar
New Ashok Nagar located in East Delhi is a well-established residential locality with good connectivity to Noida. It offers a mix of apartments and independent houses. The nearby areas include Mayur Vihar and Noida, contributing to its popularity. The total cost of properties in New Ashok Nagar varies starting from Rs50 lakhs for a modest-sized apartment.
6. Bharat Vihar
Bharat Vihar is a relatively quieter residential area with a mix of housing options. It is surrounded by localities like Janakpuri and Uttam Nagar. The total cost of properties in Bharat Vihar is relatively moderate, starting from Rs 60 lakhs. The area is known for those looking for a peaceful living environment while still enjoying access to essential amenities and transportation networks.
7. Madhu Vihar
Madhu Vihar is known for its residential pockets and proximity to commercial hubs. With areas like Preet Vihar nearby, it offers a balanced lifestyle. The total investment in Madhu Vihar can range from Rs 50 lakhs to Rs 80 lakhs depending on the property type and size. The area’s mix of residential and commercial developments makes it appealing for both end-users and investors.
8. Sector 24, Dwarka
Sector 24 in Dwarka, part of Southwest Delhi, is a well-planned residential sector. It benefits from the overall infrastructure and amenities of Dwarka. Neighbouring sectors like Sector 22 and Sector 23 enhance the area’s attractiveness. The total cost of properties in Sector 24 can range from Rs 80 lakhs to Rs 1.5 crores depending on factors like proximity to metro stations and the specific housing society.
9. Kondli
Kondlli has witnessed rapid urbanization and development in recent years. It offers a mix of residential complexes and independent houses. The area is in proximity to Mayur Vihar and Noida, contributing to its connectivity. The total cost of properties in Kondli varies, with options starting from Rs 50 lakhs. Investors are attracted to Kondli for its evolving infrastructure and potential for appreciation.
10. Ghitorni
Ghitorni is an emerging real estate hub known for its commercial and residential developments. It is strategically located near the Mehrauli-Gurgaon Road. The nearby areas include Sultanpur and Mehrauli thus enhancing its connectivity. The total cost of properties in Ghitorni can range from Rs 1 crore onwards making it a relatively upscale investment option.
FAQs
1. Where to invest money in property in Delhi?
One can invest in prime properties namely Uttam Nagar, Govindpuri, Nawada, and Ghitorni in Delhi to benefit from profit.
2. What area of real estate in Delhi is most profitable?
Areas like Bharat Vihar, New Ashok Nagar, Madhu Vihar, Khanpur and Govindpuri are considered more profitable areas in Delhi.
3. Is Delhi a good place to invest in real estate?
Yes, Delhi is a good place to invest in real estate thus offering 10 to 12% ROI from property.
4. Which area is growing in Delhi?
Sector 24, Dwarka, Madhu Vihar, Kondili, Connaught Place is considered one of the growing areas in Delhi.
