Blend of rural and urban lifestyle drive rentals in Hauz Khas
Want to enjoy a perfect blend of rural and urban life? If yes, Hauz Khas is worth a visit! Surrounded by Green Park to its West, Gulmohar park to the North, Outer Ring Road to the South and Asiad village in the East, it is one of the prominent localities in the capital city.
Developed by DLF during 1960s as Hauz Khas Enclave, it comprises of blocks named A to Z. Hauz Khas enjoys swift accessibility to important areas of the city. The domestic terminal of Indira Gandhi International Airport is about 11Km away, while the International terminal is about 16 km from here. The Hazrat Nizamuddin Railway Station is at a distance of 8km. Hauz Khas also enjoys good metro and bus connectivity with its own metro station and bus stand.
Rental Market
Though a plethora of options are available, with 38 per cent, builder floor dominates the prefered property type, closely followed by independent houses (35 per cent) and apartments (32.4 per cent).
As per data with CommonFloor, a 1BHK apartment cost about Rs 10,000-20,000 per month. This is mainly because of the locational advantage that Hauz Khas enjoys. A 2BHK apartment is usually available in the range of Rs 20,000-60,000 per month, depending upon the location of the property and amenties offered.
For 3BHK independent houses, rental price vary from Rs 60,000 to Rs 1.25 lakh depending upon the location and level of furnishing. However, for 4 BHK houses, the range varies from Rs 80,000 to about Rs 4.5 lakh.
Social Infrastructure
Hauz Khas also boasts of good social and physical infrastructure. There are several prestigious colleges and schools in the vicinity. These include IIT Delhi and the National Institute of Fashion Technology, Laxman Public School and General Raj’s school, to name a few.
The main market is in the E block and it is in the middle of the colony. There is another market in the G block and Aurobindo Marg in the nearby location. Hauz Khas also houses Deer Park and Rose Garden, which makes it one of the most sought after localities among property seekers.
