Connectivity and social infra activates residential demand in NFC
Situated in the southern part of New Delhi, New Friends Colony is one of the posh localities in the city with excellent social infrastructure. It is bounded by Mathura Road in the West, Inner Ring Road in the North, Jamia university in the South and Okhla in the East.
The locality is well connected to central and southern parts of Delhi through Inner Ring Road, Mathura Road and Outer Ring Road. It is situated adjacent to DND flyway, which is meant for smooth flow of traffic between Delhi and eastern parts of NCR such as Noida, Greater Noida, Mayur Vihar and Ghaziabad.
Nizamuddin Railway Station is located at a distance of just 6km from here. Airport and other areas of South-East Delhi are easily accessible either through Inner Ring Road, Outer Ring Road or through Barapullah Elevated Road.
That not all! Recently proposed Kalindi Kunj Bypass will further ease the traffic situation along Mathura Road and will provide smooth connectivity between Faridabad and Delhi. Being situated adjacent to Kalindi Kunj, New Friends Colony also enjoys smooth connectivity to Faridabad.
The area also boasts of self sufficient social infrastructure with number of schools and hospitals. There are primary and secondary schools such as DAV public school, Kasturba Balika Vidyalaya, National Public school, Cambridge Primary school, Sarvodaya Kanya Vidyalaya and Serra International Pre-School. The locality also has good local level and city level health infrastructure facilities such as Cosmos hospitals, Sujan Mohinder hospital, Lion’s kidney hospital, Holy Family hospital, Fortis Escorts heart institute and Bansal Hospital.
Being a planned locality by DDA, it has several convenience shopping centres for daily and weekly shopping purposes of the residents. Community Center located in New Friends Colony attracts a lot of people from the nearby areas.
As per data with CommonFloor, most of the properties available for rent and sale are either individual houses or builder floors, which commands a premium. As per BHK configuration, more number of 3BHK and 4BHK units are available in the size range of 2,000-5,000 sq.ft. The capital values for these larger units fall in the price brackets of Rs 30,000-35,000 per sq.ft., while rentals would command somewhere about Rs 80,000 to Rs 4 lakh per month.
Thus, due to well built connectivity and robust social and physical infrastructure, New Friends colony has good preference over other high end localities in Delhi.