Consider Kalkaji for rental options within Rs 24,000 per month
Known for the presence of 3,000 years old Kalka Mandir, Kalkaji is one of the prominent localities of South Delhi. Surrounded by Nehru Place in the North, Chittaranjan Park in the South West, Govindpuri in the South East and Okhla to the East, the area enjoys good road and metro connectivity.
Located on the Outer Ring Road, its proximity to NH-2 (Mathura Road) makes it accessible to other parts of the city. Further, with the establishment of Kalkaji metro station, area’s connectivity was further enhanced. Though considered as one of the expensive areas, when compared to the neighbouring localities affordability is another edge that Kalkaji boasts of. For instance, in Kalkaji the average rental value of an apartment is Rs 24 per sq.ft., however, in Chittaranjan Park the same apartment would cost somewhere around Rs 28 per sq.ft. As per data with CommonFloor, with 45 per cent 2BHK units are most preferred, followed by 1BHK units (30 per cent) and 3BHK units (18 per cent).
Consider the table above for detailed rent structure. Major tourist landmarks such as Lotus Temple, Dargah of Chirag Dehlvi along with other historical monuments are also in the vicinity. Additionally, the neighbourhood is rich with social amenities such as schools, hospitals and entertainment destinations along with proximity to the sub-central business districts like Nehru Place, Greater Kailash, Kailash Colony, which gives the residential micro market an upper hand in the region. At present, Kalkaji is plagued with parking issues. However, there are plans for appropriate parking infrastructure development to reduce the parking woes. The deadline for the project has been extended to 2015 by the civic authorities due to construction delays.
