Delhi: Consider CR Park for rental accommodation
Started as a refugee colony for East Pakistani families in 1960, Chittaranjan Park is now dominated by Indian Bengali immigrant communities. Known for its freshwater fish market, the Bengali culture is quite prominent in the area.
Connectivity: Located in the South zone of New Delhi, CR Park is 17km away from Indira Gandhi International Airport and 16km from New Delhi Railway Station. Although, the area does not have its own metro station, Nehru Place Metro Station (the nearest metro station) is just a kilometre away. The area is well connected to the city with good road networks enclosed by Ho Chi Minh Marg (Outer Ring Road) in the North and Guru Ravidas Marg in the South.
Rental values: With clean and green environment and influx of affluent people into the area, CR Park experience high fluctuations in the property resale values. The area is surrounded by Nehru Place, Kalkaji, and Greater Kailash comprising intense commercial activities that attracts more office-goers. Consider the table below for the brief rent structure.
Property values: Being a developed residential zone for sub-central business District Nehru Place and other commercial areas such as Kalkaji and Govindpur, CR Park is experiencing a surge in real estate activity. At present, the sale prices has appreciated in the current year and are in the range of Rs. 16,000-to-17,000 per sq.ft. for both multi-storey apartments and builder houses.
