Top 3 premium localities: Delhi
Are you vying a property decked with ultra-modern amenities in an up-market location? if yes, let CommonFloor.com assist you. Out of several localities tracked, here are top three localities based on the highest rate per sq ft.
Greater Kailash:
Greater Kailash is one of the most costliest colonies in South Delhi. It was developed in early 1960’s when the Delhi government first handed over development to private developers. It is developed by DLF limited. It is also one of the only localities in Delhi which has all the facilities catering daily, weekly and monthly needs of the residents. The Community Centres in GK (Greater Kailash) include cinema complex, weekly and monthly shopping, restaurants, bars and eateries. Sirifort stadium is adjacent to Greater Kailash which has all kinds of sports facilities for the residents. So all these facilities make this an ideal locality for living. The connectivity of Greater Kailash is amplified with by the available metro stations.
Being the most ideal location, the prices over the years is very high in comparison to other areas. The location attribute itself adds a lot of extra value to the property in Greater Kailash. 2 BHK and 3 BHK apartments are available at range of Rs 10,000-15000 per sq ft and Rs 15,000-20,000 respectively. Individual houses in this area are more expensive than the apartments. 3 BHK and 5 BHK type individual houses are more in this area costing in the range of Rs 3-10 Cr.
Vasant Kunj:
Vasant Kunj is located in the Southwest part of Delhi. It is also developed in the early 1960’s by acquiring farm lands in Southern part of Delhi. Vasant Kunj is a residential hub with more than 1,00,000 residents. IIT campus is located near vasant kunj which also acts as one of the major attractors. It also has the top shopping malls of Delhi including DLF Ambience and DLF Emporio along Nelson Mandela Marg. The connectivity of this area can be appreciated by the arterial roads surrounding the area. Nelson Mandela Road, Outer Ring Road, Inner Ring Road and Aruna Asaf Ali Marg are all arterial roads giving good connectivity to other areas. It also has appreciation due to its close proximity to Gurgaon and Airport.
There are both individual houses and apartments located in Vasant Kunj, but the Apartments located are only 4-5 floors high because of which the overall population density of the area is low. 2 BHK and 3 BHK apartments are available at the range of Rs 12,000-17,000 per sq ft.
Janakpuri:
Janakpuri and Vikaspuri are the two most popular colonies in West Delhi. They are well-planned areas with luxury facilities, large size plots and villas. Janakpuri is also famous for the commercial establishments such as District Centre, Community Centres and Local shopping Centres. In every block of Janakpuri there is at least one Local Shopping Centre which caters for daily and weekly shopping needs of the residents. The District Centre attract a lot of traffic from out of Janakpuri also. Many people from Karol Bagh, Patel Nagar and Dwaraka visit the District Centre. The available metro connectivity which connects Janakpuri to Dwarka and Connaught Place also plays a major role in its real estate prices. The major advantage being well-planned facilities and luxury plots, metro and its connectivity adds to its value.
Most of the properties located here are either individual houses or villas. 3 BHK and 4 BHK houses are available in the range of Rs 12000-18000 per sq ft. 2 BHK houses or flats are in available in less number and are in the range of Rs 10000-13000 per sq ft.
