Realty hot spot series: This area in East Delhi is a preferred residential locality
Properties here are available in the price range of Rs 4,300-18,000 per sqft. A 3-BHK, comprising 1,430 sq ft area can cost an average of Rs 1.76 crore and enjoys the maximum supply among property types.
By ET CONTRIBUTORS | Updated:
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In this week’s Realty Hot Spot series, we take a look at Laxmi Nagar-Patparganj in Delhi. Laxmi Nagar-Patparganj is an established area in East Delhi and enjoys ample residential options. It has good social and retail infra and enjoys sound overall connectivity and proximity to key job hubs of Noida.
Properties here are available in the price range of Rs 4,300-18,000 per sqft. A 3-BHK (1,430 sq ft) can cost an average of Rs 1.76 crore. A 4-BHK (2,430 sq ft) can cost Rs 3.69 crore. Here are other draws that make this locality a real estate hot spot.
Locality snapshot
Ample residential options available in this established area in East Delhi, along with good social and retail infra
Sound overall connectivity and proximity to key job hubs of Noida makes it a preferred residential area
Presence of showrooms, coaching centres, malls and offices makes it a popular commercial centre
Max Super Speciality Hospital, V3S Mall and Cinepolis Cinemas are the key social infra
Supply by BHK Consumer preference by budget segment (Rs) Consumer preference by covered area (sq ft)
Schools 5+
Hospitals 5+
Restaurants 20+
Banks 20+
Grocery Stores 20+
Petrol Pumps 5+
Source: Magicbricks
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
