Realty hot spot series: What makes this well-connected Delhi locality attractive for homebuyers

Delhi's Laxmi Nagar-Patparganj is this week's Realty Hot Spot. This is an established area in East Delhi with ample residential options along with good social and retail infrastructure. It is a preferred residential area thanks to its proximity to key job hub of Noida and sound overall connectivity.

Properties here are priced between Rs 4,700 per sq. ft. and Rs 16,800 per sq. ft. The cost of a 1-BHK (480 sq. ft) will cost an average of Rs 30 lakh and 3-BHK (1,400 sq. ft.) will cost Rs 1.7 crore on average. Here are other pros that make this locality in the national capital attractive.
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Highlights

• Established area in East Delhi having ample residential options along with good social & retail infra
• Proximity to key job hub of Noida and sound overall connectivity makes it a preferred residential area
• A popular commercial centre with many electronic showrooms, coaching centres, malls and offices
• Key infra - Mayo International School, Max Super Speciality Hospital, V3S Mall, Cinepolis Cinemas, etc.
• Well-connected through Vikas Marg, Delhi-Meerut Expy, Noida Link Rd and Blue & Pink Metro Lines

Locality snapshot

Schools: 16+
Hospitals: 14+
Restaurants: 20+
Banks: 18+
Grocery Stores: 17+
Petrol Pumps: 10+

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sq ft)

(Source: Magicbricks)