Realty hot spot series: Why Saket is an advantageous residential area in New Delhi

This week ET Wealth realty hot spot series takes a look at an established residential area in New Delhi - Saket. The locality in the national capital boasts top-class social and retail infrastructure. The city's premier shopping malls- Select Citywalk and DLF Place are located in this area. The locality offers great connectivity via Yellow line of Delhi Metro and through MG Road and Aurobindo Marg. The price range of flats in the area is between Rs 8,300 and Rs 20,700 per square foot. The average price of 2BHK is Rs 85 lakh, 3 BHK is Rs 2 crore and 4 BHK is Rs 4.40 crore.

Locality snapshot: Saket, New Delhi

• Established area having excellent social and retail amenities
• Key amenities - Sri Aurobindo College, Max Super Speciality Hospital, proximity to IIT Delhi and AIIMS
• Delhi's premier shopping malls - Select Citywalk and DLF Place malls are located here
• Well-connected through Yellow Line of Delhi Metro with decent road connectivity through MG Road and Aurobindo Marg

Locality

Supply by BHK

Consumer preference by budget segment (Rs)

Consumer preference by covered area (sf)

• Schools 20+
• Hospitals 20+
• Restaurants 25+
• Banks 15+
• Grocery Stores 20+
• Petrol Pumps 20+

Source: Magicbricks