Real estate hotspot: an affordable residential area in Delhi

In this week’s ET Wealth real estate hotspot series, we take a look at the affordable residential area of ​​Uttam Nagar in southwest Delhi. The area covers the towns of Mohar Garden, Uttam Nagar West, Om Vihar and Uttam Nagar East. It offers affordable properties, aimed at the low and medium segments. It has excellent connectivity to major employment hubs like Gurugram, Connaught Place and Noida via metro connectivity. The region is also home to shopping centers, educational institutions and hospitals.

Uttam Nagar, Delhi is 16 km from the airport, 22 km from the nearest train station and 9 km from the ring road. The price range for apartments in the area is between Rs 2,500 per square foot and Rs 5,690 per square foot. The average cost of 1BHK is Rs 17 lakh, 2 BHK is Rs 26 lakh and 3 BHK is Rs 42 lakh.

Snapshot of the locality: Uttam Nagar, New Delhi

Locality values

Strong points

  • Prime residential area in South West Delhi with affordable properties, serving the low and mid segments
  • Has easy access to the main employment hubs of Gurugram, Connaught Place and Noida via excellent metro connectivity
  • Nearby Key Infra – Adarsh ​​Public School, Mahindru Hospital, Unity One Mall, Janakpuri District Center, etc.
  • Healthy road and metro network including Najafgarh Road, Pankha Road, Outer Ring Road and Metro Blue Line

Provided by BHK

Supply by bhk

Consumer preference by budget segment (Rs)

Consumer preference by budget segment

Consumer preference per covered area (sq. Ft.)

Consumer preference by area covered

  • 20+ schools
  • Hospitals 10+
  • 20+ restaurants
  • Banks 15+
  • 20+ grocery stores
  • Fuel pumps 15+

Source: magic bricks