In this week’s ET Wealth real estate hotspot series, we take a look at the affordable residential area of ââUttam 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
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 ââPublic 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