The Northern part of Delhi is also known as Old Delhi and holds the prestige of being home to the great Mughal Empire at one point of time. Even today one can see the older property in North Delhi stylised in accordance to the Mughal tradition. This part of Delhi holds great importance on the map as many historical places are located here. With many points of interest like India Gate, Kashmere Gate and Model Town it goes without saying that North Delhi is densely populated. Further, it is always a busy and crowded region as the foot-fall of visitors and tourists never end. This is one of the primary reasons why property in North Delhi is perpetually on the rise. Another feature that ups the price of property in North Delhi is the presence of the Old Delhi railway station and ISBT. This upward trend has enticed reputed builders to construct modern high rise buildings to suit different consumer tastes.
The 3 major areas falling under North Delhi including civil lines, Model town and Pitampura are fully developed. Standing on similar lines, is South Delhi which also has a huge demand in the real estate market. Property in South Delhi covering areas like Mayur Vihar, Lakshmi Bai Nagar etc, are plush with all fundamental amenities, shops, multiplexes, places of worship and entertainment zones. When it comes to buying property in these regions the rates are pretty much on the same scale. While a 1350 sq.ft property in North Delhi would cost around 2.25 crores, a property in South Delhi of similar size would cost around 3 crores. Looking at the two areas from a real estate stand-point both feature high on the property price index. Their key features contribute a great deal in recognising property in South Delhi and North Delhi as hot investment destinations.
- Excellent connectivity by road and rail
- Abundance of educational institutions, organisations, banks and shopping spots
- Adequate public safety measures in place
- Proximity to neighbouring districts as well as railway station, airport and major tourist attractions
Time is right to buy your own apartment and enjoy the above benefits.
