Delhi-The national capital of India is known for its thriving and flourishing real estate. From East to West and North to South, there are many renowned and leading localities which are home to top-notch personalities, politicians, businessmen, and other government officials.
Apart from this, well-developed metro connectivity along with other sound infrastructure and transportation system across the city has brought all these localities nearer to each other. Due to this, property rates in these localities have always remained on the higher side. Still many want to invest in these localities. Take a look at some of the most expensive and hot favourite localities to invest in Delhi:
One of the most preferred and a plush locality of Delhi, Defence Colony is home to some of the leading hi-end branded shops, offices and top-notch schools. The locality is a part of the South Delhi and is home to many wealthy businessmen of Delhi. Defence colony enjoys smooth connectivity to other areas of Delhi through local DTC buses, metro, and other public transportation systems.
Defence colony is famous for restaurants that offer multiple mouth-watering cuisines to Delhiites.
At present, the average property price here is 10.49 crores.
Another thriving locality of the South Delhi, Jor Bagh is located nearby Safdarjung Tomb. Just like Defence Colony, Jor Bagh is also home to top-notch personalities from various fields, Businessmen etc. Most of the residential developments are in the form of villa, penthouses and plot based. Jor Bagh is well connected via yellow line corridor of the metro. The locality is home to popular shopping complexes, entertainment centres as well as historical monuments.
The average price of the property in Jor Bagh is around 22.38 crore.
Situated in the lap of Mother Nature, Gulmohar Park is another upmarket and plush locale of Delhi. Gulmohar Park is a hot favourite among many affluent home buyers due to well-developed infrastructure, seamless connectivity and nearby landmarks like Siri Fort Auditorium, sports complex, AIIMS etc. The locality is home to leading business people, renowned lawyers as well as Superstar Amitabh Bachchan’s Delhi residence. IGI Airport and Hazrat Nizamuddin railway station are also in vicinity to this locality.
Both apartments and plotted developments are available here in resale properties. The current property price in Gulmohar Park is 8.41 crore.
Home to many elite and up class Delhiites, Jangpura Extension is another thriving and expensive real estate investment destination of Delhi. The average property price here is 19,597 per sqft. Currently, the property price here starts at Rs1.60 crore and hover at a maximum of 13.50 crore.
One of the most famous, old and posh locality of Delhi, Green Park was established in 1960 and is home to rich class section of Delhi. The locality is surrounded by other upscale localities like GK, Defence colony and Gulmohar Park. Green Park is divided into two parts: Main and Extension. It is well connected to other areas of Delhi via ring road, yellow line metro corridor, and public transportation system. It is also home to many open spaces, parks, restaurants and shopping complexes.
At present, the property price in Green Park ranges from 15,070-24,325 per sqft.