Dreaming to buy property in Delhi? Then move towards the North-West part of the Delhi, where sector-24 Rohini offers competitive capital and rental values. Be it establishing infrastructure or smooth connectivity, this area in recent times has emerged as a fastest growing realty hotspot of Delhi.
So let’s take a look at major factors contributing towards this region’s growth:
Sector-24 Rohini falls between Bahadur Shah Marg and Bhagwan Mahavir Marg. The locality enjoys smooth connectivity to other sectors of Rohini via good road network. Also, well-developed metro connectivity from Rithala metro station fueling up the property prices here. DTC buses from the entire city also provide a seamless connectivity to all the parts of the city.
In recent times, many infrastructural developments have attracted potential home buyers towards this area. Social amenities ranging from schools, hospitals, banks, restaurants can be easily found within the sector. Renowned educational institutions like Delhi Public School and Vikas Bharati Public School, Jagannath Institute of Management Studies etc. are present in this locality. Moreover, many other entertainment and leisure options like Adventure Island and D Mall are present in the area.
Real estate market of Sector- 24 Rohini
Home buyers have the option to choose from a wide range of housing options available here. The locality majorly consists of builder floors, but one can also buy a well-maintained DDA apartment and land at prices lower than the other neighbouring sectors.
For those who are looking for rental accommodation, the area offers a wide range of option in budget-friendly prices. Due to this, Sector-24 Rohini is becoming a sought-after locality for both end users as well as those looking for affordable rentals.
Property rates and trend Sector- 24 Rohini
If we go by the latest trends then Sector- 24 Rohini has seen an upsurge of approximately three times in last few months, i.e. from April to June 2018 as compared to January to March 2018. Currently, the average property price here starts from 7450 per sq. ft. According to a real estate expert, because of the sufficient availability of residential units here, the capital values of the property here had shown an upward trend.
Talking about the rental property market, where the growth drivers are students and professionals, recorded a nine percent increase on yearly basis. For example, a 2 BHK apartment is available at a rental of Rs 10000 per month. On the other hand, a 3BHK unit is available at a price of Rs. 17000 per month.
So, with the kind of growth and development, this sector has seen in recent time, the investment potential here is bound to become stronger in the next few years.