Overview of Alipur, New Delhi

Location and Connectivity

Alipur, found in North Delhi, has great connectivity to many parts of the city. Major roads and public transport make it a great choice for residents and travelers.

Property Prices

• Average Price per Sqft: The average cost of properties in Alipur Village is Rs. 3,944 per sqft.
• Price Range: Prices vary from Rs. 2,833 per sqft to Rs. 5,000 per sqft.
• Year-on-Year (YoY) Growth: Property rates dropped by 21.64% over the past year, suggesting a buyer's market.

Types of Properties Available

• Residential Properties: Alipur offers varied options like apartments, single-family houses, and villas.
  • Apartments: Priced about Rs. 3,999 per sqft.
  • Independent Houses: Around Rs. 4,000 per sqft.
  • Villas: Average price is Rs. 4,001 per sqft.
• Plots and Land: Residential plots and land for sale offer freehold ownership. Available in prime locations and of different sizes.
• Commercial Properties: Options include warehouses, office spaces, and other units, with rents from ₹80,000 to Rs. 5 Lac monthly.

Rental Market

• Residential Rentals: Available options include 1/2/3 BHK flats, furnished and semi-furnished properties, and house rentals.
• Commercial Rentals: Warehouses and other commercial spaces are rentable, with average rents per sqft around Rs. 21 for warehouses.

Amenities and Infrastructure

• Connectivity: Good road access and public transport options.
• Amenities: Close to schools, colleges, hospitals, and other important services.

Investment Potential

• Current Trends: Current price trends suggest it may be a good moment for those looking to buy properties in Alipur due to recent price drops.
• Future Prospects: Area's connectivity and amenities make it a promising area for future investment.

PropertyWala's Conclusion

Alipur, in New Delhi, combines affordability and long-term appreciation, making it appealing for both buyers and renters. Market conditions, with fallen prices, hint at a prime time for investment. Nevertheless, it is vital to assess personal needs and budgets carefully. Its excellent connectivity, diverse property options, and necessary amenities make Alipur a promising local spot for real estate investments and living experiences.