Overview of Ashok Nagar, New Delhi

Location and Connectivity

Ashok Nagar lies in the western zone of New Delhi, close to the area known as New Ashok Nagar in East Delhi. For our purpose, we'll mainly focus on the Western part.

• Western Ashok Nagar: This part of the city is a well-developed residential area.
• New Ashok Nagar (East Delhi): Located on the Noida and Delhi border, within the Tilak Nagar constituency, it’s connected via the Noida Link Road, Ghazipur Road, and DND Flyway. The place offers the New Ashok Nagar Metro Station and is nearby Mayur Vihar Pocket-1 Metro Station.

Property Rates and Trends

• Starting and Average Prices: The starting price of properties in Ashok Nagar is around Rs. 4,100 per sqft, which averages Rs. 13,096 per sqft. Noticeably, property rates have increased by nearly 30.28% over the past year.
• Price Range: Prices cover a wide spectrum, moving from Rs. 4,100 per sqft to Rs. 23,722 per sqft, suggesting a varied market with options available for different budgets.

Types of Properties

• Western Ashok Nagar: Here, homes, plots, builder floors, and apartments are common.
• New Ashok Nagar (East Delhi): The area features low-rise apartments, standalone homes, and bungalows, with a high demand for builder floors and 2 BHK units.

Rental Market

• Rentals: Rents in New Ashok Nagar (East Delhi) average ₹11,000 to ₹20,000 per month for 1 BHK to 2 BHK units. Utilities like electricity, water, and maintenance costs are typically added separately.

Infrastructure and Amenities

• Transportation: Easily linked with major areas through metro stations at New Ashok Nagar and Mayur Vihar Pocket-1 and major roads like Noida Link Road and Ghazipur Road.
• Educational Institutions: Nearby are several schools including Mothers Heritage School, Rishi Convent School, and Florence Convent School.
• Healthcare: Hospitals in the area include LIFE CARE HOSPITAL, Sharwan hospital, and Dharamshila Cancer Foundation And Research Centre.
• Shopping and Dining: Supermarkets such as New Haryana Super Mart and Soni The Supermart are available, as are dining options like Cafe on 3 and Baa Bistro.

Livability Index

• Physical Infrastructure: The area sees continuous improvement. Particularly, Phase 3 of the Barapullah corridor development is under way, which looks set to boost connectivity greatly.
• Community Facilities: Auto-rickshaws and e-rickshaws frequent the area. Gyms here include One On One Gym and Hakam Gym, alongside other fitness facilities.

PropertyWala's Conclusion

Whatever part of Ashok Nagar in New Delhi you choose, there's a wide variety of residential possibilities. From good schooling, solid healthcare, and excellent shopping to strong connectivity, it’s a top pick for buyers and renters alike. Although property values show significant year-over-year appreciation, remember to look into specific differences between Western Ashok Nagar and New Ashok Nagar on the East Delhi side, especially regarding property types and cost.