Overview of Ashram, New Delhi

Location and Connectivity

Ashram, settled in South Delhi, has lately experienced a big leap in its connectivity thanks to the recent unveiling of the Ashram flyover expansion. This enhancement links the Ashram flyover directly to the DND expressway and Sarai Kale Khan. This effort has reduced major obstacles on the Ring Road and enhanced connections between Delhi and Noida.

Property Types and Prices

For Sale

• Builder Floors: Costs start from ₹17 lac and climb up to ₹1.25 crore, with an average price per square foot of ₹8,015. There are over 16 properties for sale.
• Independent Houses: Available for ₹30 lacs up to ₹98 lacs, with an average per square foot cost of ₹13,750. They offer 3+ properties.
• Plots: One plot costs ₹15.25 lac, with an average price per square foot of ₹1,130.
• Flats:
  • 1 BHK: Prices vary from ₹17 lacs to ₹98 lacs, with an average of ₹12,114 per square foot. Four properties to choose from.
  • 2 BHK: Prices range from ₹55 lacs to ₹90 lacs, averaging ₹10,434 per square foot. Five options exist.
  • 3 BHK: Starting from ₹90 lacs to ₹1.25 crore, with an average of ₹9,272 per square foot. Just 2 properties available.

For Rent

• Builder Floors: Rent ranges from ₹7,500 to ₹32,000 per month. There are 21 properties to rent.
• Independent Houses: Monthly rent goes from ₹5,000 to ₹25,000. There are 2 properties available.
• Flats:
  • 1 BHK: Rental prices vary from ₹8,000 to ₹15,000 per month. Thirteen options.
  • 2 BHK: Between ₹16,500 to ₹22,000 per month. Four choices.
  • 3 BHK: Rent is ₹32,000 per month. Just 1 property available.

Neighboring Localities

Ashram is surrounded by prominent neighborhoods like Friends Colony East and West, Maharani Bagh, New Friends Colony, and Jangpura. These places should see property values rise 10-15% due to the flyover extension's better connectivity.

Real Estate Trends

• With the Ashram flyover extension, property prices and rentals should climb by 10-15% thanks to improved connectivity and reduced traffic.
• Rentals are projected to go up approximately 10% over the next few months.

Amenities and Infrastructure

• Enhanced connectivity, fewer traffic jams, and great access to places like AIIMS and the DND expressway benefit the area.
• Its residential setting includes various amenities and services.

PropertyWala's Insight

Ashram, New Delhi, is a hot real estate spot, thanks to its enhanced connectivity. Whether buying or renting, this area has a mix of properties for every budget. Expect property prices and rental costs to rise, thanks to the Ashram flyover extension. This suggests investing here might be good for long-term gains and immediate benefits. Stay alert to catch the best deals, as everything is set to uptrend in the near future.