Overview of Aurobindo Marg, New Delhi

Aurobindo Marg, part of South Delhi, is a highly desirable place for many looking to buy or rent property. Let's break down what makes this area special from a real estate angle.

Property Prices

• Buyers face a wide price spectrum in Aurobindo Marg. Prices start around ₹14.5 lac and stretch up to ₹50.80 crore, depending on property type and size.
• About 59% of the properties for sale go beyond ₹5 crore.

Property Types

• Flats and Apartments: Find them in all shapes and sizes, with 4 BHK being the most popular. Options range from 1,300 sq. ft to over 4,200 sq. ft.
• Builder Floors: There are plenty to pick from, complete with furnished and semi-furnished setups.
• Standalone Buildings: Some places are set alone, offering a special living experience.

Rental Options

• There are over 63 flats for rent available directly from owners. You can find plenty of furnished and semi-furnished options too. Rooms for single renters are also common.
• For a 3 BHK flat, the rent can range ₹1.3 lakh to ₹2 lakhs per month plus maintenance fees.

Location and Amenities

• Close to Major Landmarks: This spot is near big landmarks like AIIMS and other top hospitals, schools, and shopping spots.
• Transportation: It's well-linked to public transport and major roads, perfect for easy commutes.
• Lifestyle: The area mixes residential and commercial spots, ensuring you have access to all kinds of services including food, shops, and fun places.

Market Trends

• Fluctuating Prices: Over the last few quarters, property prices in Aurobindo Marg have changed a lot, like a spike of 21% from Jan-Mar '24.
• Annual Changes: Even with limited data on Aurobindo Marg, areas nearby like Safdarjung Enclave have shown significant price movements, showing a bustling real estate scene.

PropertyWala's Final Thoughts

Aurobindo Marg in New Delhi feels like a top pick for both buyers and renters. With its prime location, varied property choices, and solid infrastructure, it’s a great choice for anyone wanting to invest or live in a prestigious, very well-connected neighborhood. But don’t forget, you'll need to be ready for high prices and market changes. Thorough research and talking to real estate pros are key for making the best decision.